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KOKO MARE to launch sale of 138 units on Saturday
Mar 29, 2023
KOKO MARE to launch sale of 138 units on Saturday Hong Kong
By   Wen Wei Po 
  • City News
  • New homes for sale
  • prices of units sold
  • sales
Abstract: Wheelock Properties' KOKO MARE in Lam Tin has launched its first round of sales of 138 units this Saturday.

KOKO MARE, a subsidiary of Wheelock Properties, will launch the first round of sales of 138 units this Saturday, with saleable area ranging from 334 to 520 square feet, including one-bedroom to two-bedroom units, at a discounted price of $5,937,000 to $9,931,000, with an average discounted price of $18,386 per square foot, and tickets will be closed at 6pm this Friday.


There will be two groups of flat selection this Saturday, with a minimum of two units for the large buyer group and one unit for the average buyer group.


Mr Wong Kwong-yiu, Vice Chairman and Managing Director of Wheelock Properties, said that all 138 units in KOKO MARE on sale this Saturday are priced below $10 million, with 13 (9%) units below $7 million, 53 (38%) units below $8 million and 113 (82%) units below $9 million, making the sale prices very attractive and he is confident that the first round of sales will be successful.


As for Henderson Land's Baker Circle-Euston in Hung Hom, it has accumulated over 520 votes as at 8.30pm last night, and with 84 fellows on sale this Friday, it is 5.2 times over-registered.


The tender period for the renewal of two townhouses at Emperor International's Riviera, Tuen Mun is from April 1 to June 30. The units are 2 and 6 at Riviera with 4,213 and 3,290 square feet respectively, with terraces, gardens, parking spaces and rooftops.


The same series of units at Serenity 8 in Mid-Levels West is also available for tender, including Units A, B and C on Level 3 and Unit C on Level 31, from 1 April to 30 June.


In terms of new property transactions, Sino, Wheelock Properties, K. Wah and Jawa jointly developed West Kowloon Harbourview I. A group of buyers spent $86.7 million to acquire two units in a row yesterday, including Unit A on 9/F of Block 1 and Unit A on 10/F of Block 1, both with 1,385 sq ft of 4-bedroom units, at $43.2 million and $43.5 million respectively, at $31,191 and $31,408 per square foot.


The 22nd floor C of Block 6, a 903 sq ft, 3-bedroom property developed by China Resources Land (Overseas) in partnership with Poly Land, was sold by tender for $32.8 million (including a car parking space) at a price of $36,323 per square foot.


The Kerry Partners Sino Land and MTRC joint development at Wong Chuk Hang Station, Hong Kong Island South, Phase 2, Young Ocean, sold Unit B, 28/F, Block 1A, with a saleable area of 934 sq ft and three partitions for $43.6 million at a price of $46,681 per square foot.

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