Sun Hung Kai Properties announced yesterday the release of the third price list, featuring 170 new units, with an average per square foot price of HKD 12,437, representing a 6.9% increase from the previous price list. These new units, located in high-rise buildings with premium views, come with an associated increase in prices.

The newly introduced units range in size from 303 to 696 square feet, offering diverse floor plans, including one to three-bedroom options and three special units with connected platforms.

Among them, the lowest-priced one-bedroom unit is Unit A6 on the 16th floor of Block 2A, covering an area of 303 square feet, with a per square foot price of HKD 12,295. The highest-priced three-bedroom unit is Unit A1 on the 40th floor of Block 2A, with an area of 696 square feet and a realizable selling price of HKD 10.97 million, equating to a per square foot price of HKD 15,763. After two rounds of releases, YOHO WEST has launched a total of 613 units, accounting for 44% of the entire project.

Sun Hung Kai Properties also announced that the first round of sales is scheduled for the 2nd of next month, featuring a total of 350 units with prices ranging from HKD 2.9996 million to HKD 10.998 million. Buyers will select floors in groups, with large buyers having priority subscription rights, provided they purchase at least one three-bedroom unit or at least two designated units. Each group of buyers can purchase up to four units.

The sales gallery for YOHO WEST is located in the V Walk Mall near the Nam Cheong Station, and in recent days, it has been experiencing a continuous flow of visitors.

According to market sources, the project has received over 12,000 subscription forms to date, and with 350 units available in the first round of sales, the oversubscription rate has reached 33.3 times. The subscription deadline is set for this Thursday (30th).

YOHO WEST is situated at 1 Tin Yan Road, above the Tin Shui Wai Station, and this release comprises the first phase of 1,393 units, expected to be completed and occupied by the end of September next year. The project has a relatively short construction period of around 10 months, classified as a short-term presale project. It's important to note that the first round of sales of 350 units does not include open-plan units.

The robust sales and high subscription figures for Sun Hung Kai Properties' YOHO WEST project clearly indicate strong market interest and reflect the current vibrancy of the Hong Kong property market.