Kowloon Development's 33 Clear Water Bay Project Set for Pre-sale Launch
Thestandard · 1 SOURCESabout 1 hour ago1 MIN
Summary
Kowloon Development (stock code: 0034) is on the verge of obtaining pre-sale consent for its 33 Clear Water Bay residential development in Ngau Chi Wan, with sales brochures and show flats prepared for launch. The project links to the MTR Choi Hung Station via its mall, providing residents direct access to the Kwun Tong Line. The developer plans to release Phase 1's 361 units immediately upon receiving regulatory approval, targeting both end-users and investors .
Key Points
- Kowloon Development (0034) expects pre-sale consent for 33 Clear Water Bay project in Ngau Chi Wan shortly
- Phase 1 comprises 361 units with sizes ranging from 492 to 1,039 square feet
- Unit layouts offer two-bedroom to four-bedroom configurations to suit various buyer needs
- The project's mall connects directly to MTR Choi Hung Station on the Kwun Tong Line
- Sales launch will commence immediately upon receiving pre-sale consent from authorities
- Target buyers include both end-users seeking homes and property investors
Why It Matters
The launch of this project adds fresh supply to Hong Kong's residential market at a time when demand remains robust, potentially influencing pricing dynamics in the eastern New Territories housing sector as buyers weigh options in the Ngau Chi Wan area .
The launch of this project adds fresh supply to Hong Kong's residential market at a time when demand remains robust, potentially influencing pricing dynamics in the eastern New Territories housing sector as buyers weigh options in the Ngau Chi Wan area .