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1/19 News Roundup: The Pavilia Bay Received Over 7,000 Subscriptions, Grand YOHO Released 112 Units with 3% Price Up
Hong Kong Property | January 19, 2017
The Pavilia Bay Received Over 7,000 Subscriptions
New Development and Vanke have reportedly received over 7,000 subscriptions for their joint project in Tsuen Wan West, The Pavilia Bay, making it the highest number of subscriptions received by one single new project launched after the cooling measure in November 2016. Meanwhile, One Kai Tak (II) has received over 1,100 subscriptions for its new batch of 122 units.
Grand YOHO Released 112 Units with 3% Price Up
Sun Hung Kai Properties yesterday released its third price list involving 112 units worth HK$1.23 billion at its Yuen Long project Grand YOHO‘s second phase. Some units saw price hikes of 1% to 3%, with a discount average price at HK$13,882 per square foot. The most expensive unit sold so far at the project fetched HK$18.7 million, while the highest price per square foot recorded was HK$17,213.
MOUNT NICHOLSON Sold 2 Units for HK$590 million
MOUNT NICHOLSON opened bids for its 6A and 6B units in Phase 2. The two units are purchased by one customer for over HK$590 million. The average price is over HK$67,000 per square foot for a total of 8,855 square feet in the two units.
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