Hong Kong Property

17/8 News Roundup: Parc City prices 20% lower than Ocean Supreme, Ocean Supreme to roll out 80 units this Saturday

Spacious’ View: Parc City vs Ocean Supreme: Developers are going head to head in Tsuen Wan, signaling good news for HK home buyers.   Parc City prices 20% lower than Ocean Supreme Two of Hong Kong’s major developers appear to be locked in a local price war, with Chinachem Group offering a residential project in Tsuen Wan on Wednesday at …

Asif Ghafoor - August 17, 2017

10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units

One Kai Tak (II) launched another 119 flats China Overseas Land & Investment will release for sale an additional 119 units on Sunday at its One Kai Tak project phase two. The latest batch features two and three-bedroom units, sized between 524 and 799 saleable square feet, at an average per square foot price of HK$24,400 – 2% up compared …

Asif Ghafoor - August 10, 2017

9/8 News Roundup: Novi prices up 5% for the last 40 units, One Kai Tak (II) receiving 3.5x subscriptions

Novi prices up 5% for the last 40 units After selling all 98 units from the first two price lists, Lai Sun rolled out the last 40 units from its Mong Kok new project – Novi and will offer them for sale soonest this week. The average discounted price is HK$20,530 per square foot, about 5% rise from last week’s …

Asif Ghafoor - August 9, 2017

8/8 News Roundup: One Kai Tak rolling out another 108 flats, Edition 178 received 2,400 subscriptions

One Kai Tak rolling out another 108 flats China Overseas Land and Investment is to roll out 108 flats at One Kai Tak Phase 2, priced at HK$18,709 to HK$24,773 per square foot. The latest batch for sale accounts for 17% of the total units, with sizes ranging from 375 sellable square foot one-bedroom flats to 799 square feet three-bedroom …

Asif Ghafoor - August 8, 2017

4/8 News Roundup: One Kai Tak (II) to issue price list soonest today, Novi received 1,000 subscriptions

One Kai Tak (II) to issue price list soonest today Kai Tak new development district is becoming the market focus again, as China Overseas is ready to launch the remaining units from Tower 5 of One Kai Tak (II). The developer said yesterday that it would issue the price list and open show flats of tower 5 soonest today. Tower …

Asif Ghafoor - August 4, 2017

3/8 News Roundup: Edition 178 pricing from HK$3.14m, July’s home sales drop 30.9%

Edition 178 pricing from HK$3.14m In Kwai Chung, Team Worldwide’s latest residential project Edition 178 released the price list for the first batch of 55 flats, with an average per square foot price of about HK$15,900 while the cheapest unit has a discounted price of HK$3.14 million. This nano-flat project provides studio flats to two-bedroom homes, with sizes ranging from …

Asif Ghafoor - August 3, 2017

2/8 News Roundup: 3,700 Lohas Park flats rolling out this year, Novi to put 98 units on sale this Sunday

3,700 Lohas Park flats rolling out this year Wheelock & Co yesterday said that it expects to start selling flats at its 10 Muk Ling project in Kai Tak from the third quarter of this year. The company is currently awaiting approval of the pre-sale consent for the project, which will provide 648 apartments. Wheelock added that it will also …

Asif Ghafoor - August 2, 2017