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Old May 2nd, 2009, 08:27 AM   #1
hkskyline
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HONG KONG | Shatin and Ma On Shan District Developments

Introduction



Sha Tin is a well developed new town comprising mainly residential areas. About 65% of the population live in public housing which includes rental estates, Tenants Purchase Scheme and Home Ownership Scheme courts. There are also about 29,000 people living in some 48 indigenous villages. In addition, there are four industrial areas for light industries in Sha Tin including Tai Wai, Fo Tan, Siu Lek Yuen and Shek Mun.

Projects

嵐岸


Lake W



信和 Lake W 中文命名銀鋒•湖泊
8 April 2008

【明報專訊】正當信和(0083)開始軟銷沙田火炭御龍山之際,地政總署資料顯示,該集團於馬鞍山烏溪沙站上蓋的Lake W,已命名為「銀鋒•湖泊」,涉及2274伙,預計於御龍山推出後,約於今年較後時間才推售。

地政總署資料同時顯示,今年首季僅批出已售罄的長實(0001)將軍澳日出康城1期首都,以及計劃下月推出的泛海(0129)香港仔南灣御園(即前夏巴車廠重建項目),共涉及2276伙。

此外,華置(0127)的旺角新填地街單幢樓項目「MOD535」,華置銷售經理任建華稱,項目已獲批滿意紙,項目隨時可開售,涉及85伙。據悉,該盤昨天已安排部分代理參觀位於尖沙嘴新港中心的示範單位。

投資客擬5000萬掃皇御居10伙

另外,百樂集團附屬公司佳亨投資的沙田皇御居,市場消息指,有投資者計劃大手連租約掃入10伙,涉及金額約5000萬元,呎價約5400元,但由於未達發展商的意向呎價7000元水平,暫未落實成交。
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Old May 30th, 2009, 06:01 PM   #2
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TV Commercial for Lake Silver
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Old May 31st, 2009, 06:57 AM   #3
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The Chinese name is so.... odd. I think they're taking the obscure cool factor too far...
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Old June 3rd, 2009, 07:38 AM   #4
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Henderson slams `expensive' premium for Wu Kai Sha project
Hong Kong Standard
Wednesday, June 03, 2009

Henderson Land Development (0012) will appeal against the government's land premium for its massive Lok Wo Sha residential project in Wu Kai Sha.

Chairman Lee Shau-kee said the land premium was too expensive, above HK$2,000 per square foot, local media reported. "Of course [the premium] is not acceptable," Lee said. "[We] only buy when it's reasonable."

Surveyors estimate the land premium for the project to be higher than HK$7 billion, and possibly as high as HK$10 billion, meaning a price of up to HK$3,400 psf.

The Lok Wo Sha project, developed with New World Development (0017), has a gross floor area of nearly three million square feet.

It could contain more than 3,000 units among some 21 towers. Lee had said that a land premium of less than HK$2,000 psf in Wu Kai Sha was reasonable.
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Old June 6th, 2009, 09:54 AM   #5
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Lake Silver buyers see river of gold
1 June 2009
Hong Kong Standard

Property investors are hoping to reap huge profits by selling flats at Lake Silver for 20 percent more than what they paid just a few days ago.

And Sino Land (0083), which developed the residential project in Wu Kai Shai together with MTR Corp (0066), says it is poised to raise unit prices tomorrow.

Sino said yesterday it sold more than 1,600 units at Lake Silver since Wednesday for an average of about HK$5,500 per square foot.

Salenda Lau, a general manager of sales and marketing at Sino Group, said the company will be raising prices by 2-5 percent.

A block six apartment measuring 2,416 square feet was sold for HK$8,600 psf, Lau noted.

Midland Realty district sales director Ringo Leung estimates more that than 100 Lake Silver homes will be available on the secondary residential market this week, with asking prices 15-20 percent higher than the average HK$4,842 psf for the first batch.

Centaline Property Agency director for New Territories Chris Wong Ho- chung said buyers of about 35 apartments are hoping to sell them for between eight and 10 percent more.

In the near term, ``as a bubble mentality has resurfaced in the Hong Kong property market,'' Citi believes strong liquidity and momentum will spur prices beyond the means of the average household.

As Citi sees the situation, prices are likely to shoot up to levels seen during March 2008. That would represent a 15 percent hike from current levels.

However, ``in our view, it will take a relatively long time for current weak economic fundamentals to realign with current property price levels (same as December 2007), or the March 2008 peak,'' Citi added.

There were around 88 deals in the 10 major housing estates over the weekend, up 41.9 percent from a week earlier. It was the highest level since January last year, according to Centaline.

``Sales of new projects have been satisfactory, and the stock market is picking up,'' said Louis Chan Wing-kit, managing director of Centaline's residential department. ``Buyers are more confident about the property market now,''
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Old June 12th, 2009, 10:57 AM   #6
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Estate agents told to come clean over surrounding developments
9 June 2009
South China Morning Post

The estate agents' watchdog has told agencies to caution their sales staff against making false statements to potential buyers of flats.

This follows accusations by a green group that agents selling property on a new estate had told customers their views would not be blocked by future developments.

Green Sense said six agents promoting Sino Land's Lake Silver in Ma On Shan failed to inform one of its members posing as a buyer that a high-density development would be built later and block the flats' sea views.

Instead, the agents told him there would be a low-density project that would not block the views. The green group also criticised Sino Land for tempting buyers with sales brochures that contained misleading artists' impressions of future neighbouring developments.

The Estate Agents Authority called upon six agencies to caution their sales agents.

Its acting CEO, Anthony Wong Wai-fung, said: "Sales agents must furnish accurate information and cannot make false statements.

"If they are not clear about some information on the flats, they should make an effort to verify it. If they simply do not know, they should clearly tell consumers they don't know."

He said the authority might launch an investigation if it suspected agents of making false statements.

Mr Wong also reminded consumers to complain to the authority if they suspected wrongdoing.

Shih Wing-ching, chairman of Centaline Holdings, said agents might not have all the information about a property's surroundings.

He agreed agents had a duty to check for customers. "But there is so much an agent has to say. It is not practical to ask them to tell customers everything at one short time when they first come into contact. If customers show more interest, agents will go into detail."

Roy Tam Hoi-pong, president of Green Sense, welcomed the authority's action, but maintained that developers were the "prime culprits".

"The government should regulate what developers put in the brochures," he said.
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Old June 24th, 2009, 10:42 AM   #7
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The pricey sea view that doesn't last for long
8 June 2009
South China Morning Post

You see the artist's impression of the new development offering lovely sea views and hand over a fat cheque to secure the flat. It could be money down the drain.

A green group warns that sales brochures often carry misleading images that tempt buyers into spending hundred of thousands of dollars extra for a view that will not last for long.

Green Sense says people are usually kept in the dark about how the area around an estate will be developed. Artists' impressions usually skip unfavourable details.

"Buyers will have their dreams shattered once they move in," said president Roy Tam Hoi-pong.

A recent brochure for Lake Silver - a Sino Land estate in Ma On Shan - shows graphics of flats enjoying sea views and a backdrop of hills. But the view on most floors could be blocked by another estate, Henderson Land's Lok Wo Sha development.

Mr Tam said once Henderson reached a deal with the government on land premium, it could build at least 21 residential buildings.

According to a master layout plan submitted by the developer to the Town Planning Board, they will be between 10 and 32 floors. As the Lake Silver will reach 38 to 46 floors, most of its seas views would be blocked.

A Lake Silver flat on the 29th floor costs HK$3.57 million if facing the sea; HK$3.2 million if not. Sino Land did not respond to an inquiry by the South China Morning Post yesterday.

On the same estate, blocks furthest from the sea were usually sold first, Mr Tam said. This meant the developer could claim they had a sea view, although buildings built later would block the views.

Green Sense has demanded that developers include photographs of the surroundings of estates in their sales brochures, and that development plans within 200 metres of the estate should be revealed to buyers.

Lawmaker Alan Leong Kah-kit suggested the government build a three-dimensional model for the whole of Hong Kong, following Shanghai's lead, as a guide to density for potential buyers.

A spokesman for the Transport and Housing Bureau said sales brochures should include an approved outline zoning plan. The brochure for Lake Silver included such a plan, indicating development at Lok Wo Sha.
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Old June 27th, 2009, 06:52 PM   #8
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Lake Silver
By bextra from skyscrapers.cn :















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Old June 27th, 2009, 08:50 PM   #9
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Quote:
Originally Posted by hkskyline View Post
Lake Silver
By bextra from skyscrapers.cn :

My parents live right behind this monster! The name is so deceiving lol.
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Old July 5th, 2009, 09:21 AM   #10
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Lake Silver by eddygo from dchome :

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Old July 5th, 2009, 11:35 AM   #11
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Weekend sales fall 80pc
10 June 2009
South China Morning Post

Home sales in Hong Kong's primary property market dropped more than 80 per cent at the weekend as the release by developers of newly launched projects slowed.

About 90 deals were done, according to agents' estimates - down from 560 sales recorded a week earlier - as Sino Land and MTR Corp slowed down the sales of Lake Silver after more than 80 per cent of the 2,169 units in the project were sold in about 10 days.

Still, Lake Silver continued to top the weekend sales chart, with 32 units, followed by 19 sales at Swire Properties' Island Lodge in North Point.

Hongkong Land, which has relaunched its project Sail at Victoria in Kennedy Town in response to the improving market sentiment and increasing transactions, secured buyers for 10 units at the weekend, and Emerald Green, a development by New World Development in Yuen Long, sold 13 units.

Sales in the secondary market have also slowed.

Data collated by estate agency Ricacorp Properties from 50 large housing estates shows that secondary transactions dropped 4.33 per cent to 442 from 462 a week earlier. But average home prices edged up 0.3 per cent, sustaining a six-week rise in prices.

According to the Centa-City Leading Index, which tracks prices in the secondary market, values have increased 15.34 per cent this year.

Agents forecast that sales in the primary and secondary markets will remain relatively slow in coming weeks, because the rapid rise in transactions over the last two weeks had absorbed a significant amount of pent-up demand.
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Old July 9th, 2009, 03:29 AM   #12
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Home sales surge to 17-month high on low interest rates
4 July 2009
SCMP

Property sales rose 20.5 per cent in June, a 17-month high as low interest rates continued to encourage buyers to enter the market.

The Land Registry recorded 15,747 sale and purchase agreements for residential units and commercial properties last month, up from 13,067 in May.

Sales rose 32.6 per cent, compared with a year earlier.

The total sales volume rose 32.2 per cent to HK$58.2 billion in June, compared with May.

About 88 per cent of the total transactions were residential units. Home sales rose 17.1 per cent to 13,805 in June, while home sales value surged 26.1 per cent to HK$49.7 billion.

However, the sales value was 1.4 per cent lower than the amount for June last year, the Land Registry statistics showed.

Wong Leung-shing, an associate director of research at Centaline Property Agency, said that property sales hit a high since January last year due to the low interest and mortgage rates.

Transactions in the primary market were more active in the past two months as new projects such as Sino Land's Lake Silver in Wu Kai Sha were launched in May and recorded strong sales.

According to Sino Land, Lake Silver sold 1,786 units last month, with sales volume reaching HK$8.71 billion.

Property sales have continued to increase since February.

However, Mr Wong expects them to drop slightly this month due to the lack of any new residential projects.

"Residential sales will drop to about 10,000, unless Cheung Kong (Holdings) and MTR Corp launch their new project, Le Prestige in Tseung Kwan O, this month," he said.

The 2,096-unit project is waiting for pre-sale approval.

Alnwick Chan Chi-hing, an executive director at Knight Frank, is optimistic about the property market.

"Banks are unlikely to raise interest rates this year, so property sales will stay at a high level. Meanwhile, developers have begun to raise the prices of their new projects," Mr Chan said.

The firm expects property prices will continue to rise in the second half.

The benchmark Centa-City Index showed the average home price in Hong Kong has risen 20 per cent in the first half. The index monitors the transaction prices of flats in 86 key housing estates in Hong Kong every week.
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Old July 9th, 2009, 06:41 PM   #13
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沙田水泉澳擬建17幢公屋
2009年06月28日(日)
東方日報





受停建居屋計劃影響而被迫腰斬的全港首個環保居屋計劃沙田水泉澳建屋計劃,有望「翻生」。由於近年公屋用地不足,政府最近重新將該幅地皮交回房屋委員會興建公屋,房署計劃興建十七幢樓高約四十層的公屋大廈,提供約一萬個公屋單位,容納三萬多人,屬房委會近年罕見的大型建屋計劃,估計公屋單位可於二○一四年至二○一六年分批落成。
水泉澳原擬建環保居屋,計劃後遭腰斬。(資料圖片)

沙田第五十二區水泉澳地皮佔地九公頃,目前是政府空置地皮。水泉澳建屋計劃曾是房屋委員會重頭發展項目,房委會原本打算發展為全港首個環保居屋,並進行公開設計比賽,不過,由於政府在○二年宣布停建及停售居屋,水泉澳建屋計劃被迫腰斬,當年房委會曾考慮將地皮改建公屋,但當時該區基礎設施,如渠道及交通網絡等未能支持公屋人口,最後房委會決定將地皮交回政府。由於當時水泉澳發展項目設計工作已接近完成,房委會因為中止該計劃損失七千萬元。

不過,隨着過去五年水泉澳附近交通網絡不斷發展,渠道亦於去年完成敷設,加上近年公屋用地供應不足,政府決定重新將水泉澳的地皮交回房委會建公屋。該公屋計劃除有一萬個公屋單位外,更設有九千方米的大型商場、停車場及交通交匯處等。
依山有高低 2016竣工

房署在屋邨設計上會顧及地盤特色、樓宇高度會參照鄰近環境,依山而建,高低有致,房署除會進行空氣流通影響評估外,更會設置通風廊,確保環境理想,不會出現屏風效應。建造工程預計二○一一年五月動工,分期於二○一四年初至二○一六年年中竣工。

身兼房委會委員的沙田區議會發展及房屋委員會副主席楊倩紅表示,由於近年多個區議會均反對於區內增建公屋,房署官員最近曾向區議會「摸底」,游說區議會支持此計劃,區議會初步反應正面,她相信計劃有望獲通過。

■記者譚美芳
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Old July 10th, 2009, 10:36 AM   #14
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Quote:
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Lake Silver by eddygo from dchome :

Ah, yes...complexes like these are fine, but we're worried of how one single, slim 280m tower is going to create air flow problems.
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Old July 10th, 2009, 02:39 PM   #15
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Exactly ... it's one giant slab yet again. Hope its neighbours won't become like them as well.
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Old July 10th, 2009, 05:32 PM   #16
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Old July 10th, 2009, 05:37 PM   #17
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That's a Government set? Looks rather posh.
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Old July 10th, 2009, 06:19 PM   #18
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Quote:
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Ah, yes...complexes like these are fine, but we're worried of how one single, slim 280m tower is going to create air flow problems.
Yeh.... just because they're not reaching a particular height it means they are not a problem...
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Old July 10th, 2009, 06:28 PM   #19
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Looks fancy for a HOS complex.
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Old July 24th, 2009, 06:12 PM   #20
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新地HomeSquare擴建增舖
2009年07月24日(五)


近年唔少發展商重新包裝商場增值,新地(00016)代理租務部總經理林家強同Vincent講,沙田新城市中央廣場正式改名做HomeSquare,目前嘅擴建工程預期出年完工,到時樓層會加多一層,去到五層,店舖數目由唔夠40間大增至近120間,租金收入料上升三成。

佢又話,HomeSquare暑期推廣費按年增兩成至100萬元,料刺激期內人流及生意有10%及12%升幅。另港鐵(00066)話,青衣城暑假人流按年升30%,生意則料升15%。

近年買家入市意欲強勁,令落成無耐嘅新進屋苑交投大升。港置研究部話,以過去五年批出入伙紙嘅項目為新進屋苑計算,共有56,291伙,而今年上半年新進屋苑二手註冊量有2,571宗,較去年下半年嘅1,483宗勁升73%,可以睇到新進屋苑係跑贏大市,成為買家追捧對象。該批新進屋苑中,以西灣河嘉亨灣嘅交投最活躍,期內錄192宗成交,比去年下半年大升1.4倍,其次係港島南貝沙灣第6期南灣及長沙灣宇晴軒,分別錄153宗及127宗二手買賣登記。
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