{"id":3139,"date":"2016-10-14T10:05:34","date_gmt":"2016-10-14T02:05:34","guid":{"rendered":"http:\/\/www.spacious.hk\/en\/blog\/?p=3139"},"modified":"2019-09-02T10:56:42","modified_gmt":"2019-09-02T02:56:42","slug":"14-oct-2016-property-news-roundup-napa-first-batch-price-lowest-new-projects-reverse-mortgage-covers-subsidized-homes","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/14-oct-2016-property-news-roundup-napa-first-batch-price-lowest-new-projects-reverse-mortgage-covers-subsidized-homes","title":{"rendered":"14 Oct 2016: Property News Roundup: NAPA First Batch Price Lowest New Projects, Reverse Mortgage Covers Subsidized Homes"},"content":{"rendered":"<p><strong>NAPA First Batch Price&nbsp;Lowest New Projects<\/strong><br \/>\nWheelock Properties released the price list for the first batch of 92 units of its NAPA project in Tuen Mun. The average discounted price is HK$10,438 per square feet, which is 10-15% lower than new projects in the same district and also cheaper than those in Ma On Shan, Yuen Long and Sham Shui Po. The price of its 2-room unit is HK$4.75 million. 74% units of the first batch are 2-room units.<\/p>\n<p><strong>Alto Residences Received 1,600 Applications<\/strong><br \/>\nEmpire Group Holdings and Lai Sun Development launched the first batch of 131 units of their joint venture projects Alto Residences in Tseung Kwan O on Tuesday. Till 8PM last night, 1,600 applications have been received which is 11 times over the number of first batch units.<\/p>\n<p><strong>Reverse Mortgage Now Covers Subsidized Homes<\/strong><br \/>\nThe Hong Kong Mortgage Corporation said its reverse mortgage plan now covers government subsidized homes, including public houses and those with unpaid land premium. 400 thousands units and more than 1 million residents&nbsp;would be applicable to the plan.<\/p>\n<p><strong>Private Housing Rent Tops Since Last Year<\/strong><br \/>\nAccording to statistics from Centaline Property, the average rent of Hong Kong&#8217;s 107 big private residential estates of the third quarter is HK$32.3 per square feet, a 3.5% increased from the second quarter and making it the highest since the 4th quarter in 2015. Monthly rent of September raised 0.6% to HK$32.3, which also topped since November 2015.<\/p>\n<p>For more information on property news and prices, please visit our website at&nbsp;<a href=\"https:\/\/www.spacious.hk\/zh-tw\">https:\/\/www.spacious.hk\/<\/a>&nbsp;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NAPA First Batch Price&nbsp;Lowest New Projects Wheelock Properties released the price list for the first batch of 92 units of its NAPA project in Tuen Mun. The average discounted price is HK$10,438 per square feet, which is 10-15% lower than new projects in the same district and also cheaper than those in Ma On Shan, Yuen Long and Sham Shui [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3140,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[69,68,70,79,76,67],"class_list":["post-3139","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-headline","tag-hot-news","tag-hot-news-headline","tag-market-news","tag-news","tag-spacious-news"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/3139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=3139"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/3139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/3140"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=3139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=3139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=3139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}