Wednesday, September 22, 2021
Martin Hennecke

La Marina on track for third race for homes
<p>La Marina atop Wong Chuk Hang station will launch a third round of sales on Saturday, including all 133 units on its fifth price list plus two relaunched units that were canceled before.</p><p>The discounted average per-sq-ft price of units on the list is HK$36,590, with the flats ranging from one- to four-bedroom units.</p><p>That came as Wetland Seasons Bay in Tin Shui Wai saw three buyers forfeit deposits in the third round of sales, totaling as much as HK$459,065.</p><p>Henderson Land Development (0012) revealed its second price list for The Holborn in Quarry Bay, offering 68 flats with a minimum investment of HK5.8 million after discounts.</p><p>The list includes 43 one-bedroom and 25 studio units, with sellable areas of 220 to 260 sq ft.</p><p>The project has received over 600 checks for the 88 units in the first price list, which is equivalent to an oversubscription of 5.8 times.</p><p>A general sales manager, Mark Hahn Ka-fai, said the sales arrangement will be announced as soon as today and the project is expected to open sales this&nbsp;Sunday.</p><p>Henderson&#39;s other project The Henley III in Kai Tak is 13 times oversubscribed, receiving 1,136 checks for 81 units in its latest batch, said Thomas Lam Tat-man, the other general sales manager.</p><p>The sales arrangement will be announced shortly, and sales are expected to be around the Mid-Autumn Festival, Lam added.</p><p>This came as it acquired the last Man On Street addresses for HK$270 million in a public auction yesterday.</p><p>The total site area is about 3,206 square feet and the buildings are about 63 years old.</p>
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