2024-05-09 28Hse Editor
(Leung Yuet-kam) In September, Chinachem Group will use HK$600 million to refurbish Victoria Coast, a luxury residential property on Victoria Road in Pok Fu Lam. Helen Fung, director of sales at Chinachem Group, said that sales brochures and showrooms would be unveiled in early September, with flats to be sold by tender. Prices will be based on those of other new flats in the Southern District, and buyers will enjoy flexible payment methods.
The development comprises two 30-storey residential buildings, providing a total of 118 units. Each floor will offer only two units. The units will range from 1,356 to 1,367 square feet, two-bedroom and three-bedroom households accounting for half of the sea-facing units. Fung added that the latest interest rate hike would affect buyer sentiment, but the recent improvements in first-hand transactions reflects that buyers will enter the market so long as a project is attractive. She said that market sentiment would improve by the end of the year.
5 new developments to be launched next month involving 3,451 units
Other new developments to be launched in September include Yoho West in Tin Shui Wai (1,393 units), One Kai Tak (I) in Kai Tak (1,017 units), and Mori in Tuen Mun (693 units). The five projects offer a combined total of 3,451 flats.
Like 23
