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4/5 News Roundup: Harbour Glory Pricing at HK$30,400/SqFt, City One Shatin 2-room Unit Broke Through HK$5m

Hong Kong Property | April 5, 2017

Harbour Glory Pricing at HK$30,400/SqFt
Cheung Kong Property said yesterday it will soon announce the sales arrangement of its new residential project in North PointHarbour Glory. The developer released its first price list for 76 units at the project on Monday, with the average discounted price per saleable square foot reaching HK$30,400. The flats range in size from 432 to 1,595 square feet, and at listed prices between HK$15.61 million and HK$97.28 million. Cheung Kong reportedly received about 250 subscriptions in the past two days.

City One Shatin 2-room Unit Broke Through HK$5m
A two-bedroom flat at City One Sha Tin broke through the HK$5 million mark yesterday, as a 327 saleable square foot unit sold for HK$5.09 million, or HK$15,566 per ssf. The original owner had purchased the top-floor unit – which came with a rooftop deck – in 1995 for HK$1.74 million. The previous highest price for a two-bedroom at City One Sha Tin was HK$4.95 million.

Patina en-bloc Sold to Tang Shing-bor
Phoenix Property Investors sold its residential development Patina, at 18 Junction Road, in Kowloon City en-bloc recently. The buyer is believed to be shop veteran Tang Shing-bor, who reportedly paid about HK$1.3 billion.

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