Spacious
1,000+ Reviews
Install

28/8 News Roundup: New projects receiving overwhelming subscriptions, while only single-digit deals recorded in second home market

Hong Kong Property | August 28, 2017

Spacious’ View:
New projects are receiving overwhelming subscriptions, while only single-digit deals were recorded in the second home market.

Parc City received another 1,700 subscriptions

After selling all the 521 units launched last Friday, Chinachem has rolled out another two price lists comprising 332 units from its Tsuen Wan new project – Parc City. Sources said the company has received about 1,700 subscriptions for the new batch of units. Meanwhile, about 110 people signed up for The Amused in Cheung Sha Wan. Emperor International and Urban Renewal Authority (URA) would announce the sales arrangement of the 68 units from the project soon.

6 second home deals recorded over weekend

In the secondary home market, Midland Realty recorded only 2 deals during the weekend, which were at Taikoo Shing and Kingswood Villa in Tin Shui Wai. Centaline said it noted only 6 deals during the weekend in the 10 major estates it monitors. The transactions were at Taikoo Shing, Kingswood Villa, South Horizons in Ap Lei Chau, Mei Foo Sun Chuen in Lai Chi Kwok, City One Sha Tin and Caribbean Coast in Tung Chung.

 

For more information on property news and prices, please visit our website at https://www.spacious.hk/ or follow our LinkedIn Page.

Recommended Articles

12/16 News Roundup: Property Shares Plunged After US Fed's Rate Hike, November's Stamp Duty Cases Surged

Hong Kong Property | December 16, 2016

Mainland Buyer Paid 40% Tax For Sheung Shui Luxury Home, Chinese Buyers Snapped Up 8 Units From Mantin Heights

Hong Kong Property | November 29, 2016

18 Oct 2016: Property News Roundup: Tai Koo Shing 2-room Unit Price Soars Over HK$10m, CCL Expected To Reach 150 This Year

Hong Kong Property | October 18, 2016

Subscribe to Our Blog

Stay up to date with the latest property news and insights.

Exit mobile version