Wan Chai units offer next week

THE selling price for China Overseas Land and Investment's residential and commercial development in Wan Chai has been set at an average of $4,892 per square foot.

The company said it would hold the pre-sale of 32 units of the Yanville on Tuesday on a first-come, first-served basis.

The units will be on the sixth, eighth, 11th, 15th, 17th, 19th, 21st and 23rd floors, with prices ranging from $1.8 million to $2.49 million.

Purchases made by lump-sum payment would be given a 4 per cent discount resulting in an average price of $4,696 a sq ft.

The Yanville will be ready for occupation in the fourth quarter of this year.