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Lands Department: Six bids received for residential site in Tung Chung
Tender submissions for Tung Chung Town Lot No. 54 in Tung Chung Area 106A closed at noon today (the 15th). The Lands Department announced that six tenders were received for the site. According to on-site reports, bidding developers include K Wah International (00173.HK), Kin Hon Properties, China Overseas Land & Investment (00688.HK), Sun Hung Kai Properties (00016.HK), and a joint venture between Sino Land Company (00083.HK) and Kerry Properties (00683.HK). The site covers an area of approximately 152,332 square feet and is zoned for private residential use, with an estimated provision of around 1,000 residential units.
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The fourth phase (Phase 4B) of the Hai Ying Shan development in Wong Chuk Hang will commence its bidding process this Friday, offering 34 units comprising three- and four-bedroom apartments.
The fourth phase (Phase 4B) of Ocean Gain Hill in Wong Chuk Hang, a collaborative development by Kerry Properties (00683.HK), Sun Hung Kai Properties (00083.HK), Swire Properties (01972.HK), and MTR Corporation (00066.HK), has uploaded its first sales arrangement, offering a total of 34 three- and four-bedroom units via public tender. Edward Lo, Senior Director of Sales and Marketing at Kerry Property Agency, stated that all units offered this time are part of the "Collection Privée Prestige Series," with all units facing eastward. The units are located in Tower 1A (A and B units) and Tower 1B (A units).
The 4B phase of Hai Ying Mountain in Wong Chuk Hang, under the 'Prestige Series,' comprises 170 units, including three- and four-bedroom luxury residences.
The fourth phase (4B) of the Ocean Pride development in Wong Chuk Hang, jointly developed by Kerry Properties (00683.HK), Sino Land (00083.HK), Swire Properties (01972.HK), and MTR Corporation (00066.HK), has officially been named the "Prestige Collection." Tang Yiu-Chung, Executive Director and General Manager of Hong Kong at Kerry Development, stated that the "Prestige Collection" includes 170 units, comprising four-bedroom and three-bedroom luxury residences. Market expectations suggest that these units will be highly sought after, and the developers will announce sales arrangements shortly. Douglas Woo, Director of Residential at Swire Properties, noted that all four-bedroom units feature private lift lobbies, ensuring a high level of exclusivity.
Kerry Properties (00683.HK) has sold a four-bedroom apartment at The Tamar for HKD 215 million.
Kerry Properties (00683.HK) has successfully sold a renovated luxury flat at Mont Verra, located in Kowloon's upscale residential area, today (4th). This marks the fifth transaction of the year, reflecting an ongoing positive market sentiment. The latest sold unit is a renovated apartment on the 2nd floor, unit B, of building 6 at Mont Verra. With a usable area of 4,390 square feet, the layout includes four bedrooms, each with its own en-suite bathroom, plus two additional maid’s rooms. It was sold for HKD 215 million, equating to approximately HKD 48,975 per square foot of usable area. The sale price also includes two residential parking spaces. To date, the project has accumulated sales of 49 units, with total transaction value exceeding...