Notably, yesterday's release of the sales brochure revealed details about SEASONS PLACE, with pricing expected to be announced within this week, with the initial release of at least 130 units, adopting a pricing strategy close to market rates to attract homebuyers.
Raymond Ng, Vice Chairman and Executive Director of Wheelock Properties, expressed satisfaction with the market response to SEASONS PLACE, having received over 1,000 inquiries from real estate agents and the public within just one week. To meet the demand of homebuyers and accelerate sales, he stated that pricing will be announced within this week, with the initial release of over 130 units, priced in line with other new developments in Tseung Kwan O and Sunrise City.
Ng pointed out that the target audience for SEASONS PLACE is clear, primarily focusing on 1 to 2-bedroom layouts, with most units below 500 square feet, expected to attract the attention of young first-time homebuyers and investors. Today, four show units of the project were opened to the media, showcasing various 1 to 3-bedroom layouts.
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Furthermore, with the government lifting restrictive measures last month, there has been increased activity in the property market. Wheelock Properties has successfully sold around 100 units, with proceeds totaling around HK$1.7 billion. Ng predicts that the transaction volume in the primary property market this month will reach approximately 3,000 units, indicating that the momentum of market recovery may continue into the second quarter. Regarding future new project launches, the group plans to launch a project on Spring Garden Street in Wan Chai in the second quarter.
According to the sales brochure, SEASONS PLACE is located at 1 Kang Cheng Road, comprising 2 towers, Block 3A and Block 3B, offering a total of 650 units with sizes ranging from 282 to 665 square feet, featuring 1 to 3-bedroom layouts. Among them, there are 240 1-bedroom units with sizes ranging from approximately 322 to 338 square feet; 337 2-bedroom units with sizes ranging from approximately 437 to 495 square feet; and 48 3-bedroom units with sizes around 665 square feet. Additionally, there are 25 units with platforms or rooftops as special features. The project's key completion date is expected to be October 31, 2025, with a construction period of approximately 19 months.
The smallest unit in SEASONS PLACE is Unit E on the 8th floor of Block 3B, with an area of 282 square feet, along with a 255 square feet platform, designed as a 1-bedroom layout; while the largest unit is the top-floor special feature unit, Unit A on the 66th floor of Block 3B, with an area of 665 square feet, along with a 505 square feet platform, designed as a 3-bedroom layout. It's worth noting that this top-floor unit does not have an internal staircase leading to the rooftop.
In addition, Ada Yu, Assistant Director and General Manager (Commercial) of Wheelock Properties, shared that SEASONS PLACE will feature over 98,000 square feet of clubhouse and garden areas, providing various one-stop entertainment facilities. The clubhouse will feature 8 themed water facilities, 3 banquet halls, as well as rare outdoor hot spring baths and izakaya-themed facilities in Hong Kong, aiming to provide residents with a diverse range of lifestyle amenities.
