1,000+ Reviews

6/2 News Roundup: Ocean Pride Prices Up 2-10% for 122 Flats, Knight Frank: Home Price to Rise 5-10%

Hong Kong Property | June 2, 2017

Ocean Pride Prices Up 2-10% for 122 Flats
Cheung Kong Property yesterday launched 122 flats at its Ocean Pride project in Tsuen Wan West at prices 2% to 10% higher than the previous batch. The average price in the latest batch is HK$17,514 per square foot, and the discounted prices range from HK$5.94 million to HK$25.16 million, or HK$12,700 to HK$22,000 per square foot. On offer are 21 one-bedroom flats, 44 two- bedroom units, 54 three-bedroom apartments and three four-bedroom flats. It has so far sold 842 units in the first phase.

Knight Frank: Home Price to Rise 5-10%
Knight Frank said it expects home prices to rise by 5% to 10% in the second half despite the Monetary Authority’s further tightening of rules on the grant of mortgage loans. Senior director and head of valuation and consultancy Thomas Lam said strong demand, with developers offering financial incentives to buyers, can support prices.

For more information on property news and prices, please visit our website at or follow our LinkedIn Page.

Recommended Articles

Kerry Provides 80% Mortgage for Mantin Heights, Two Tuen Mun Projects Roll Out Extra Flats

Hong Kong Property | October 26, 2016

3/23 News Roundup: Li Ka-Shing: Home Price Won't Fall in 1-2 Years, Vibe Centro Received Over 920 Subscriptions

Hong Kong Property | March 23, 2017

5/12 News Roundup: Record Bids On Way for Site on Murray Road, Novum West Rolled Out First Featured Unit

Hong Kong Property | May 12, 2017

Subscribe to Our Blog

Stay up to date with the latest property news and insights.