SHKP offers up to 20pc discount for new homes
Sun Hung Kai Properties has priced the first batch of flats at its upmarket residential development Century Gateway II, at West Rail's Tuen Mun Station, at up to 20 per cent below those in the first phase launched in September last year.
Sun Hung Kai Properties has priced the first batch of flats at its upmarket residential development Century Gateway II, at West Rail's Tuen Mun Station, at up to 20 per cent below those in the first phase launched in September last year.
Despite the recent sales momentum in the market for new homes, SHKP yesterday announced the price list for 203 units at an average of HK$9,718 per square foot.
The going rate for phase one flats is HK$11,000 to HK$12,000 per square foot.
"It will draw interest from both end-users and investors," said Sammy Po, a director at Midland Realty.
Century Gateway II, which has 911 units, is the fourth development to be launched by SHKP since October. The others were the Cullinan at Kowloon Station, Imperial Kennedy in Western and Shouson Peak in Deep Water Bay.
SHKP will offer a 7.5 per cent discount to Century Gateway II buyers until January 30, plus an additional 4 per cent cut if the transaction is completed within 100 days.