CK Asset (01113.HK) and New World (00016.HK) jointly launched the new sales arrangement for Unit 4 in the second phase of the "Fei Yang" project in Tuen Mun. This includes 8 one-bedroom units and 3 two-bedroom units, with 10 units being sold this Sunday (17th) from 2 pm in the form of price list sales, while the remaining 1 two-bedroom unit with a rooftop feature will be sold from next Monday (18th) through bidding.

The entry unit involved in this phase is Unit H on the 1st floor of Block 5 in the second phase, with a practical area of 266 square feet. After deducting the highest discount, the discounted price is 3.069 million yuan, at a discounted price of 11,538 yuan per square foot.

Yang Gui Ling, Assistant Chief Manager of the Sales Department at Cheung Kong Property, stated that most owners of the Fei Yang Phase 2 have completed the handover process, and customers are very satisfied with the quality and environment of the completed units. With the bullish property market factors of last week's interest rate cut, customers' intentions to enter the market have been further enhanced. The developer announced the launch of a new "210-day payment plan" for Fei Yang Phase 2. Additionally, there is an early transaction rebate offer: buyers who choose to settle the transaction amount within 90 days after signing the provisional sale and purchase agreement, between 90 and 120 days after, or between 120 and 150 days after, can enjoy a cash rebate of 4%, 3%, or 2% of the transaction amount respectively.

Fei Yang Phase 2 has sold a total of 365 units to date, realizing over 1.8 billion yuan in cash.