31 units were sold in primary market during weekend
A total of 31 new homes were sold during weekend, down 180 transactions or 85.3% w-o-w (Past weekend: 211 transactions). Among which, Unit F, 32/F, Tower 2, Fleur Pavilia in North Point, with a saleable area of 1,033 sq ft, has been sold at HKD 42.946 million or HKD 41,574 per sq ft.
Ten major estates recorded 20 transactions over the weekend
According to market news, 20 transactions were recorded in the ten major estates over the weekend, up 42.9% w-o-w (Past weekend: 14 transactions). It has been increased for two consecutive weeks, reaching a 14-week high.
Mont Rouge transacted at HKD 83.251 m
Unit B, 5/F, Tower 2, Mont Rouge, Kowloon Tong, with a saleable area of 1,699 sq ft, together with a parking space, has been transacted through tender at HKD 83.251 million or HKD 49,000 per sq ft. A total of nine units were sold, cashing in HKD 2 billion.
Imperial Cullinan rented at HKD 55,000 per month
Unit C, mid-floor, Tower 1, Imperial Cullinan, Olympic Station, with a saleable area of 1,269 sq ft, has been leased out at HKD 55,000 per month or HKD 43.3 per sq ft. The new rent is 13% lower than the market price, and returned back to the level two years ago.
(Sources: Vigers Research and market news)