China Resources Ruijing I Launches with 313-sq-ft Show Flat, Prices from HK$5.3M
AM730 · 2 SOURCESabout 1 hour ago4 MIN
Summary
China Resources Land Overseas has launched pre-sales for Ruijing I (叡璟I), a new residential project in Southwest Kowloon, releasing 102 units with prices starting from HK$5.298 million after discount . The project features a 313-sq-ft one-bedroom show flat that highlights smart home technology, high-end appliances, and efficient space design targeting investors, overseas returnees, and mainland professionals .
Key Points
- The show flat at Unit B, 28/F, Tower 3B showcases a one-bedroom unit with open kitchen, featuring Lockly smart electronic lock supporting fingerprint, password, access card, and Bluetooth unlocking
- Kitchen equipped with SIEMENS induction cooktop, built-in steam oven, built-in washer-dryer, and FOTILE range hood with patented smoke extraction technology
- Project comprises 507 units across Tower 3A and 3B, with sizes ranging from 267 to 680 sq ft; parking facilities offer 491 spaces on B1 and B2 levels
- First price list of 102 units ranges from HK$5.298 million to HK$12.371 million, with average discounted price at HK$17,880 per sq ft, representing significant discount to nearby Victoria Harbour II
- Special incentives include up to 18% total discount for China Resources employees and Kai Tak Yun Ding property owners, with expected key date set for November 25, 2028
Why It Matters
The launch pricing of Ruijing I at HK$17,880 per sq ft, nearly 33% lower than Victoria Harbour II's 2021 launch price, signals competitive pricing strategies among developers in a cautious property market . The project's focus on smart home features and compact, functional designs reflects evolving buyer preferences toward technology-integrated living spaces in Hong Kong's high-density residential environment .
The launch pricing of Ruijing I at HK$17,880 per sq ft, nearly 33% lower than Victoria Harbour II's 2021 launch price, signals competitive pricing strategies among developers in a cautious property market . The project's focus on smart home features and compact, functional designs reflects evolving buyer preferences toward technology-integrated living spaces in Hong Kong's high-density residential environment .