{"id":4877,"date":"2017-08-17T12:02:37","date_gmt":"2017-08-17T04:02:37","guid":{"rendered":"https:\/\/www.spacious.hk\/en\/blog\/?p=4877"},"modified":"2019-10-30T11:06:26","modified_gmt":"2019-10-30T03:06:26","slug":"178-news-roundup-parc-city-prices-20-lower-ocean-supreme-ocean-supreme-roll-80-units-saturday","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/178-news-roundup-parc-city-prices-20-lower-ocean-supreme-ocean-supreme-roll-80-units-saturday","title":{"rendered":"17\/8 News Roundup: Parc City prices 20% lower than Ocean Supreme, Ocean Supreme to roll out 80 units this Saturday"},"content":{"rendered":"<h3 class=\"p1\"><strong><span class=\"s1\">Spacious&#8217; View:<br \/>\n<\/span><span class=\"s1\">Parc City vs Ocean Supreme: Developers are going head to head in Tsuen Wan, signaling good news for HK home buyers.<\/span><\/strong><\/h3>\n<p>&nbsp;<\/p>\n<p><strong>Parc City prices 20% lower than Ocean Supreme<\/strong><\/p>\n<p>Two of Hong Kong\u2019s major developers appear to be locked in a local price war, with Chinachem Group offering a residential project in <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/tsuen-wan\">Tsuen Wan<\/a> on Wednesday at prices as much as 20% lower than those at Cheung Kong Property\u2019s latest development in the same area. Chinachem released the price list for the first 191 units at its \u201c<a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/tsuen-wan\/parc-city-built-2018\">Parc City<\/a>\u201d, adjacent to West Rail\u2019s Tsuen Wan West station, at an average price of HK$14,449 (US$1,847) per square foot after factoring in up to 20% discount on Wednesday.<\/p>\n<p><strong>Ocean Supreme to roll out 80 units this Saturday<\/strong><\/p>\n<p>CK Property released 207 units, mostly on higher floors, at its \u201c<a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/tsuen-wan\/ocean-supreme\">Ocean Supreme<\/a>\u201d at an average discounted of HK$18,097 per square foot, on the same day. The developer will put 80 units on sale this Saturday, including 48 two-room units, 12 three-room units, and 20 four-room units.<\/p>\n<p><strong>New World won Cheung Sha Wan commercial site for HK$2.96b<\/strong><\/p>\n<p>A unit of New World Development Company has secured a Kowloon business site in <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/cheung-sha-wan\">Cheung Sha Wan<\/a> for HK$2.96 billion, the Lands Department announced. The site offers an area of about 2,873 square meters and is designated for non-residential purposes. The minimum gross floor area and the maximum gross floor area are 20,686 square meters and 34,476 square meters respectively. Meanwhile, a residential site for low-density luxury project at Cheung Sha, on <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/south-lantau\">Lantau Island<\/a>, has been awarded to Golden United Development for HK$210 million, said the Lands Department. The price translates into HK$19,667 per square foot, and the site attracted eight bidders. It is expected to yield a total floor area of 10,678 square feet.<\/p>\n<p>For more information on property news and prices, please visit our website at <a href=\"https:\/\/www.spacious.hk\/\">https:\/\/www.spacious.hk\/<\/a> or follow our <a href=\"https:\/\/www.linkedin.com\/company-beta\/3314349?pathWildcard=3314349\" rel=\"noopener\">LinkedIn Page<\/a>.<script src=\"\/\/platform.linkedin.com\/in.js\" type=\"text\/javascript\"> lang: en_US<\/script><br \/>\n<script data-counter=\"right\" data-id=\"3314349\" type=\"IN\/FollowCompany\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spacious&#8217; View: Parc City vs Ocean Supreme: Developers are going head to head in Tsuen Wan, signaling good news for HK home buyers. &nbsp; Parc City prices 20% lower than Ocean Supreme Two of Hong Kong\u2019s major developers appear to be locked in a local price war, with Chinachem Group offering a residential project in Tsuen Wan on Wednesday at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[68,128,67],"class_list":["post-4877","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-hot-news","tag-new-development","tag-spacious-news"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4877","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=4877"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/4878"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=4877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=4877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=4877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}