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2/9 News Roundup: Choi Hung HOS Flats Prices From HK$2.48m, 30% Stamp Duty Rebate For Crescendo Buyers

Hong Kong Property | February 9, 2017

Choi Hung HOS Flats Prices From HK$2.48m
The Housing Authority announced prices of the three new House Ownership Scheme (HOS) projects in Choi Hung and Mui Wo. Choi Hing Court in Choi Hung will be offering 1,358 flats, sizing from 368 to 468 square feet and pricing from HK$2.48 to HK$3.85 million. Meanwhile, the two projects in Mui Wo, on Ngan Kwong Wan Road East and Ngan Kwong Wan Road West, are offering 529 and 170 units respectively. The former are priced from HK$1.46 to HK$2.55 million, while the latter are priced from HK$1.39 to HK$2.44 million.

30% Stamp Duty Rebate For Crescendo Buyers
Cheung Kong Property has offered a stamp duty discount of 30% of the listed price to buyers of eight houses from its Crescendo project in Ngau Tam Mei, making it the first company providing such an offer in the city. Cheung Kong Property offered the first price list for 30 houses at Crescendo yesterday. The houses, between 1,476 and 1,950 sellable square feet, are priced from HK$22.09 million to HK$37.64 million. That means a sellable square foot range from HK$14,964 to HK$20,314, with Cheung Kong offering four payment methods. First time buyers purchasing 8 designated houses could enjoy a 25.5% reduction in home price and 4.5% cash rebate.

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