Monday, August 8, 2022
 
Columnist
Martin Hennecke

Developers roll out more flats
 
22/06/2022
 
<p>Hundreds of new flats are set to hit the market with Henderson Land Development (0012) poised to release more price lists for Baker Circle Dover in Hung Hom before kicking off another round of sales on the project.</p><p>A new round of sales may take place at the weekend, Thomas Lam Tat-man, a general manager of Henderson&#39;s sales department, said.</p><p>The developer has sold 125 flats in the project worth a total of HK$900 million.</p><p>In Tuen Mun, Grand Jete - Sun Hung Kai Properties&#39; (0016) project with CK Asset (1113) - has released another batch, offering 48 units at an average price per square foot of HK$16,129 after discounts.</p><p>The first round of sales of 138 units - which comprise 79 one-bedroom, 49 two-bedroom and 10 three-bedroom units - will take place on Saturday, CK Asset said.</p><p>The 138 homes are priced from HK$4.37 million to HK$10.43 million after discounts, or from HK$13,720 to HK$17,474 per sq ft.</p><p>SHKP is also expected to put phase 1A of Novo Land in the same area on the market next month. The developer said the project, which offers 824 homes, is pending presale consent, adding that Novo Land will be developed in six phases, providing more than 4,500 flats in total.</p><p>In Tseung Kwan O, the first price list for phase 11B of Lohas Park called Villa Garda I, which provides 592 flats, may be released as soon as this week and show flats opened to the public. The project is jointly developed by Sino Land (0083), K Wah International (0173) and China Merchants Land (0978).</p>

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