As of the 21st, a total of 207 units have been sold at the residential project “El Futuro” in the upscale neighborhood of Shatin Mid-levels owned by Cheung Kong Holdings (01113), with approximately 3.2 billion Hong Kong dollars cashed out. Since May, 13 units have been sold, and the developer has announced the launch of 11 three-bedroom units to meet market demand. Nine of these units will be available for sale on the 25th through a price list, while the remaining 2 units will be sold through a bidding process on the 27th.
The 11 units all consist of spacious three bedrooms with a study room (with attached bathroom), distributed on different floors of Block B in the second building. Among them, 9 units will be available for purchase through a price list starting on May 25, while the other 2 units, located on the 19th and 20th floors of Block B in the second building, will be sold through a bidding process starting on May 27. The entry unit is on the 2nd floor of Block B in the second building, with a practical area of 1,053 square feet. After deducting the highest discount, the actual selling price is 14.98 million Hong Kong dollars, at a rate of 14,243 dollars per square foot.
Zhan Xunrong, the business manager of Cheung Kong Group, stated that “El Futuro” has recently sold several 4-bedroom units with sea views located in Block 2. Therefore, today they are introducing 11 sea-facing units located in Block 2. All the units have a practical area of over a thousand square feet, making them rare three-bedroom units with sea views in the market. The living rooms are facing southeast, with mountain views and sea views. The living room terrace and master bedroom offer panoramic views of the Shatin Sea and the Shatin Racecourse.
The developer is offering several incentives to three-bedroom buyers, including offers to live in luxury homes on the mountainside, limited-time discounts for high-end sea-view three-bedroom units, high-end offers, “tax assistance” incentives, “choose to rent before purchase of parking spaces” incentives, and a gift of a “high-end home furniture voucher” worth 380,000 Hong Kong dollars. Buyers who choose the “high-end talent DiDi Gold” payment plan can enjoy an additional 3.75% discount and a special extended transaction period.