Blue Coast II Records Dual-Unit Purchase Worth HK$73.76 Million
AM730 · 3 SOURCESabout 1 hour ago1 MIN
Summary
CK Asset Holdings (1113) and MTR Corporation (066) jointly developed the Blue Coast II project at Island South in Wong Chuk Hang. On the evening of September 15, 2026, a local buyer acquired two adjacent four-bedroom units through tender, generating HK$73.76 million in a single day. The transaction, described as a "one-customer-two-purchases" deal, reflects strong demand for premium residential units in the Southern District.
Key Points
- Units sold: Tower 3, 10/F, Units A and B at Blue Coast II, Wong Chuk Hang
- Unit A: 1,267 sq ft, sold for HK$38.26 million at HK$30,200 per sq ft
- Unit B: 1,224 sq ft, sold for HK$35.50 million at HK$29,000 per sq ft
- Both units feature 4-bedroom dual ensuite layout with storage room and bathroom
- Buyer is a local customer purchasing for self-occupation with family
Why It Matters
The substantial transaction underscores continued appetite among wealthy local buyers for large-format luxury units in Hong Kong's Southern District. With the project nearly sold out and generating approximately HK$21.5 billion in total sales, Blue Coast II demonstrates the resilience of the high-end residential market despite broader economic uncertainties. This trend may influence pricing strategies for remaining units in similar luxury developments across the territory.