Originally Posted by
cashrich
duno why u asked this... u wanna enblock some LH 99 development?
Draycott park done in june 1997 at $1,104 psf ppr paid by a Wing Tai unit, which it has since developed into the Draycott 8 condo.
LH99's with potential... need to be in town or near town.
(1) Jackie Chan’s condo sold to OUE
District 9 The Grangeford in the Grange Road/Leonie Hill vicinity has been sold to Overseas Union Enterprise (OUE) at a unit land price of $1,810 per square foot per plot ratio, including a differential premium of $92.7 million payable for topping up the remaining lease to its original 99 years.
The 193 owners of Grangeford, including Hong Kong movie star Jackie Chan, will pocket a total of $625 million.
Past en bloc sale record
Year Volume ($ mil) No. of transactions
1996 1,984.4 38
1997 1,264.1 22
1998 17.9 1
1999 2,407.7 42
2000 1,464.2 19
2001 83.5 3
2002 161.6 6
2003 557.7 10
2004 685.9 14
2005 2,054.3 37
2006 7,750.7 62
2007 6,381.4 39
Parisian at Angullia Park, Leedon Heights ($835 million), Gillman Heights ($548 million), Horizon Towers ($500 million), Farrer Court ($1.3388 billion) and Tulip Garden ($548 million).