Kinetic Properties Group is a well-known property developer in Hong Kong, holding a strong position in the local property market and achieving commendable success in overseas markets. Since its establishment in 2013, Kinetic Properties has gained high recognition from investors and homebuyers by consistently delivering high-quality projects.

The Tianhuan project in East Kowloon's Kai Tak area showcased Kinetic Properties' strength in overseas markets. Currently, the market value of Kinetic Properties' property portfolio has reached HKD 20 billion, with approximately 80% located in Hong Kong. This year, the company plans to launch two new projects, with the most anticipated being ONE STANLEY on Wong Ma Kok Road in Stanley.

The construction of the ONE STANLEY project took about 7 years, and it has successfully obtained the presale consent letter, with plans to officially go on sale in March. The project offers a total of 82 residential units, with 32 luxury townhouses in the front row, ranging from 2,700 to 7,000 square feet; and 50 duplex units in the rear row, with sizes ranging from 800 to 3,300 square feet. The project emphasizes 4-bedroom and 5-bedroom units to meet the space needs of different families. Regarding pricing, it takes reference from the levels in premier luxury areas like The Peak and South District.

The Stanley area is known for its scarcity of seaside luxury residences, making it highly sought after. Due to various restrictive measures imposed by the government on the property market, no new luxury residential projects have been seen in Stanley for almost 9 years. Therefore, the launch of ONE STANLEY undoubtedly provides homebuyers with new choices and has generated a strong response in the market.

Mr. Louis Lo, Chief Executive Officer and Chairman of Kinetic Properties Group, expressed confidence in the scarcity of seaside plots in the Stanley area and believes it remains highly popular among discerning buyers. Mr. Lo hopes the government will completely lift restrictive measures on the property market to reduce excessive intervention and create a better development environment for the property market.

In addition to the ONE STANLEY project, Kinetic Properties is also collaborating with the Urban Renewal Authority on the Oak Street/Eva Street redevelopment project in Tai Kok Tsui. This project will offer around 120 residential units, primarily featuring one-bedroom and two-bedroom layouts, and is expected to be launched in the third quarter of this year. It will provide new choices for first-time homebuyers and investors.

Furthermore, Kinetic Properties owns four commercial land parcels in London, UK, with a total investment exceeding HKD 4 billion. Currently, these land parcels generate stable rental income of nearly HKD 166 million per year, with an impressive occupancy rate of 90%. This further strengthens the financial stability of Kinetic Properties.

Mr. Louis Lo stated that fluctuations in the property market are normal, but he is concerned about the low transaction volume. He hopes the government will announce a complete removal of restrictive measures in the upcoming budget, stimulating investors to return to the market and bring the property market back on track. He also anticipates that with the possibility of a mid-year interest rate cut by the US Federal Reserve, Hong Kong property prices have bottomed out and are expected to rise by 5% throughout the year. Despite six land parcels going unsold last year, Mr. Lo remains optimistic about the medium to long-term prospects of the Hong Kong property market.