During the first weekend, Golden Bay - Yilan attracted nearly 3,000 visitors, receiving over 1,400 applications for entry tickets, with accumulated tickets exceeding 4,000, resulting in an oversubscription rate of up to 27 times. This demonstrates its highly sought-after performance in the market.

From the unveiling of the show units, Golden Bay - Yilan has attracted a large number of residents. Last weekend, there was a continuous crowd with long queues outside the sales gallery, creating a lively atmosphere. Observers noted that many potential buyers, especially young purchasers and families, showed great interest in the project's design and location.

Developers reported that they received a very positive response and ideal reception, having accommodated nearly 3,000 visitors over the weekend. They received over 1,400 ticket applications, surpassing expectations and quickly accumulating over 4,000 tickets. Given the initial supply of 139 units, the oversubscription rate reached a remarkable 27 times, reflecting high market acceptance and enthusiastic demand for Golden Bay - Yilan.

The majority of buyers for this project are concentrated across various regions of Hong Kong, with approximately 70% from the Western New Territories, 20% from the Eastern New Territories, and the remaining 10% from Kowloon and Hong Kong Island. More than half of the buyers are purchasing for self-occupancy, showing particular preference for the project's open-plan layouts. Some buyers are targeting units priced below HKD 2 million. Additionally, 2-bedroom units are favored by many family customers, especially those currently residing in the area who are looking to upgrade.

28hse.com

Brian But, Executive Director of Midland Realty Residential, noted that the overall market atmosphere is positive, attracting more potential buyers to visit and apply for entry tickets. Among the ticket applicants, approximately 60% are buying for self-occupation, while about 40% are investors. He expects that after the project is completed, rental expectations for units will reach HKD 40 per square foot, with rental yields exceeding 4%. In terms of unit preferences, the initial price list covers open-plan, 1-bedroom, and 2-bedroom units, each attracting about 30% of buyers, indicating a balanced market demand.

The initial price list for Golden Bay - Yilan comprises 139 units ranging in size from 206 square feet to 444 square feet, offering a variety of layouts from open-plan to 2-bedroom options. Prices range from approximately HKD 2.093 million to HKD 4.965 million, with per square foot prices ranging from HKD 10,122 to HKD 13,511. To incentivize buyers, developers offer discounts of up to 12%, adjusting the discounted selling prices to approximately HKD 1.842 million to HKD 4.369 million, with discounted per square foot prices ranging from approximately HKD 8,908 to HKD 11,889, and an average discounted price of approximately HKD 9,988 per square foot, slightly higher than the average prices of surrounding new developments by about 10% from the same period last year.

Among specific unit types, the lowest-priced unit is located in Block 5B, 8th floor, Unit K, with an area of 206 square feet, an open-plan layout, priced at HKD 2.174 million, with a per square foot price of HKD 10,553. After discount, the discounted selling price is approximately HKD 1.842 million, with a discounted per square foot price of approximately HKD 8,942. The highest-priced unit is located in Block 3, 8th floor, Unit C, with an area of 421 square feet, a 2-bedroom open-plan kitchen layout, priced at HKD 4.965 million, with a per square foot price of HKD 11,793. The discounted selling price is approximately HKD 4.369 million, with a discounted per square foot price of approximately HKD 10,378.

Golden Bay - Yilan is situated at 18 Shouson Hill Road, offering a total of 1,323 units in two phases of development. The project's unique feature is that over 70% of the units enjoy sea views in the Shouson Bay area, with its location near the seafront allowing residents to walk to Golden Beach in approximately 2 minutes, providing a unique bay living experience. These features make Golden Bay - Yilan stand out among many seafront developments, becoming a focus of interest for many prospective buyers.