This weekend sees another surge of activity in the Hong Kong property market, with multiple new developments launching to meet market demand. Projects in popular areas like Tseung Kwan O and Kai Tak are particularly drawing attention.
Firstly, Park Seasons by Emaar Properties in Tseung Kwan O's Park City Sunrise is confirmed to launch a new round of sales this Saturday, with plans to release 154 new units. The new units include platform-connected characteristic units and standard units, ranging from 1 to 2 bedrooms with sizes ranging from 283 to 496 square feet. Simultaneously, the Tian Loong project in Kai Tak has kicked off a new round of sales tender today, with plans to release 118 units. The JKO Hoi Yan Court, under Nine Golden Builders, also announced new sales arrangements, with a limited release of 20 units. Additionally, Sun Hung Kai Properties' Imperial Cove II project in Tuen Mun has also added 2 units for sale.
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Since its soft launch, Park Seasons has sold 722 units, with the entire project expected to be completed and handed over by the end of November 2025. Sales will be conducted through a lottery system, with buyers required to register the day before sales commence. On the day of sale, selection will be done in two groups, with the large hand group having priority to purchase 3 to 6 units; subsequently, the B group selection process will take place, with each group of buyers allowed to purchase 1 to 2 units.
Additionally, Tian Loong project in Kai Tak plans to launch 118 units via tender from tomorrow until the 22nd of next month. These units consist of 3 and 4-bedroom layouts, ranging from 1002 to 1428 square feet.
In addition to Tseung Kwan O and Kai Tak, JKO Hoi Yan Court in Tseung Kwan O, also under Nine Golden Builders, will release 20 units this Saturday alongside Park Seasons. The Hoi Yan Court project has sold over 1100 units, with a total of 1556 units available throughout the project.
In the Hong Kong property market, a total of 8 developments are launching new units for sale or tender this week, involving over 370 units, demonstrating the continued vigor of the Hong Kong property market. This new wave of excitement in the Hong Kong property market has attracted widespread investor attention, with major developers actively meeting market demands.