SHKP's Acting General Manager, Mr. Hu Zhiyuan, said that the selection process was completed by 4pm and 190 units were sold. Sun Hung Kai deputy managing director Lui Ting said the University Hill development had sold more than 900 units in less than a month, generating about $6.3 billion in cash. The development still has about 300 units left and plans to reserve them for sale until the fourth quarter, when it will be ready for occupation.
University Hill Phase 2B went on sale yesterday with a third round of 222 units, ranging from open-plan to three-bedroom units, at a discounted price of $3,277,700 to $11,029,600, with square footage ranging from $13,024 to $19,932. According to Mr. Wu, buyers of University Hill include many branch families and property exchange customers, mainly because of the project's comprehensive facilities, proximity to the planned MTR Science Park/Pak Shek Kok Station and low density development.
The sales brochure for Phase 2A of NOVO LAND, also in Tuen Mun, was released yesterday, and Thunder said the development will announce its first price list and open for show flats early next week. According to the sales brochure, the phase consists of three towers offering 929 units ranging from open-plan to three-bedroom units, with additional feature units ranging from 216 to 1,528 sq ft, with an estimated key date of 16 May 2024. SHKP's Acting General Manager, Mr H L Chan, said the first price list will be for no less than 186 units, including open-plan to three-bedroom units.
Seeing that there is a market for luxury properties, SHKP's long-established Kowloon Station Sky Seal revised its price list yesterday, increasing the price of Room D on the 75th floor of the Sky Diamond Seal by 5% to 1,422 square feet, with the price list priced at $72,726 per square foot from $98.491 million to $103.4 million for sale on Sunday.
Henderson Land's partnership with Wheelock Properties, China Overseas, Chinachem, New World and Empire for the development of 120 additional waterfront units at Kai Tak Skyrail will be put up for tender from Sunday 28th.
Henderson Property Agency Director and General Manager, Sales (2) said that the units to be tendered range from 836 to 1,942 square feet in size and include three-, four-bedroom and specialty units.
