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1/3 News Roundup: More One Kai Tak Flats Ready for Sale, Tseung Kwan O Home Prices Set Record

  • By
  • Asif Ghafoor
  • January 3, 2017

More One Kai Tak Flats Ready for Sale
China Overseas uploaded the sales brochure of the second phase of its One Kai Tak project on its website yesterday, indicating that it will soon launch the sale of flats in that segment. The second phase will provide 624 flats from 375 saleable square feet to 2,414 ssf. Construction of the project is expected to be completed by the end of October.

Tseung Kwan O Home Prices Set Record
Second hand home prices soar due to limited supply, while several record high price transactions were recorded in Tseung Kwan O. A 4-room unit with sea view in The Wings Phase 1 was sold at HK$21 million, setting a new record price in Tseung Kwan O’s second hand market. The 968-square-foot flat costs HK$21,694 per square foot, making it the first unit in the district with a price-per-square-foot over HK$20,000. Meanwhile, a 671-square-foot unit in La Prime in LOHAS Park was sold at HK$10,402 per square foot, also breaking the record of the estate.

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