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6/5 News Roundup: Victoria Skye To Launch Final 270 Units, Ocean Pride Received Over 3,000 Subscriptions

  • By
  • Asif Ghafoor
  • June 5, 2017

Victoria Skye To Launch Final 270 Units
K&K Property launched the final price list for its Kai Tak project Victoria Skye, priced from HK$6.15 million to HK$68.88 million, or HK$22,047 to HK$43,979 per square foot. The latest batch comprises 270 units with sizes ranging from 266 to 1,858 square feet. The project, with a total of 822 flats in six towers, has seen 497 flats sold so far, said Tony Cheng, K&K Property investment manager.

Ocean Pride Received Over 3,000 Subscriptions
Cheung Kong Property will launch the third batch of sales at its Ocean Pride project next to Tsuen Wan West Station tomorrow, at an average per square foot price of HK$17,500. The developer has received over 3,000 subscriptions so far. The project will provide 970 flats of between 370 and 1,149 square feet in the first phase.

Weekend Second Home Sales Drop Drastically
In the secondary market, Midland Realty reported only 4 transactions over the weekend at the 10 major housing estates that it tracks, the lowest since the first week of February. Deals were recorded at Taikoo Shing and Kornhill in Quarry Bay, Mei Foo Sun Chuen in Lai Chi Kok and Kingswood Villas in Tin Shui Wai. Centaline Property recorded 6 deals over the weekend at the major estates that it track. The launch of new projects has diverted purchasing power from the secondary market to the primary market, said Louis Chan Wing-kit, Centaline Property Asia-Pacific residential chief executive.

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