1,000+ Reviews

Mainland Firm Got Kai Tak Site for HK$8.8 billion, AVA 55 Average Prices At HK$17,880/sqft

Hong Kong Property | November 3, 2016

Mainland Firm Bought Kai Tak Site for HK$8.8 billion
A mainland firm Hongkong Island Construction Properties acquired a Kai Tak residential site for HK$8.837 billion, 1.5 times over the market evaluation. The site occupies 121,224 square feet and the land price per square foot reaches HK$13,500, making it the highest record in the district.

AVA 55 Average Prices At HK$17,880/sqft
AVA 55 announced the first price list for its initial batch of 38 units yesterday. The price ranges from HK$3.29 to 7.46 million, whilst HK$19,109 to 24,018 per square foot. The developer MT Sister will offer a maximum of 10% discount that the average discounted price per square feet is HK$19,300. The cheapest studio apartment costs HK$2.96 million or HK$17,880 per square foot, with a size of 166 square feet.

For more information on property news and prices, please visit our website at

Recommended Articles

1/4 News Roundup: Grand Yoho Prices at Yuen Long's Record High, One Kai Tak (II) To Launch Price List Tomorrow

Hong Kong Property | January 4, 2017

1/23 News Roundup: The Pavilia Bay Continued to Receive Overwhelming Responses, Only 4 Secondary Home Deals Recorded in 10 Major Estates

Hong Kong Property | January 23, 2017

4/21 News Roundup: Eight Regency First Batch of 118 Flats Sold Out, Henderson to Launch Two Hong Kong Island Projects

Hong Kong Property | April 21, 2017

Subscribe to Our Blog

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

Exit mobile version