Local developers are rolling out offers to attract home buyers, including discounts of up to 14 percent for flats at Chinachem's In One in Ho Man Tin.
For the new project atop Ho Man Tin MTR Station, Chinachem said it will revise the price lists to offer home buyers discounts of as much as 14 percent with a new payment scheme.
Jointly developed by Chinachem and MTR Corporation (0066), In One still has 81 units for sale, with the cheapest unit of HK$7.99 million in this batch.
The project has sold 429 flats, or 80 percent of total units, cashing in HK$7.3 billion. The average price per square foot for the sold apartments is HK$28,300.
For the coming Mid-Autumn festival and national holiday, Chinachem plans to offer coupons at MTR malls to those who buy units at In One from September 16 to October 8. The highest award is HK$38,000 worth of coupons for the three-bedroom unit buyers.
Meanwhile, Chinachem said it will upload the prospectus of the redecorated project Victoria Coast in Pok Fu Lam as early as this week, to offer 118 units by tender.
CK Asset (1113) plans to hand out Mid-Autumn festival shopping coupons to new buyers at The Coast Line in Yau Tong.
Following successful contract signing, buyers will be awarded HK$88,000 worth of Fortress gift coupons, which will be applicable to home appliances, health and beauty products.
Furthermore, CKA will distribute a box of mooncakes to the viewers who visit the show flats in Tsim Sha Tsui for festival blessings.
On the other side, the primary market will see more new homes. Mori in Tuen Mun aims to release the first price list soon and will put at least 139 flats for sale in the first batch.
Co-developed by Road King Infrastructure (1098) and Shenzhen Investment (0604), Mori will provide 693 units in total, with sizes ranging from 291 to 3,419 square feet, according to the prospectus.
In other news, the Elegant Court on 333 Tai Hang Road is put for an en-bloc sale, with a market valuation of HK$550 million, according to the appointed agent JJL.
A luxury house Casa Bella in Kowloon Tong has been put up for sale by tender, with a market valuation of HK$150 million, or HK$24,000 per sq ft, the appointed agent Cushman & Wakefield said.
Elsewhere in Wan Chai, the old building in Sau Wa Fong was approved by the Lands Tribunal to enter a compulsory auction, with a reserve price of HK$136 million.
In One still has 81 flats for sale. Sing Tao
