Prince One Mong Kok Project to Launch 30 Units via Tender Next Week
SingTao · 1 SOURCESabout 3 hours ago1 MIN
Summary
One Edward Development Limited announced that its Prince One project on Portland Street in Mong Kok will launch its first batch of approximately 30 units through tender, with sales arrangements expected within 48 hours and earliest transactions possible as early as next week. The development, which has already secured its occupation permit, will offer viewing by appointment and targets handover by November 2026. Centaline Property has been appointed as the exclusive sales agent.
Key Points
- Prince One is located on Portland Street, Mong Kok, developed by One Edward Development Limited
- First batch of about 30 units to be sold via tender, with earliest sales next week
- Project comprises 139 units ranging from studios to 3-bedroom, sizes from 205 to 487 sq ft
- Special units on 5th floor and rooftop feature terraces or rooftop decks, sized 192 to 487 sq ft
- Centaline Property appointed exclusive agent; occupation permit obtained, handover scheduled November 2026
Why It Matters
The launch represents a significant test of buyer appetite in Mong Kok's resale and rental markets, where vacancy is low and demand from talent recruits remains active. With analysts predicting continued price recovery of up to 20% from the trough, the project's success could set benchmarks for nearby developments .
The launch represents a significant test of buyer appetite in Mong Kok's resale and rental markets, where vacancy is low and demand from talent recruits remains active. With analysts predicting continued price recovery of up to 20% from the trough, the project's success could set benchmarks for nearby developments .