Swire-China Motor Bus Joint Project The Headline Records Another Sale at HK$11.5 Million
AM730 · 1 SOURCESabout 1 hour ago1 MIN
Summary
Swire Properties (1972) and China Motor Bus (026) jointly developed The Headline in Chai Wan, with another unit sale recorded on July 27. The 573-sq-ft two-bedroom with ensuite sold for approximately HK$11.5 million at HK$20,068 per sq ft. The completed project show flat continues to draw strong interest.
Key Points
- Swire Properties and China Motor Bus joint development The Headline in Chai Wan recorded another sale on July 27, a 573-sq-ft two-bedroom with ensuite and open kitchen
- Transaction price was approximately HK$11.5 million, translating to HK$20,068 per sq ft
- The project features over 80,000 sq ft of resident facilities called Club Headland, offering approximately 30 indoor and outdoor amenities
- A public transport interchange at the podium is now operational, with complimentary shuttle buses to MTR Heng O Tong Station and Taikoo Shing Centre for the first two years
- Phase 1 comprises 592 units across Tower 2 and Tower 3, with unit sizes ranging from 397 to 938 sq ft
Why It Matters
The continued sales at The Headline demonstrate robust demand for quality residential projects on Hong Kong Island East. The project's strong performance underscores buyer confidence in the Chai Wan area's regeneration potential, while the comprehensive amenities and transportation connectivity set a new benchmark for development standards in the district .
The continued sales at The Headline demonstrate robust demand for quality residential projects on Hong Kong Island East. The project's strong performance underscores buyer confidence in the Chai Wan area's regeneration potential, while the comprehensive amenities and transportation connectivity set a new benchmark for development standards in the district .