Hong Kong homebuyers snap up flats in projects at the city’s former airport runway and in “Northern Metropolis” district
Wheelock Properties sold 341 of the first batch of 342 units at the Monaco One project in Kai Tak as of 9pm, agents said.
SHKP sold 171 of 179 flats from two phases of its Wetland Season Bay in Tin Shui Wai.
Kong’s homebuyers flocked into the property market to snap up flats in
Tin Shui Wai and at the city’s former airport runway in Kai Tak ahead of
an expected increase in demand after the reopening of the border with
Wheelock Properties sold 341 of the first batch of 342 flats at the Monaco One
project in Kai Tak as of 9pm, agents said. The flats had received 6,153
registrations of interest, translating to 18 bids for every available
unit, according to the developer.
Meanwhile, Sun Hung Kai Properties (SHKP) sold 171 units, or 96 per cent of the 179 flats on offer at two phases in Wetland Seasons Bay in Tin Shui Wai, receiving 1,968 registrations, or around 11 bids for each of the 171 units on open sale.
are optimistic about the future of the districts where the two projects
are located,” property agent said, adding that both projects were
expected to sell out at the end of the day. “Prospective homebuyers have
also quickened their pace to enter the market ahead of the reopening of
the border with the mainland, which is expected to lead to a jump in
demand for homes.”
Hong Kong’s land border with mainland China
will reopen fully to quarantine-free travel by June at the latest,
official sources have revealed, signalling a significant breakthrough
after months of the city’s intense lobbying to fight the debilitating
impact of the checkpoint closures on its economy.
At Wheelock’s Monaco One
project in Kai Tak, the 341 flats put on open sale ranged from
one-bedroom units to three-bedroom flats, with sizes from 319 square
feet to 671 sq ft (62 square metres), priced between HK$7.57 million and
HK$17.3 million (US$2.22 million) after discounts. The largest flat in
the project, a four bedroom unit sized at 1,471 sq ft, was put on sale
Due for completion in March 2023, the whole Monaco project will yield 492 units ranging from one-bedroom to four-bedroom apartments.
At SHKP’s Wetland Seasons Bay,
171 flats were put on open sale from both phase one and two of the
development, including leftover flats, while eight units were put on
sale by tender.
fresh batch of 147 flats in phase two of the project range in size from
a 279 sq ft open unit priced at HK$4.3 million, going up to HK$12.5
million for a 773 sq ft four-bedroom flat after discounts.
Wetland Seasons Bay, scheduled for completion June 2022, comprises a total of 1,996 apartments and 10 villas across three phases.
project is located on the fringe of Hong Kong’s wetlands in Tin Shui
Wai in the city’s northwestern corner, located across Shenzhen Bay from
southern China’s technology metropolis. The district is also part of a
new proposed “Northern Metropolis”
of 2.5 million people in 20 years, according to a blueprint laid down
by Chief Executive Carrie Lam Cheng Yuet-ngor in her policy address last
metropolis will include existing new towns in Tin Shui Wai, Yuen Long,
Fanling and Sheung Shui and their neighbouring rural areas, as well as
six new development areas under planning or construction.
Last Saturday, buyers snapped up all 200 units at #Lyos,
a project developed by Li Ka-shing’s CK Asset Holding. It is the first
large-scale new project in northern Hong Kong to come to the market
since the Northern Metropolis blueprint was unveiled.
(South China Morning Post)
代理表示，上環干諾道中128號 (前稱豫泰商業大廈) 25樓全層，面積約1550方呎，業主意向售價約3410萬元，呎價約2.2萬元。