Four Seasons Private Apartments Beijing lights up HongKong Real Estate Market2009-12-07
The lively HongKong welcomes Four Seasons Private Apartments Beijing for its primary appearance at the end of 2009. The three-day event saw a busy shopping binge, with a strong market response.
30 units have been sold in the pre-sale the first two days of the sales event with prices ranging 16 million yuan to 24 million yuan, setting the highest daily record for both sales quantity and sales revenue of luxurious apartments from mainland China. Out of which, the highest unit price reached 101700 RMB, bear away another sales record. A buyer from south district of The Peak had consecutively purchased two units, making a lump-sum payment of $50 million HK, setting the record for individual purchase.
During the promotional period of Four Seasons Private Apartments Beijing in HongKong, shareholders of the project – the Chairman and CEO of Phoenix TV Mr. Liu ChangLe, president of Palm Springs Holdings Mr. Zeng Wei, executive of Four Seasons Hotels & Resorts Mr. William Mackay, Chairman of Sino Group Mr. Huang ZhiXiang, Chairman of Great Eagle Holdings Mr. Luo JiaRui, vice chairman and managing director Mr. Guo Binglian and Guo Bingjiang, as well as HongKong Toy Town Chairman Mr. Zheng JuHong and other famous real estate celebrities all attended this event. Out of all the purchasers, half of which were from HongKong, and the other half were foreigners and buyers from mainland China. Senior investor Zheng YuHong expressed that the unit he had purchased from Four Seasons Private Apartments Beijing were at the higher levels of the building, obtaining a the beautiful view of Chaoyang Park, with the total price of 26.64 million yuan.
The sales revenue Four Seasons Private Apartments Beijing has gained in its two day sales event in HongKong almost equals the annual sales revenue of a single residential project in Beijing market. Breaking the records successively, the Four Seasons Private Apartments Beijing had increased the buyers’ investment confidence and purchase enthusiasm. Since Dec 05, 2009 when the apartments started its sale, till the end of 2009, Four Seasons Private Apartments had sold over 60 units in HongKong and mainland China, with sales sum over 1 billion, breaking the sale pace for Chinese luxury real estate projects.