Changshi (1113) Yau Tong Sea Friendly Station II low price launch effect, last Saturday (12) sold out all 626 units on the same day. Taking over the "King of Tickets" hot selling momentum, sea-friendly station I today (14th) immediately open price, discounted average foot price of $15,250, compared with the first batch of sea-friendly station II discounted average price of $14,997, higher by about 1.68%, one-bedroom units discounted from $3.85 million, the receipt of tickets with immediate effect.

Chiu Kwok Hung, Executive Director of Cheung Kong Holdings, said that the new phase is more waterfront, taking into account the landscape factor, the price has not been raised for the time being, it is the original price of the launch, so it can be described as a "microphone away from the chicken", the increase in pricing is mainly to reflect the factors of the more waterfront, and the chance of this weekend's opening of the sale of the building, when there is a group of V to the Corner of the customer priority to choose the building, up to 2 units can be purchased.

Chan Wing Chee, Sales Manager of Cheung Kong Holdings, added that the first price list of Ocean-Friendly Station I adds an extra 1% discount for Ocean-Friendly Station II customers, among which the 1 and 2 rooms are set at a maximum discount of 19%, while the 3 rooms enjoy a maximum discount of 20%, among which the 3-room units continue to provide a fixed-interest discount. The total value of the entire price list is approximately $417 million.

The 3-bedroom units are available under Breathe PLAN, with a monthly interest payment of only $7,727 for the first year.

There are 50 units in the first batch of Ocean-Friendly Station I, which focus on 1-bedroom and 2-bedroom units.

Cheung Kong Holdings Chiu Kwok Hung said, sea-side station I is more sea-side, taking into account the landscape factor, the price is not increased for the time being, it is the original price of the launch.

The first batch of 50 units, including 20 units of 1-bedroom, 20 units of 2-bedroom and 10 units of 3-bedroom, with usable area of 286 to 736 sq ft, priced at $4,763,000 to $14,763,000, with price at $16,654 to $20,058 per sq ft, and discounted price at $3,858,000 to $11,810,000 per sq ft, with discounted price at $13,490 to $16,082 per sq ft.

The first batch of the cheapest flat is Unit J on 1/F of Block 1, with a usable area of 286 sq.ft. and 1-bedroom, at a discounted price of $3,858,000 and a price of $13,490 per sq.ft. The flattest 2-bedroom unit is Flat C, 1/F, Block 1, with a usable area of 442 sq ft, discounted price of $6,602,000, discounted price of $14,937 per sq ft.

As for the 3-bedroom unit, the flattest unit is Unit E on Level 2 of Block 1, with a usable area of 717 sq ft and a discounted price of $10,303,000, or $14,370 per sq ft. The 3-bedroom flat is available for "Breathe PLAN", the first year interest monthly instalment is only $7,727.

According to the information, Sea Friendly Station II launched the first batch of 132 units early this month, with usable area ranging from 210 to 718 sq.ft. The open-plan to 2-bedroom units enjoy a maximum discount of 18 per cent, while the 3-bedroom units enjoy a maximum discount of 19 per cent, and the discounted price of open-plan units starts from as low as RMB 2.9 million.

The first round of 626 units were put up for sale last Saturday and over 38,000 tickets were received in just 6 days, which was over-subscribed by more than 59 times, replacing Park Avenue III in Tai Wai as the king of the new property in Hong Kong with the highest number of tickets received in the past.

Mr Chan Wing-kit, Vice Chairman and President of Residential Division of Centaline Property Asia Pacific, pointed out that the price of Phase I was restrained, with a 15% discount compared to the new second-hand estates in the same district, which is believed to attract a large number of subscribers from the Corner of Phase II, which is expected to account for 80% of the overall customer base, and with the strategy of low opening of Phase II working well, it is believed that the sales of Phase I will also be recorded in the satisfactory manner.

Sea Friendly Station II was launched for sale at an affordable price, and it has successfully triggered a property buying frenzy, which proves that the strategy is effective, and it is expected that other developers will follow suit. More than 750 first-hand transactions have been recorded in this month, which has already surpassed the whole month's transaction volume of the previous month, and it is believed that the first-hand transaction volume of the whole month can reach 1,500 cases.

Second-hand owners less than the rate of decline in new first-hand transactions, transactions continue to slow down, coupled with the domestic housing is full of negative news, Hong Kong's economic recurrence is no longer prosperous, and reiterated that the Government should seriously review the policy on the property market.