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New developments in Yau Tong and LOHAS Park fight for customer attraction
New developments in Yau Tong and LOHAS Park fight for customer attraction Hong Kong
By   Centaline Property
  • City News
  • New Property Absorption
  • New Property Market
  • Hong Kong New Property
Abstract: New developments in Yau Tong and LOHAS Park are taking turns to attract customers. On Thursday (17th), about 4 transactions were recorded in the new property market. Tai Po Pak Shek Kok property with a garden featured households sold for $7.13 million.

Market news, Cheung Kong Group (01113) Yau Tong pro-sea station I, from Monday to date (14 to 17) within 4 days has received more than 5,000 tickets, according to Sunday (20) will be on sale 219 guys, has been oversubscribed more than 21.8 times. Cheung Kong Holdings' Chief Sales Manager, Mr Kwok Tze-wai, said that tickets for Pro-Ocean Station I will be closed at 6pm tomorrow (18th).

 

Sino Land (00083), K. Wah International (00173) and China Merchants Land (00978) co-development of Tseung Kwan O LOHAS Park III, phase 11, announced on Thursday (17) the earliest weekend launch, and there is room for price increase, there is a chance that next week to open for sale. Sino Land Executive Director Tian Zhaoyuan said, the project tomorrow (18th) onwards to the public open demonstration units, Saturday (19th) officially began to collect tickets. Currently has received more than 1,000 enquiries, enquiry to two-room mainly, the overall 70% belongs to the Tseung Kwan O district owners or tenants, some of the intention to turn rent to buy.

 

Sun Hung Kai Properties (00016) under the University Hill (Phase 2B) in Pak Shek Kok, Tai Po, the latest tender to sell a special A1 room on the ground floor of Block 1 of Uniquely View Court, with a usable area of 396 sq ft of two-bedroom, with a 389-square-foot garden, the transaction price of $7,138,000, the price of a foot of about $18,025.

 New developments in Yau Tong and LOHAS Park fight for customer attraction

Sino Land (00083) and other 4 major developers co-operation of South West Kowloon Harbour Road II, Thursday (17) for $17.9 million to sell Block 6, 3rd Floor, Room C, utility area of 790 square feet, three-bedroom even multi-purpose room, feet price of about $22,658.

 

Henderson Land (00012)'s Quarry Bay's THE HOLBORN, the latest sale of A1, 15/F, Block A, with a usable area of 452 sq ft and two rooms, sold for $12.3943 million, at a price of about $27,421 per sq ft.

 

Ming Jung, a subsidiary of Goodman Group Holdings (01271), which is adjacent to the MTR To Kwa Wan Station, revised its pricing list on Thursday (17th) to cut the 1% "Central Kowloon Unlimited Opportunities Discount" offer, so that the maximum discount rate will be reduced from 20% to 19%. It is learnt that the project has been approved with the latest occupation permit.

 

Kowloon Development Company (00034), Tseung Kwan O, Hai Yin Manor, Thursday (17th) to 3,911,000 yuan to sell a Block 1, 30th Floor, Room B7, for the utility area of 204 square feet of open-plan households, the foot price of about $ 19,172. The developer said the new buyer purchased the flat for investment purpose.

 

Eagle (00041)'s Long Tao, Pak Shek Kok, Tai Po, recently sold Flat B, 9/F, Block 1, a 4-bedroom flat with a usable area of 1,723 sq ft, for $41,868,900 at $24,300 per sq ft, through tender.

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New developments in Yau Tong and LOHAS Park fight for customer attraction
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