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5/11 News Roundup: New World Acquired Commercial Site in Cheung Sha Wan for HK$4.03 billion, Victoria Skye Expected to be Lower Than Market Price

New World Acquired Commercial Site in Cheung Sha Wan for HK$4.03 billion New World Development (0017) acquired a commercial site in Cheung Sha Wan for HK$4.03 billion after acquiring two other sites earlier in Kowloon, beating other major developers which also tendered for the property. Its acquisition price represents HK$7,478 per square foot based on a buildable area of 593,000 […]

May 11, 2017

5/10 News Roundup: Parc Inverness launched 10 units for tender, Novum West 15 times over-subscribed

Parc Inverness launched 10 units for tender Chinachem Group announced yesterday of its tender offer for 10 flats at its Parc Inverness project in Kowloon Tong. The tender period starts from Saturday until next Tuesday. Units are scattered in Phase 1, 2 and 5 and are all located on 10/F. Buyers are expected to buy 10 units in bulk instead of […]

May 10, 2017

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

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 […]

May 9, 2017

5/8 News Roundup: Novum West Received over 1,100 Subscriptions, Ocean Pride to Announce Sales Arrangements this Week

Novum West Received over 1,100 Subscriptions About 15,000 people have visited the show flats of Novum West – the new project in Sai Ying Pun by Henderson Land – over the past weekend. Thomas Lam Tak-man, general manager of the company said it has received over 1,100 subscriptions, which is 16 times over-subscribed for the first batch of 63 units. […]

May 8, 2017

5/5 News Roundup: Ocean Pride to Announce Price Next Week, Novum West 'Entry Fee' Might be Less Than HK$5m

Ocean Pride to Announce Price Next Week Cheung Kong Property will release the price list for the first 200 flats at its Ocean Pride project in Tsuen Wan next week. The five-tower project will provide one-bedroom units of 370 to 393 saleable square feet, two bedrooms of 496 to 519 square feet, three bedrooms of 734 to 799 square feet, and […]

May 5, 2017

5/4 News Roundup: Eight Regency to Launch Another 38 Units, The Zumurud to Sell 19 Units this Saturday

Eight Regency to Launch Another 38 Units Sun Hung Kai Properties reportedly sold 37 out of 38 units in yesterday’s third round of sales at its Eight Regency project in Tuen Mun, at an average price per saleable square foot of HK$13,823, up 8.4% from HK$12,748 in its first batch. SHKP has uploaded the price list of another 38 units and […]

May 4, 2017

5/2 News Roundup: 53 More Border Flats Available for Sale, Eight Regency to Put 38 Flats on Sale Tomorrow

53 More Border Flats Available for Sale Far East Consortium International yesterday offered for sale an additional 53 flats at its Marin Point project in Sha Tau Kok. The units, which measure from 277 to 578 square feet, cost from HK$2.85 million to HK$6.77 million, or HK$10,170 to HK$12,592 per square foot – same price as the previous batch of 57 […]

May 2, 2017

Rent or Own? Spacious' New Tools Give You The Answer

Spacious’ Tipping Point Analysis Featured by CNBC and SCMP Spacious‘ mission is to give property searchers the best tools and data to save them time and money during their property search. Many searchers have been asking if they should Own or Rent their next place to live. To help answer this question, Spacious has launched the Tipping Point analysis and map overlay. Given the upfront costs associated […]

April 28, 2017

4/28 News Roundup: Ocean Pride to be On Sale in May, Kai Tak's Victoria Skye to Upload Sales Brochure Next Month

Ocean Pride to be On Sale in May A pre-sale consent has been issued for Cheung Kong’s Tsuen Wan West project, Ocean Pride. It will provide a total of 960 flats. Sizes range from 370 to 393 sq-ft one-bedroom homes, 497 to 519 sq-ft two-bedroom, 734 to 799 sq-ft three- bedroom flats, and 1,133 to 1,149 sq-ft four-bedroom homes. Nearly 46 […]

April 28, 2017

4/27 News Roundup: Sha Tau Kok Two-room Unit Asks for HK$10.56m, Eight Regency Launched Another 38 Units

Sha Tau Kok Two-room Unit Asks for HK$10.56m A 593-square-foot flat with a rooftop deck near the border at Sha Tau Kok has been put on the market with a hefty price tag of HK$10.56 million, while the smallest studio unit also cost HK$2.57 million after discount. Far East Consortium International yesterday released the first price list for its Marin […]

April 27, 2017

4/26 News Roundup: Sha Tau Kok New Project to Launch Price List Today, Tenders Invited for Tai Kok Tsui URA Project

Sha Tau Kok New Project to Launch Price List Today A pre-sale consent has been issued in respect of the 261-flat Marin Point in Sha Tau Kok. Far East Consortium will issue a price list today, and show flats are open. It has been 13 years since a new project residential project was launched in Sha Tau Kok, which sits against […]

April 26, 2017

4/25 News Roundup: Kam Sheung Road MTR Site Receives 35 Bids, Mongkok HOS Flat Made Price Record at HK$8.818m

Kam Sheung Road MTR Site Receives 35 Bids 35 expressions of interest were received for the MTR Corp Ltd’s development site at Kam Sheung Road Station, the largest number for a West Rail Line project. Local bidders include Wheelock and Co, New World Development, and Wang On Group, along with some mainland developers including China Vanke Co and China Resources […]

April 25, 2017

4/24 News Roundup: Parc Inverness To Launch Sale Soonest on Saturday, Eight Regency Received Another 2,000 Subscriptions

Parc Inverness To Launch Sale Soonest on Saturday About 5,000 prospective homebuyers have visited Chinachem Group’s show flat for its Parc Inverness project in Kowloon Tong, reflecting keen interest in the new development. It came as the developer issued the first price list for the initial 50 flats. Prices for the flats, from 813 to 1,979 square feet, range from […]

April 24, 2017

4/21 News Roundup: Eight Regency First Batch of 118 Flats Sold Out, Henderson to Launch Two Hong Kong Island Projects

Eight Regency First Batch of 118 Flats Sold Out Eight Regency by Sun Hung Kai Properties attracted more than 2,500 prospective buyers when the first batch of 118 units at this Tuen Mun project went on sale at 7pm on Thursday. Market sources said all 118 flats had been sold as of 10:30pm. Eight Regency is the third project put up […]

April 21, 2017

4/20 News Roundup: Eight Regency Received 2,500 Subscriptions, Chinachem Launches its Kowloon Tong Luxury Project

Eight Regency Received 2,500 Subscriptions Sun Hung Kai Properties received 2,500 subscriptions for 118 units at Eight Regency in Tuen Mun. 74 of the flats up for sale this week are one-bedroom units, while the other 44 are two-bedroom apartments, with salable areas ranging from 328 to 497 square feet and average asking prices of HK$12,844 per salable square feet. […]

April 20, 2017

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