Sun Hung Kai Properties has announced the upcoming launch of "Ming Sun - Kowloon Peak," its latest development at Kowloon Peak in Sha Tin, along with the release of a new price list and property purchase incentives, which has sparked widespread interest among potential buyers. According to Jason Chun Wing-wing, sales manager at Sun Hung Kai Properties, the new development will commence sales of 11 sea-facing three-bedroom units starting this Saturday, aiming to meet the strong demand in the market for mid-level sea-view residences.
As part of the Kowloon Peak project, these newly launched units are situated in Block 2, with each unit boasting a practical area of over a thousand square feet and commanding magnificent southeast-facing sea views. The living room balconies and master bedrooms overlook the Sha Tin waters and racecourse, offering residents a unique living experience.
The new price list offers buyers multiple property purchase incentives, with total discounts of up to 10.75%. These incentives include a 2% residency discount for entering the mid-level luxury living, a limited-time 4% discount on high-level sea-view three-bedroom units, and a 3.75% tax assistance incentive. Additionally, buyers can enjoy the "Preferential Purchase of Parking Spaces with Deferred Payment" offer and receive a complimentary home furnishing voucher worth HK$380,000.
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To facilitate easier payment of the initial down payment for buyers, Ming Sun - Kowloon Peak has introduced a new payment plan called the "Elite Talent Golden Plan." Under this plan, buyers only need to pay 5% of the property price upon signing the provisional sale and purchase agreement, with the remaining installments of 0.5% of the property price to be paid every 30 days within 60 days and thereafter until the total payment of 5% is completed. The remaining 90% of the property price is to be paid within 360 days. Buyers using this plan will also enjoy an additional 3.75% discount incentive.
Furthermore, Ming Sun - Kowloon Peak has announced a new round of sales arrangements. Sales will commence this Saturday, with the first nine units being released in the form of a price list, followed by the sale of two units via tender on Monday. The most affordable unit among them is Unit B on the 2nd floor of Block 2, with a floor area of 1,053 square feet, and a discounted sale price of approximately HK$14.998 million, translating to a discounted price per square foot of around HK$14,243.
As of yesterday, Ming Sun - Kowloon Peak has sold 207 units, with 13 units sold since May this year, totaling approximately HK$3.2 billion in sales. Sun Hung Kai Properties remains confident in the future sales outlook and pledges to continue meeting the needs of buyers by providing them with a superior living experience and service.
