According to Vice Chairman and Executive Director Huang Guangyao, these 108 new units will maintain their original prices and are planned to meet the market this Saturday. Currently, more than 7,200 people have submitted subscription applications, showing that the subscription enthusiasm for the first batch of units is 18 times that of the pre-sale units, with the subscription deadline set for this Friday.

Huang Guangyao stated that approximately 60% of the potential buyers currently interested in purchasing are inclined towards one-bedroom and two-bedroom units with open kitchens, while 20% prefer two-bedroom or three-bedroom units, and another 20% are large-scale investors. In terms of geographical distribution of buyers, about 60% come from Kai Tak and East Kowloon, 20% from Tsuen Wan, Sha Tin, and Tai Wai, and the remaining 20% from Hong Kong Island, especially the eastern district of the island.

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These 108 units cover one to three-bedroom layouts ranging from 330 to 665 square feet. After various discounts, the actual selling prices range from HK$4.857 million to HK$10.811 million, with actual prices ranging from HK$14,352 to HK$16,257 per square foot. Compared to the previous price list, the actual average price per square foot this time is approximately HK$15,095, representing a 3.2% increase from the previous batch and a 6.4% increase overall.

Another project, The Summit ‧ Horizon, has also attracted considerable attention in the market. A distinctive unit was sold for nearly HK$148.869 million, with a price per square foot of up to HK$68,000, setting a new record for the Kai Tak area. The project has sold 13 units so far, attracting many mainland buyers, mainly purchasing units with an area of approximately 1,100 square feet. It is expected that with the gradual recovery of the Hong Kong economy, property prices will achieve a moderate growth of 5% to 10% on the basis of 2023."