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The Gaolin Project Reveals New Trends in Tsim Sha Tsui's Property Market
Apr 23, 2024
The Gaolin Project Reveals New Trends in Tsim Sha Tsui's Property Market Hong Kong
By   Internet
  • City News
  • Tsim Sha Tsui Real Estate
  • Hong Kong Property Market
  • New Market Trends
Abstract: The launch of the Gaolin project is set to inject new vitality into the Tsim Sha Tsui property market. Its diversified unit types, prime location, and comprehensive commercial facilities are expected to attract significant interest from homebuyers. As the project progresses, it is anticipated to become a shining jewel in Hong Kong's real estate market, adding new vigor to the city's development.

Hong Kong's property market has always been under the spotlight, and the Tsim Sha Tsui area has recently entered a phase of rapid development. Capital Strategy Real Estate Company's latest high-end residential project "Gaolin" showcased its model unit to the media today, indicating that the project will soon officially start sales. It is reported that the project will announce its pricing this week and launch at least 52 units initially.


"Gaolin" is a standalone residential tower consisting of 28 floors, including two blocks, A1 and A2, providing a total of 259 diversified unit types. These range from one-bedroom to three-bedroom units and include some special units with sizes ranging from 232 to 1,589 square feet, meeting the needs of various families and individuals. Notably, the smallest unit is a one-bedroom of 232 square feet equipped with a 170 square feet terrace, while the largest is a four-bedroom suite of 1,589 square feet featuring luxurious outdoor space.


The Gaolin Project Reveals New Trends in Tsim Sha Tsui's Property Market

Internet


Capital Strategy Real Estate's Executive Director, He Le Hui, expressed confidence in the sales prospects of the "Gaolin" project, citing recent successful new launches and the project's many selling points. Its prime location and transportation advantages are key reasons why the developers are confident in its sales performance.


In addition to the residential part, the "Gaolin" project also plans commercial floors at the ground level, totaling 9 floors and approximately 126,000 square feet. The commercial space is planned to be divided into offices and retail purposes and is expected to start next year. This design aims to provide a more convenient lifestyle for residents while also bringing new vitality to the surrounding commercial environment.


The "Gaolin" project is expected to be delivered by the end of December 2025, with a construction period of about 20 months. The developer revealed that the pricing of the first batch of 52 units would be benchmarked against other new developments in the area, further demonstrating their confidence and anticipation for the project.

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The Gaolin Project Reveals New Trends in Tsim Sha Tsui's Property Market
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