Cheung Kong (1113) under the Yau Tong sea-friendly station II since last Thursday (3) to nearly 7 years in the city's lowest new prices, discounted average foot price of $ 14,997 to launch the first batch of 132 units, the success of the market focus, and its sales office located in Tsim Sha Tsui, Harbour View Road, also for a few days to get a large number of property tourists queuing up to visit the demonstration units.
Seeing the warm market response, the developer launched the second price list yesterday, involving 122 units, the average price of the whole batch of discounted feet of $15,063, discounted price of $2,944,000, similar to the price of the first batch. Mr Chiu Kwok Hung, the executive director of CKI, emphasised that "the project price is more affordable than subsidised housing", and that this is a launch at the original price, and no price increase will be made before the first round of sales, and there is a chance of launching additional units. The project has received more than 5,000 subscription registrations in two days, which is 18.7 times oversubscribed.
Asked whether there is a chance that Sea Station II will be "cold-cooled" and all the flats of the project will be launched in the first round of sales, Mr Chiu responded that the most important thing is to meet the demand of users in the market, and the company will try its best to increase the supply, and the first round of sales will be based on the price of the first batch of flats as much as possible, so that more members of the public can afford the flats of their choice.
He emphasised that the project was well received on Saturday and the company was quite satisfied with the response, saying that "there is a good chance of launching additional units", and added that "there will not be any price increase before the first round of sale"; in the future, depending on the receipt of tickets on the weekend, the number of units to be launched will be determined, and the sales arrangement will be announced later on.
The price list of No.2 of Ocean-Friendly Station II involves 122 units, including 7 open-plan, 72 1-bedroom, 35 2-bedroom and 8 3-bedroom units, with sizes ranging from 210 to 718 sq.ft. and maintains the highest discounts of 18% (for open-plan to 2-bedroom units) and 19% (for 3-bedroom units), with discounted price of $2,944,000 to $11,346,000, and the discounted average sq.ft. price is $15,063. It is worth mentioning that the project has a long pre-sale period of about 26 months. Market sources pointed out that as of 6:30pm last night, the project has accumulated more than 5,000 subscription registrations, with two price lists totalling 254 fellows, oversubscribed by nearly 18.7 times.
The project's sales office at Harbour View Gateway in Tsim Sha Tsui has attracted a large number of property watchers queuing up to visit the show flats over the past few days. Cheung Sha Wan sales department chief manager Kwok Tze-wai said that about 15% of the ticket buyers from Yau Tong, because there are a lot of newly occupied subsidised housing in the area, so the residents in the area to change the intention of the building is relatively small. On the contrary, from Tseung Kwan O and Kai Tak ticket customers accounted for a higher proportion, accounting for a total of more than 40%, the main reason is that the two districts are relatively mature, the district customers themselves have a greater demand for private housing. In addition, Kwun Tong also accounted for about 15% of the votes.
Mr Kwok pointed out that nearly 30% of the visitors to the showroom over the weekend were originally interested in buying subsidised flats. In addition, 40% of the visitors were interested in one-bedroom flats, while 23% were interested in subscribing to two-bedroom flats. The figures reflect that there are many Hong Kong buyers who are eager to buy private flats, especially the one-bedroom flats in the project are priced at around $3.7 million in discounted price, which is quite attractive to them.
Although the low price of Henderson's Hunghom property has heated up the first-hand market, other new flats seem to be under pressure once the "deep water bomb" exploded. Henderson's Hung Hom Baker Place 3 BAKER CIRCLE-GREENWICH yesterday continued to collect votes, Henderson property agent sales (a) general manager Lam Tat-man said, the project in the market attention is extremely high, in the peer hundred of the weekend, the exhibition and sales centre recorded about 3,000 people visit, as of last night at 6:30 pm has been collected more than 650 votes subscription registration.
The project has launched two price lists of 84 units so far, and the first round of sale of 60 units is scheduled for this Tuesday (8th), with unit types ranging from open-plan to 3-bedroom, at an average discounted price of RMB 18,963, and the lowest discounted price of RMB 3,678,300. Based on the first round of 60 units, it is oversubscribed by 9.8 times.
On the eve of the launch of large-scale brand new flats at low prices, transactions of new flats at the end of the market continue to be sluggish. Only about 6 transactions were recorded in the first-hand market on the past Saturday and Sunday (5-6 August), comparing with the 9 transactions in the previous week (29-30 July), the number of transactions decreased by 3 or 33.3% week-on-week.
New luxury residential properties continue to be taken up by the market. Kerry Properties' Kowloon Peninsula luxury residential Tee Wai sold a 4,364-square-foot split-level mansion on the 5th floor of Block 2, Unit B, with two car parking spaces, for $244.2 million at $55,000, a record high price for a split-level flat in Kowloon this year, according to a tender on Saturday.
