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1/9 News Roundup: One Kai Tak (II) Received 1,500 Subscriptions, Grand YOHO First Batch On Sale this Thursday

Hong Kong Property | January 9, 2017

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One Kai Tak (II) Received 1,500 Subscriptions
China Overseas has received around 1,500 subscriptions for 125 flats from the second phase of One Kai Tak which were launched last Thursday. China Overseas Property managing director Tony Yau Wai-kwong said there are still room for prices to go up and that the company might launch more flats for sale tomorrow. The first batch of units will be on sale earliest this Saturday.

Grand YOHO First Batch On Sale this Thursday
Sun Hung Kai Properties uploaded a new sales arrangement yesterday night for Grand YOHO second phase’s first batch of 66 flats, which will be on sale this Thursday. Meanwhile, the developer has reportedly received about 650 subscriptions for the 166 flats from the second phase of Grand YOHO. The flats were launched last Tuesday and the second phase has a total of 826 flats.

Second Home Deals Slumped over Weekend
With the focus of the home market moving to the primary market, home deals in the secondary market over the weekend slumped. Statistics from Midland Realty show that only 6 home deals were recorded in the 10 major housing estates it tracks during the weekend, down from nine deals in the previous week. 6 out of the 10 major housing estates recorded zero transactions.

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