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5/9 News Roundup: Novum West Launched Additional Flats with 3% Price Up, Ocean Pride to Announce Price List Next Week

Hong Kong Property | May 9, 2017

Novum West Launched Additional Flats with 3% Price Up

The Sai Ying Pun project – Novum West of the Henderson Land has a huge geographical advantage and is thus very popular in the market. The company launched 65 additional flats after its first pricing. The newly added flats are mainly studio flats with an average price per square foot of $29,496. There is a 5 % discount at maximum, which means the average price per square foot is around $28,021. Such price is 7% higher than the first price list. Thomas Lam Tak-man, general manager of the company said that the additional flats are priced up 3% because of factors such as their view and floor. The project’s sales arrangements, together with the two price lists, were also updated. The first batch of flats will then include 128 flats in total and will be available for sales next Tuesday night.

Ocean Pride to Announce Price List Next Week

Cheung Kong Property said it plans to upload sales brochures this week, launch the first price list and display the show flats next week for its Tsuen Wan West project Ocean Pride. The project will be available for sales within this month.The first phase of the project will be priced according to the market price, with reference to other projects in the same district as well as along the West Rail Line. The company considers prioritising multiple-units buyers. The project’s show flats are currently displayed in Hung Hom attracting around 10,000 people’s visits. In view of the number of visit, it is estimated that the project will attract a wide range of customers and investors. It is also said that Mainland buyers are also targeted. The company will approach around 5,000 Mainland agents this week end and introduce the project to them. It is expected that 5-10% of customers will be from Mainland.

Victoria Skye to Upload Sales Brochures Tomorrow

K&K Property investment manager, Tony Cheng, said that the company will upload the sales brochures of the Victoria Skye at Kai Tak by tomorrow. It is possible that five show flats will be made available in this week. The first price list will be announced after displaying the show flats. It is estimated that all types of flats will be included. There are 152 units of 635 to 886 square foot three-bedroom homes, accounting for about 20 percent of the total units.

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