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KOKO ROSSO teases $6 million one-bedroom find
Feb 16, 2023
KOKO ROSSO teases $6 million one-bedroom find Hong Kong
By   Internet
  • City News
  • Hong Kong New Homes
  • Hong Kong Property
  • Property for Sale
Abstract: The battle of the new developments is about to begin, with Wheelock Properties' KOKO ROSSO in Lam Tin and SHKP's NOVO LAND Phase 2B in Tuen Mun going head-to-head.

The former is scheduled to open today, with some one-bedroom units priced below $6 million, and will offer a special payment plan for young buyers and first-time buyers. The latter will upload its sales brochure today and is expected to start selling within this month.

 

KOKO ROSSO is scheduled to open today. Wheelock Properties Managing Director Wong Kwong-yiu said the first price list will be for at least 80 units, focusing on one- and two-bedroom units in Block 6, all of which will be priced below $10 million, with some one-bedroom units priced below $6 million. Tickets will be available for sale next week at the earliest.

 

Mr Wong also said that the number of enquiries for the project has increased significantly recently, with 80% of the enquiries being from home users and many from families, so he is confident that the project will be sold. As for Phase 3B of the project, the pre-sale documents are still pending and the project is targeted to be launched in the second half of the year.

 

According to the project, CLUB KOKO has a clubhouse and garden space of more than 72,000 square feet. According to Mr Poon Hung-man, Assistant General Manager (Project Design and Marketing) of Wheelock Properties, the clubhouse has more than 42,000 square feet of indoor and outdoor play space for children, and regular workshops will be held for children to learn through play.

 

On the other hand, SHKP's Acting General Manager, Mr H L Chan, said that the sales brochure for Phase 2B of NOVO LAND in Tuen Mun will be released today and the price list will be announced as soon as possible, with a view to commencing sales within this month.

 

The NOVO Resorts clubhouse, together with the communal gardens and play areas, will cover a total area of about 400,000 square feet, with six water play facilities covering an area of nearly 32,000 square feet, creating the largest water playground in the region.

 

Henderson Land's General Manager, Agency Sales (II), said that 15 units, ranging from 265 to 447 square feet in size, will be offered for sale this Sunday at a discounted price of $5,647,800 to $11,204,900, or $21,312 to $25,067 per square foot.

 

The same series, Leo Place - Sunshine Coast in Mongkok, also put up for sale on Sunday 1 unit of 2-bedroom and 1 unit of 1-bedroom units, measuring 260 and 382 square feet, at a discounted price of $7,390,800 and $9,707,400, with a discounted price of $28,426 and $25,412 per square foot.

 

In terms of new property transactions, Cheung Sha Wan Oi Hoi Son, a joint development between Cheung Sha Wan and the URA, was sold by tender yesterday at $16.198 million for Unit A on 40th floor of Block 3, measuring 771 sq ft with a 545 sq ft roof, at a price of $21,009 per square foot.

 

In addition, CR Land (Overseas) and Poly Land's joint venture, Kai Tak Riverview, added two more sales yesterday, namely Unit B on Level 10, Block 1 and Unit A on Level 32, Block 6, measuring 1,870 sq ft and 950 sq ft respectively, which were sold for $81,486,000 and $35,391,000 at $43,575 and $37,254 per square foot.

 

River King has sold 21 units so far this month and 63 units for the whole project so far.

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KOKO ROSSO teases $6 million one-bedroom find
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