Mong Kok Project Reflection Residence Launches HK$100,000 Purchase Promotion as Final 15 Units Released
On.cc · 2 SOURCESabout 1 hour ago2 MIN
Summary
Kroll Property Group and the Urban Renewal Authority have released their final 15 units at Reflection Residence in Mong Kok, offering a new purchase promotion worth HK$100,000 as the project nears completion. The development, located at 3 Argyle Street, has already sold 107 of its 122 units for over HK$738 million. With the occupation permit recently obtained, the developer is extending showroom hours and plans to open completed units for viewing in early November, positioning the project as a near-completed residential option in one of Kowloon's most connected neighborhoods.
Key Points
- Five successful buyers will each receive HK$20,000 in prizes under the "Pre-Completion Purchase Privilege" scheme, with a total budget of HK$100,000 distributed on a first-come, first-served basis
- The final 15 units include five penthouse units with rooftop access and 10 standard units on high floors between the 22nd and 27th floors, all featuring bedroom-plus-study layouts
- After applying the maximum 12% discount, net prices start from HK$7.492 million with net prices per square foot from HK$22,101
- The project has achieved sales of 107 units totaling over HK$738 million since launch, with the key date set for October 31, 2026
- Showroom hours will be extended through September, with completed units scheduled to open for viewing in early November
- Reflection Residence sits near both MTR Olympic and Mong Kok stations, approximately five minutes from the Hong Kong West Kowloon High Speed Rail Terminal
Why It Matters
This final release represents the last opportunity for buyers to enter one of Mong Kok's newest residential projects before completion, with developers signaling potential price increases once the project reaches its completed status. The timing of the promotion coincides with rising visitor numbers to showrooms, reflecting renewed buyer interest in the Kowloon residential market amid expectations of further interest rate adjustments in the second half of the year .
This final release represents the last opportunity for buyers to enter one of Mong Kok's newest residential projects before completion, with developers signaling potential price increases once the project reaches its completed status. The timing of the promotion coincides with rising visitor numbers to showrooms, reflecting renewed buyer interest in the Kowloon residential market amid expectations of further interest rate adjustments in the second half of the year .