Swire and China Motor Launch 52 Units at Habitat Phase 2 via Tender
AM730 · 1 SOURCESabout 1 hour ago2 MIN
Summary
Swire Properties (1972) and China Motor Cars (026) have announced the tender launch of 52 two-bedroom units at The Habitat Phase 2 Tower 1 in Chai Wan, scheduled for September 11 . The project has performed exceptionally well, selling 397 of 430 launched units (92%), with total sales exceeding HK$3.6 billion . The new Phase 2 units range from 585 to 601 square feet and will target buyers seeking premium living spaces with sea views and extensive amenities .
Key Points
- Swire Properties and China Motor Cars jointly developing The Habitat Phase 2 Tower 1 in Chai Wan, with 52 two-bedroom units launching via tender on September 11
- Units range from 585 to 601 square feet in saleable area, with middle to high floors offering expansive sea views
- Project has sold 397 of 430 launched units (92%), all one-bedroom standard units sold out, with remaining two-bedroom inventory limited
- Total sales have exceeded HK$3.6 billion since the project's launch
- Tower 1 provides 258 units of 2 to 4 bedrooms, ranging from 547 to 2,847 square feet, with most units enjoying sea views
Why It Matters
The strong sales performance and premium pricing of The Habitat demonstrate sustained buyer confidence in Hong Kong Island East's property market despite broader economic headwinds . The upcoming launch with shuttle services to Heng Fa Chuen Station and Cityplaza underscores developers' focus on integrated transportation connectivity as a key selling point for new projects .
The strong sales performance and premium pricing of The Habitat demonstrate sustained buyer confidence in Hong Kong Island East's property market despite broader economic headwinds . The upcoming launch with shuttle services to Heng Fa Chuen Station and Cityplaza underscores developers' focus on integrated transportation connectivity as a key selling point for new projects .