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CITIC Pacific Properties' Summitscape at Mount Nicholson: New Focus of Hong Kong Property Market
CITIC Pacific Properties' Summitscape at Mount Nicholson: New Focus of Hong Kong Property Market 香港
By   Internet
  • 城市報
  • Hong Kong property market
  • luxury residential projects
  • pre-sale uncompleted buildings
Abstract: The introduction of Summitscape at Mount Nicholson will inject new vitality into the Hong Kong property market and become one of its focal points. We look forward to seeing the development and results of this project.

Summitscape at Mount Nicholson, CITIC Pacific Properties' upscale residential project in Tai Hang, suddenly released its brochure yesterday, announcing the imminent start of hot sales, injecting new momentum into the Hong Kong property market.


Located at 135 Tai Hang Road, Summitscape at Mount Nicholson quickly initiated sales preparations after receiving approval for the pre-sale of off-plan units from the Lands Department last month. The luxury residential project offers a total of 114 residential units, with sizes ranging from 434 to 2,948 square feet, covering various layouts to meet the needs of different families.


According to the brochure, the project consists of two residential towers. The first tower, named "Clear Sky," features four-bedroom units with standard sizes ranging from 1,679 to 1,686 square feet. Additionally, this tower offers special units with connected platforms on the 1st floor and full-floor special units on the 21st to 22nd floors, with sizes ranging from 2,841 to 2,948 square feet. The top-floor special units feature an extra-large terrace and a private swimming pool spanning 2,048 square feet.


CITIC Pacific Properties' Summitscape at Mount Nicholson: New Focus of Hong Kong Property Market

Internet


The second tower primarily offers two-bedroom units, with designs available from the 1st to the 19th floors, ranging from 434 to 731 square feet. The 1st floor also features three units with connected platforms, with platform sizes ranging from 100 to 272 square feet. The 21st and 22nd floors feature full-floor special units, each with a size of 2,589 square feet. The top-floor units are connected to an extra-large terrace and a private swimming pool spanning 1,846 square feet, making the entire project feature luxury units with private pools.


"Summitscape at Mount Nicholson" is expected to welcome residents by the end of March 2026, with the off-plan period not exceeding 24 months. Given the absence of new projects in the Tai Hang area for several years, there is high anticipation for this project in the market. Industry experts predict that with the accumulation of purchasing power in the area, Summitscape at Mount Nicholson will become a new focus of the market.


Looking back at CITIC Pacific Properties' past developments, the Jun Yuan project launched in Ma On Shan about five years ago offered 148 units, all of which have been sold out, realizing a total cash outflow of over HK$3.74 billion and becoming one of the few new projects without discounted sales.


In recent times, the Hong Kong property market has remained active, with several new projects launched, including railway-related and downtown luxury residential projects. The launch of Summitscape at Mount Nicholson undoubtedly injects new vitality into the Hong Kong property market and has garnered extensive attention from the market.

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CITIC Pacific Properties' Summitscape at Mount Nicholson: New Focus of Hong Kong Property Market
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