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1. Written by News on 25-02-2010 23:59
 
 
Over a dozen units sold
Wing Tai is also understood to have sold slightly more than a dozen units over the weekend at L’VIV at Newton Road. This takes total sales to about 35 units. 
 
The 147-unit freehold project comprises almost entirely of one and two-bedroom units (both with study). The average price is said to be about $2,000 psf and buyers have to purchase on the old deferred payment scheme (DPS). They pay 20 per cent of the purchase price initially with the rest deferred till the 32-storey project receives Temporary Occupation Permit, which is expected around 2013. 
 
Developers that had obtained approval from the authorities to sell projects on DPS prior to the scheme being scrapped in October 2007 are still allowed to offer DPS.
 
2. Written by News on 26-01-2010 23:54
 
 
Over a dozen units sold
Wing Tai is said to be at an advanced stage of preparation for an imminent preview for L’Viv at Newton Road. The average price is touted at about $1,900-$2,000 per square foot (psf) – significantly higher than the $1,700 psf average price at which Ho Bee is selling its Trilight condo nearby. 
 
Wing Tai is eyeing a higher per square foot price by offering smallish units (thus keeping the absolute lump sum price per unit ‘affordable’ to potential buyers). The developer is said to be packaging its project with Deferred Payment Scheme as it had clinched approval for it before the scheme was scrapped in 2007. 
 
L’Viv comprises a total of 147 units – 72 units have one bedroom and a study and these come in two sizes, both 600-sq ft plus; another 72 units have two bedrooms and a study (all about 1,000 sq ft); and there are three penthouses (all three bedders). 
 
Trilight does not have any one-bedders. It has two, three and four bedders as well as penthouses. Two bedders range from 1,100 to 1,200 sq ft.
 

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