2024-05-06 28Hse Editor
Wheelock Properties' KOKO MARE in Lam Tin will launch its first sale of 138 units this Saturday, with saleable areas ranging from 334 to 520 square feet. The sale includes one- to two-bedroom units, at a discounted price of HK$5.937 million to HK$9.931 million, with a discounted average price of HK$18,386 per square foot. There will be two groups of buyers this Saturday. The large buyer group will be expected to purchase a minimum of two units, and the average buyer group to purchase at least one.
Ricky Wong Kwong-yiu, managing director of Wheelock Properties, expressed confidence in the sales performance for the first round. He said that the 138 units in KOKO MARE on sale this Saturday are all priced below HK$10 million, with 13 (9 per cent) of units below HK$7 million, 53 (38 per cent) units below HK$8 million and 113 (82 per cent) units below HK$9 million, making them very attractive to buyers.
Grand Victoria sells two units for HK$86.7 million
Henderson Land’s Baker Circle Euston in Hung Hom has received more than 520 votes as of 8:30pm last night, which is 5.2 times over-registered based on the 84 units offered this Friday.
The tender period for the renewal of two townhouses at Seaside Castle in Tuen Mun, owned by Emperor Group, is from 1 April to 30 June. The units are houses 2 and 6 with areas of 4,213 and 3,290 square feet respectively, equipped with terraces, gardens, parking spaces and rooftops. The bidding period for 4 units at Central 8 in Mid-Levels West, including special units A, B, and C on Level 3 and unit C on Level 31, will be from 1 April to 30 June.
In terms of new property transactions, Sino, Wheelock Properties, K. Wah, and SEA Holdings jointly developed Grand Victoria I in West Kowloon, which was sold to a group of buyers yesterday at a total of HK$86.7 million for two units, including unit A on 9/F, Block 1 and unit A on 10/F, Block 1, both four-bedroom, 1,385-square-foot units, at HK$43.2 million and HK$43.5 million respectively, and at HK$31,191 and HK$31,408 per square foot.
The 22nd floor C of Block 6, a 903 sq ft, 3-bedroom apartment, a joint venture between China Overseas Land & Investment and Poly Property, was sold by tender for HK$32.8 million (including a car parking space) at HK$36,323 per square foot. Kerry properties, in partnership with Sino Land and the MTR, sold unit B on the 28th floor of Block 1A, with a saleable area of 934 square feet and three bedrooms at HK$46,681 per square foot in the joint development of The Southside Phase 2 La Marina at Wong Chuk Hang Station.
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