A second price list with 130 flats has been released for One Phase 1C in Ho Man Tin by co-developers Chinachem and MTR Corp (0066).
With flats on the first price list that means 210 homes go on sale on Sunday.
The cheapest flat on the list is Unit B, a two-bedroom flat on the second floor of Tower 5B. It has an area of 461 square feet and is being offered at a discount price of HK$26,431 per square foot.
The first batch of 210 units includes 142 two-bedroom units and 68 three-bedroom units, selling at an average discounted price of HK$28,036 per sq ft. At the current pricing their market value is about HK$4.18 billion.
Four thousand checks have been received, indicating an oversubscription of 18 times.
Meanwhile, Wheelock Properties' Koko Mare in Lam Tin will launch a first batch of 138 homes on Saturday at an average discounted price of HK$18,386 per sq ft. Nearly 1,800 checks had been received by yesterday, indicating a 12 times oversubscription.
In the luxury market, Kerry Properties's (0683) Mont Rouge sold its last home - a 1,683-sq-ft three-bedroom unit -for HK$67.8 million yesterday.
And an old building in Ap Lei Chau was won yesterday by Lofter Group in partnership with SC Capital Partners, a Singapore real estate private equity firm, at a reserve price of HK$157 million via a compulsory auction.
