ABOUT 10,000 people have flocked to Wheelock Properties' sales office in Central and its show flats in Sha Tin, attracted by the developer's luxury accommodation offering at Parc Royale. Wheelock will put 60 flats on sale on October 22 at $3,888 per square foot. The flats range from 991 to 1,203 sq ft. Buyers will have to pay an initial deposit of $388,800. Harriman Realty, which is marketing the flats, will register potential buyers from October 17 to 19. Wheelock managing director Ray Tse Chee-on said the company was delighted by yesterday's turnout. 'We are extremely pleased with the overwhelming initial response to the first day of public viewing of Parc Royale,' Mr Tse said. Property analysts were slightly surprised by the $3,888 price tag. They had expected the developer to charge about $4,000 to $4,100 per sq ft for the luxury flats. Parc Royale is a joint venture between Wheelock, Sino Group and China Overseas Land & Investment in Sha Tin. There are 11 towers of flats. Mr Tse said the sale would generate $3.3 billion if all the units were sold. Mr Tse said he expected the project to attract buyers because of the underlying demand for medium to large flats as lifestyles in the territory improved. Wheelock has said that buyers could secure a 20 per cent top-up mortgage. Under the scheme, buyers have 25 years to pay back the loan, with repayment beginning after three years. Eight banks will offer the standard 70 per cent mortgages with a discount of 0.5 percentage point in the interest rates.