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Hunghom's big project will be on the market next week. 
Jul 21, 2023
Hunghom's big project will be on the market next week.  Hong Kong
By   Centaline Property
  • City News
  • Hung Hom Mega Project
  • New Developments
  • Real Estate Projects
Abstract: Under the haze of interest rate hike, there is another brand new project in the urban area. The new phase of the Hung Hom redevelopment project is officially named, and it is expected to go on sale next month. On the other hand, Yau Tong new development's soft-selling attack continues.

Henderson Land (00012) of Hung Hom Baker Place Phase 3 project, on Thursday (20) officially named BAKER CIRCLE ‧ GREENWICH. Henderson Property Agency Limited General Manager of Sales (1) Lam Tat-Man pointed out that the site provides 278 units, the main focus of one-bedroom households, the deployment of the earliest next week uploaded the prospectus is expected to be on sale in August. He pointed out that this phase of the project covers open-plan to two-bedroom apartments, and the key date is expected to be March 31, 2025, he said.

 

Wetland Seasons Bay Phase 3 in Tin Shui Wai, a subsidiary of Sun Hung Kai Properties (00016), revised its price list on Thursday (20) by adding a 13.5% discount to price list No. 5, which was originally not subject to any discount, as a de facto price reduction. At the same time, the project also confirmed that 8 units of 2-bedroom apartments will be put up for sale from next Monday (24th), among which 4 units will be "discounted units". AcHunghom's big project will be on the market next week. cording to the information, the price list No.5 involves 40 units, including 8 villa units and 32 flatted units, which were originally launched in January this year without discount, and the average price of these units was about $17,266 per square foot at that time. The average price per square foot of these units was about RMB17,266 at that time. After revising the price list and adding the maximum discount of 13.5%, the average price per square foot of these units will be about RMB14,935.

 

Cheung Kong Holdings (01113) Yau Tong Oceanside Station II is about to be put up for sale. Mr. Kwok Tze-wai, Principal Sales Manager of the group, said that the project has received overwhelming response from enquiries, mainly from Tseung Kwan O and Kwun Tong, and since the announcement of its plan to offer a preferential scheme for professionals, many enquiries have been received, with more than half of them being from the Mainland or overseas, and the group will set up a 10-strong department to provide services for the professionals. The group will set up a 10-member department to serve the professionals. Chan Wing-chee, the group's sales manager, said the 228-unit Oceanfront Station I, with most of the two- and three-bedroom units enjoying sea views, plans to upload the sales brochure next week.

 

Pan Ocean Group's (00129) Metro I in Hung Shui Kiu, Yuen Long, had one new transaction on Thursday (20), which is Room A10 on the 11th floor of Block 1, with a saleable area of 426 square feet and two bedrooms, and the transaction price is $6,046,600, with a price of about $14,194 per square foot. The project has sold about 67 units so far.

 

Henderson Land (00012)'s Kai Tak THE HENLEY II, Thursday (20) sold Block 1, 23rd Floor, Room D, saleable area of 476 square feet, two rooms, the transaction price of $15,148,900, feet price of about $31,825.

 

Kowloon Development (00034) Tseung Kwan O Villa Hoi Yan recorded two transactions on Thursday (20), including the sale of Unit C9 on 16/F of Block 2 with a saleable area of 283 square feet and a partitioned room for $5.284 million at $5.284 million and a price of $18,671 per square foot. It is reported that 34 units have been sold so far this month, realizing more than $165 million.

 

 

Mongkok Joyous Club, jointly developed by Yee Shiu Group Holdings and Chun Wo Development Group, newly sold Unit B on 20/F, with a saleable area of 168 sq.ft. and an open partition, at a price of $4,527,000 and an sq.ft. of about $26,946.

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Hunghom's big project will be on the market next week. 
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