2024-04-25 28Hse Editor
(Leung Yuet-kam) Developed by K Wah International, Wheelock Properties, and China Overseas Land & Investment, KT Marina flats are set to go on sale next month. Tony Wan Wai-ming, K Wah’s international director of sales and marketing (Hong Kong), said that the development involves a total of 2,138 units in two phases. The first phase will provide 1,017 units, with sales brochures and price lists to be released in October. Wan said that the developer considered market conditions and project costs in pricing.
In terms of apartment types, the project ranges from one- to three-bedroom flats. Among them, one-bedroom units comprised 38% of the entire phase, from 280 square feet. Two-bedroom units accounted for 55%, with homes starting from 480 square feet. Three-bedroom flats and special units accounted for 7%, starting from 580 square feet.
1,071 flats to go on sale in Dongguan, starting from 280 square feet
According to K Wah’s assistant general manager of marketing and sales (Guangzhou and Dongguan) Peng Cheng, said that the Bayview development in Dongguan is poised to launch its T15 ‘king’ unit for Hong Kong buyers, offering a total of 100 units to range from 1,055 to 1,432 square feet in size, starting from HK$2.5 million. Buyers who purchase the units through Centaline Property will receive an 8% discount, and buyers of the first ten units will receive an additional gift package worth HK$88,000.
Next, Pano Harbour in Kai Tak, developed by China Resources Land and Poly Property, recorded its first penthouse transaction, of 2,729-square-foot unit A on the 38th floor of Block 8, including a private rooftop. The transaction was valued at more than HK$167 million, at over HK$61,354 per square foot, which is the highest cost per square foot in the former runway area and highest transaction price in Kai Tak.
Tung Chung East Station Phase One opens Invitation for Expression of Interest
Hong Kong’s MTR Corporation today invited expressions of interest from developers for the Tung Chung East Station Phase One project, which will close at 2pm on October 6. The project’s maximum residential floor area is about 695,800 square feet and the maximum retail floor area is about 87,500 square feet.
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