2024-04-25 28Hse Editor
More than 3,370 new homes were sold in Hong Kong in the first quarter, and developers continue to accelerate the pace of new sales in the second quarter. Henderson Land, in partnership with Wheelock Properties, Chinachem, New World Development, China Overseas Land & Investment, and Empire Group, is developing a project named 'The Knightsbridge' at Park Peninsula in Kai Tak. Han Jia-hui, general manager of Henderson Land’s sales (II) department, said that the pre-sale consent has been granted and the sales brochure is expected to be uploaded in early April. Seventy percent of the project’s units are three- and four-bedroom flats, to be put up for tender at the end of April or early May, with prices based on first-hand and special units in the same district.
The project will provide 566 units, three- or four-bedroom flats comprise 70 per cent
According to reports, The Knightsbridge consists of eight buildings, providing 566 units, including one-, three-, and four-bedroom flats, with sizes ranging from 351 to 1,942 square feet. Among them are six special units ranging from 900 to 1,942 square feet, with a 180- to 425-square-foot podium. About 86 per cent of the project’s units are sea-facing.
The Peak No. 1 Plantation Road to be launched in the third quarter
In addition, No. 1 Plantation Road, a super-luxury development on the Peak owned by Wharf (Holdings) and marketed by Wheelock Properties, is scheduled for sale. According to Ricky Wong Kwong-yiu, managing director of Wheelock Properties, the project will offer 20 townhouses ranging from 4,600 to 7,500 square feet, most with south-facing views, private lifts, and garages. In the first phase, five fully finished houses of approximately 5,000 to 6,000 square feet will be put up for sale in the third or fourth quarter.
Wong added that the Group's KOKO MARE in Lam Tin has so far received over 2,000 votes. With 138 tickets collected for its first round of sales, to commence tomorrow, the property is 13 times over-subscribed.
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