Sino Land (083), K. Wah International (173), China Merchants Property (978) and MTR Corporation jointly developed Tseung Kwan O LOHAS Park III.
Cadburgh III, today announced the first price list, involving 130 units, discounted average price of $ 16,938, compared with the last phase of the first price list of the discounted average price of about 8% discount, the most flat $ 4,967,000 entry, for the first time in 5 years of the Sunrise LOHAS Park, a new disc entry fee as low as "four balls", two-bedroom units are also sold than the last phase of about $ 1 million flat.
Sino Land Executive Director Tin Siu-yuen said, compared to last year's opening price of Crown Point II, the opening price of this time there is a 7.8% discount, the price reflects the market conditions, location and landscape. He also pointed out that the Government had earlier announced that the population of Hong Kong had increased, and the LOHAS Park area had been active in the past two months, with about 1,300 tenancy transactions, which was believed to be attractive to both investors and end-users. K. W. Wan, director of sales and marketing at K. Wah International (Hong Kong Property), said that the first batch of prices are close to the second-hand prices.
According to Centaline Real Estate data, LOHAS Park older second-hand housing estates, including MALIBU, LP6, MONTARA, MARINI and SEA TO SKY, the current second-hand square footage between $15,778 and $17,018. The first batch of flats of CapitaView II is priced close to or even more favourably than the second-hand flats in the same district.
The first batch of 130 units, including 6 open-plan units, 42 1-bedroom units, 76 2-bedroom units and 6 3-bedroom units, are priced at $5,844,000 to $14,749,000 and $18,469 to $21,494 per square foot, and after deducting the maximum 15% discount, the discounted price is $4,967,400 to $12,536,600 per square foot, and the per square foot price is $15,699 to $18,270 per square foot.
The entry unit is Unit E, 10/F, Block 3A, with a usable area of 283 sq ft, open plan, at a discounted price of $4,967,400, with a price of $17,553 per sq ft.
The lowest price is Flat E, 10/F, Block 3B, with a usable area of 452 sq.ft. and a 2-bedroom open kitchen unit, discounted at $7,095,800 and priced at $15,699 per square foot. As for the 1-room flat unit, it is Room C on the 10th floor of Block 3A with a usable area of 340 sq ft at a discounted price of $5,968,700; as for the 2-room flat unit, it is Room E on the 10th floor of Block 3B with a usable area of 452 sq ft at a discounted price of $7,095,800.
Looking up the information, Capitol Crest I announced its first price list in June last year, involving 128 units at a discounted average price of $17,888; Capitol Crest II launched its first batch of 138 units in July, at a discounted average price of $18,378, which is 2.7% more expensive than that of the first phase. Capitol Crest will be developed in three phases, providing a total of 1,880 units. Crispus series was launched in the middle of last year, so far the cumulative sales of 617 units, cash out of nearly 5.3 billion yuan.
Sunrise Cannes on the last time the entrance fee is low to see the "four ball" new disc, to count to the 8 years in 2018 to launch the sale of LP6, when the launch of the first batch of 487 units, one-bedroom units (area of 307 square feet) discounted from 4.49 million yuan.