05 Mar With Hong Kong’s removal of property curbs unleashing a buying frenzy, here are 5 residential projects to keep an eye out for
Wheelock Properties’ Seasons Place
Wong Sun Hing Group’s Kowloon Bay project
Wong Sun Hing, a smaller developer, will release the first batch of an undisclosed number of units at its Uptown East development in Kowloon Bay in the next two weeks, it said. The project consists of two 40-floor buildings with 807 units, and a three-storey shopping centre. The units will range in size from studios to three-bedroom flats with saleable areas ranging from 235 sq ft to 3,415 sq ft.
CK Asset Holdings and MTR Corp’s Blue Coast
CK Asset and MTR Corp will soon launch their joint-venture project atop the Wong Shuk Hang Station. Blue Coast, the third phase of The Southside development, is being developed in two phases and will have 1,200 units. The first phase will provide 642 two to four-bedroom units. CK Asset’s executive director, Justin Chiu Kwok-hung, said earlier that the current cost of the property is HK$28,000 (US$3,578) per square foot. He did not disclose an estimated selling price.
Henderson Land Development’s Parkwood
Sun Hung Kai Properties’ Yoho Hub
Phase C of Yoho Hub in Yuen Long is expected to be Sun Hung Kai’s first project launch since the relaxation of Hong Kong’s property cooling curbs. The Yoho Hub project, located above the Yuen Long MTR Station, consists of six residential buildings that will provide a total of about 2,000 units ranging from one to four-bedroom flats. Phase C will have 939 units.