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2/8 News Roundup: 3,700 Lohas Park flats rolling out this year, Novi to put 98 units on sale this Sunday

Hong Kong Property | August 2, 2017

3,700 Lohas Park flats rolling out this year

Wheelock & Co yesterday said that it expects to start selling flats at its 10 Muk Ling project in Kai Tak from the third quarter of this year. The company is currently awaiting approval of the pre-sale consent for the project, which will provide 648 apartments. Wheelock added that it will also launch by the end of the year the sale of flats in the fifth phase of Lohas Park in Tseung Kwan O. It will provide about 1,600 one-bedroom to four-bedroom flats. Along with phase 4A and 4B developed by Sun Hung Kai Properties, there will be more than 3,700 units from Lohas Park to be launched by this year.

Novi to put 98 units on sale this Sunday

Lai Sun Development will put 98 units from the two price lists of its Mong Kok new project Novi on sale this Sunday. Sources said it has received about 750 subscriptions. Meanwhile, AVA 61 launched the fifth price list comprising 15 units. The average discounted price is HK$21,530 per square foot, 6% higher than that of the first price list. Furthermore, Cheung Kong Property will put for sale on Saturday extra 48 flats at its Seanorama project in Ma On Shan. The latest batch of flats comprises three- to four-bedroom units, with the average price per square foot at HK$20,600.

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