KT Marina II Launches 118 Units Starting at HK$5.6 Million in Kai Tak
Thestandard · 1 SOURCESabout 4 hours ago1 MIN
Summary
KT Marina II in Kai Tak launched a new price list for 118 units on Sunday, with discounted prices starting at HK$5.6 million. The residential project, co-developed by three major developers, has achieved strong sales performance, having sold 106 units since last Friday and generating approximately HK$900 million in revenue. The new batch includes a mix of one-bedroom and two-bedroom units catering to different buyer preferences.
Key Points
- The 118 units were released with discounted prices ranging from HK$5.6 million to HK$12.19 million
- Unit sizes span from 288 to 481 square feet, with price per square foot ranging from HK$18,301 to HK$26,976
- The new batch comprises 77 one-bedroom units and 41 two-bedroom units
- Since last Friday, the project has sold 106 units, cashing in about HK$900 million
- The project is co-developed by K Wah International (0173), Wheelock Properties, and China Overseas Land and Investment (0688)
Why It Matters
The strong sales performance of KT Marina II, with 106 units sold within two days generating HK$900 million, signals robust demand for new residential properties in the Kai Tak development area, which could influence future pricing strategies for other developers in the region .
The strong sales performance of KT Marina II, with 106 units sold within two days generating HK$900 million, signals robust demand for new residential properties in the Kai Tak development area, which could influence future pricing strategies for other developers in the region .