5/9 News Roundup: First-hand home sale boosting flat transactions in August
Spacious’ View: The increase of first-hand home sale in August is boosting last month’s flat transactions in the city. August flat transactions rise 12.3% The number of sales and purchase agreements for all building units received for registration in August was 6,130, representing a month-on-month increase of 12.3% but a year-on-year decline of 17.5%, statistics released yesterday by the Land Registry …
30/8 News Roundup: First-hand ‘war’ is expected in Tuen Mun in September
Spacious’ View: First-hand ‘war’ is expected in Tuen Mun in the coming month, with two new projects launching in the district. COO Residence to sell the cheapest unit in HK$2.88m Couture Homes Properties, a subsidiary of CSI Properties said its COO Residence project in Tuen Mun is priced at about HK$15,000 per saleable square foot, and the cheapest unit costs HK$2.88 …
29/8 News Roundup: Supply in the first-hand market is sufficient, with several new projects launching in September
Spacious’ View: Supply in the first-hand market is sufficient, with several new projects launching in September. Parc City receiving 7,000 subscriptions for last 432 units The most signed-up new project since 1997 – Parc City in Tsuen Wan rolled out the last batch of units yesterday. Chinachem launched the sixth price list of the project comprising 100 units, with a …
28/8 News Roundup: New projects receiving overwhelming subscriptions, while only single-digit deals recorded in second home market
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 …
24/8 News Roundup: Parc City becomes the most popular new project since 1997.
Spacious’ View: The lower-than-expectation price of Parc City makes it the most popular new project since 1997. Parc City received record-breaking subscriptions Chinachem’s latest residential project, Parc City in Tsuen Wan West, reportedly received 22,500 subscriptions for 521 flats on its third price list, sources say. This project is said to have received the most subscriptions since 1997 for project …
21/8 News Roundup: Parc City’s launch with relatively low price draws buying force from the second-hand market
Spacious’ View: Launching of new projects with relatively low price is drawing buying force from the second-hand market. Parc City to start sale this Friday Chinachem has launched yesterday another 128 units with an average price of HK$15,187 per square foot, and said it would start sales of 521 units at Parc City on Friday after more than 13,000 prospective buyers …
18/8 News Roundup: Oasis Kai Tak, Ocean Supreme, Parc City & Park Reach releasing new supply over next few months
Spacious’ View: Oasis Kai Tak, Ocean Supreme, Parc City & Park Reach releasing new supply into the market over next few months should help to stabilize prices. Wheelock named Kai Tak project ‘Oasis Kai Tak’ Wheelock Properties named its new project in the city’s former airport site ‘Oasis Kai Tak‘, and said it would be released once it obtains the …
