Recently, a new development will be launched in Yau Tong, Kowloon East, which is located at 29 Ko Chiu Road. It consists of 2 buildings, offering 634 units of flatted residential units ranging from 246 to 1,601 sq. ft.
These include 631 standard flatted units ranging from open plan to 3-bedroom, with saleable areas from 246 sq ft to 730 sq ft, mainly 1-bedroom and 2-bedroom units, accounting for nearly 85% of the project.
One-bedroom units account for 285 units, with saleable area from 305 to 364 square feet; two-bedroom units account for 252 units, with saleable area from 466 to 589 square feet; three-bedroom units account for 31 units, with saleable area of 730 square feet.
The open-plan units range from 246 to 261 sq. ft. with 63 units, and the 3-unit penthouse units range from 714 sq. ft. to 1,601 sq. ft. to meet the needs of different families. There are also 40 residential parking spaces and 6 motorcycle parking spaces.
The project is expected to have a key date of March 31, 2025. Pre-sale consent has been granted for the project, with the possibility of sales in November. There will be 4 show flats.
In fact, new flats are always in demand in the urban area, except for Kai Tak and Tseung Kwan O which are the main supply of new flats in Kowloon East, there is not much supply in other areas, and it is even rarer to find a residential project that combines prosperity and tranquility in a mid-level location.
In addition, the Yau Tong community is already very mature, with large shopping malls, sports centres, parks and other recreational facilities, as well as prestigious schools and international schools in the vicinity, which is believed to attract many young office workers in the core business district in addition to the local area.
The project's biggest advantage is that it is built on a hillside with a green mountain view, and it is also close to the MTR Yau Tong Station and multiple traffic arteries, which connects the three core business districts of Hong Kong Island East, Kowloon East and Central, and is one stop away from Hong Kong Island.
The project is a 6-minute walk from the Yau Tong MTR station, which is a perfect railroad network with the advantage of double interchange, one stop to Quarry Bay, two stops to Kwun Tong, and a multi-lane traffic trunk road, building a 15-minute instant access to the three core business districts of Hong Kong Island East, Kowloon East and Central.
The project is a new project under the concept of "Energizing Kowloon East", and the 2022 Policy Address has repeatedly mentioned the Energizing Kowloon East project, which will be connected to the local district through an automated pedestrian underpass to achieve the concept of "Ease of Access to Kowloon East".
The Government has been planning to build Hong Kong's second core business district as its vision, of which the commercial floor space supply in Kowloon East has increased from 1.7 million square meters in 2012 to 2.9 million square meters at present, an increase of up to 70%.
The Government is also actively working to transform Kowloon East from a traditional industrial area into an attractive core business district by enhancing the pedestrian environment, transforming public space and operating various activities.
At the same time, the project's proximity to Lei Yue Mun is a rare example of preserving the natural coastline and providing a beautiful view of the waterfront. Lei Yue Mun is also unique in that it is a long-established indigenous settlement in Hong Kong.
The narrow estuary makes this place an excellent natural shelter, and today it is a seafood lover's paradise with plenty to see and do in addition to the food and attractions that make Lei Yue Mun such a contrast to the hustle and bustle of urban Hong Kong. But it is actually just a few steps away from the MTR Yau Tong Station.
