Henderson Land Development has appointed five property agents to sell 700 flats in two developments in Fanling and Tseung Kwan O, although the initial response from buyers has been slow. By 6 pm yesterday, only one 1,272 square foot unit sold for $4.83 million, or $3,790 per square foot, agents said. The agents have been appointed to sell 350 units in blocks 9, 10, 11 and 12 at Dawning Views in Fanling and 350 units in blocks 3 and 6 at La Cite Noble, Tseung Kwan O. The average price of units at Dawning Views is $3,490 per sq ft, compared with $4,300 per sq ft at La Cite Noble. Henderson Land said it planned to release units on the upper floors of the two projects for pre-sale soon. The number of units and prices have yet to be finalised. Agents estimated about 470 of the 2,016-unit Dawning Views project were unsold and about 1,240 remained for sale at the 2,140-unit La Cite Noble. One of the appointed agents, Centaline Property Agency's Fanling and Sheung Shui sales manager Angus Hui, said the weak response was mainly because the developer had stopped offering incentives to flat buyers and there was no big discount. He also said interest was usually slim during weekdays and expected the response to improve on the weekend. Henderson Land is still offering a second mortgage of up to 20 per cent on top of a bank's 70 per cent and flat buyers can also access a fixed rate mortgage at 10 per cent per annum, as well as having legal fees waived. However, buyers going via an agent will not get a decoration coupon worth up to $80,000 or have stamp duty waived, as has been offered by Henderson in direct public sales. Ricacorp Properties' Tseung Kwan O branch sales manager Danny Ho Tze-yin said the small reduction on the previous selling price for La Cite Noble flats might affect buying interest. Developers would pay a commission fee to agents in order to boost the sale of the remaining units at a better price, he said.