Kowloon Development's 33 Clear Water Bay Phase 1 Launch Imminent
Thestandard · 1 SOURCESabout 1 hour ago1 MIN

Summary
Kowloon Development (stock code: 0034) is set to release Phase 1 of its 33 Clear Water Bay development in Ngau Chi Wan. The project spans five phases in total, with the initial release comprising 361 residential units. Unit configurations range from two to four bedrooms, with sizes between 492 and 1,039 square feet. Pricing guidance references comparable units located above the MTR station.
Key Points
- Kowloon Development (0034) is the developer behind the 33 Clear Water Bay project at Ngau Chi Wan
- Phase 1 consists of 361 units offering two-to-four bedroom layouts
- Unit sizes range from 492 to 1,039 square feet
- The project is planned across five development phases
- Prices will be guided by comparable units situated above the MTR station
Why It Matters
The launch of 33 Clear Water Bay Phase 1 adds a significant number of units to Kowloon East's residential market, with pricing guidance tied to established MTR-linked developments providing a reference point for buyers and investors assessing value in the secondary housing zone .
The launch of 33 Clear Water Bay Phase 1 adds a significant number of units to Kowloon East's residential market, with pricing guidance tied to established MTR-linked developments providing a reference point for buyers and investors assessing value in the secondary housing zone .