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Blue Coast Blue Coast Project Phase 3 (Phase 3B) Leads the New Trend of Wong Chuk Hang Station Coverage
Mar 12, 2024
Blue Coast Blue Coast Project Phase 3 (Phase 3B) Leads the New Trend of Wong Chuk Hang Station Coverage Hong Kong
By   Internet
  • City News
  • Blue Coast Blue Coast Project
  • King Flat
  • Hong Kong Property
  • Hong Kong Property Market
Abstract: The upcoming launch of the third phase (3B phase) of the Blue Coast project is poised to introduce a new wave of excitement to the residential developments above the Wong Chuk Hang MTR station.

The Blue Coast project's third phase (3B phase) is a highly anticipated part of the collaboration between Cheung Kong Group and MTR Corporation Limited in the Wong Chuk Hang station development.


This phase is expected to focus primarily on premium units, including 3-bedroom and 4-bedroom units, with an estimated selling price of up to HKD 40,000 per square foot, totaling 642 units. The launch of this phase has garnered significant attention, showcasing a diverse range of unit types and offering a high-quality living experience for the Wong Chuk Hang station development.


According to sources, the spotlight of this phase will be on premium units, including 3-bedroom and 4-bedroom units, with an estimated selling price of up to HKD 40,000 per square foot, translating to approximately HKD 50 million. The developer plans to offer a total of 642 units, with the majority being 3-bedroom units, accounting for over seventy percent.


As the Chief Manager of the Cheung Kong Sales Department, Derek Kwok mentioned, the Blue Coast project is expected to be launched this month, with the premium units being sold through a tender process. He revealed that these premium units are likely to go on sale in March, with the market's reasonable price for a 4-bedroom unit reaching HKD 50 million, approximately HKD 40,000 per square foot. For buyers interested in purchasing adjacent premium units, the developer will give them priority, considering selling both units together for a total price of HKD 100 million.


Blue Coast Blue Coast Project Phase 3 (Phase 3B) Leads the New Trend of Wong Chuk Hang Station Coverage

Internet


Regarding the dynamics of the project, Angela Yeung, Senior Sales Manager at Cheung Kong, mentioned that the 3B phase will consist of two towers, namely 1A, 1B, and 2A, 2B, offering a total of 642 units ranging in size from 452 square feet to 1,267 square feet. The project features diverse unit designs, ranging from 2-bedroom to 4-bedroom layouts, with five different interval designs.


Angela Yeung also pointed out that some of the 2-bedroom units and all 3-bedroom and 4-bedroom units in this phase are equipped with ensuite master bedrooms, with approximately 88% of units featuring unique corner window designs in the living room or bedroom. Some high-level units enjoy dual views of the garden and sea, while premium units are designed with oversized platforms or terraces, offering stunning views of the Deep Water Bay Yacht Club.


The developer emphasized that they are actively preparing for sales, planning to upload sales brochures online, and will soon open demonstration units and sales offices within the Harbourfront Landmark Shopping Centre in Hung Hom for prospective buyers to visit.


With increased market trading and the removal of certain restrictions, Derek Kwok believes the market outlook is optimistic, with expected new home transactions exceeding 3,000 this month, providing important reference for homebuyers. Overall, the third phase of the Blue Coast project showcases a diverse range of unit types and offers a high-quality living experience, injecting new vitality into the residential developments above the Wong Chuk Hang station.

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Blue Coast Blue Coast Project Phase 3 (Phase 3B) Leads the New Trend of Wong Chuk Hang Station Coverage
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