Lohas Park Ocean Wing Series Clinches 3 Deals Worth HK$26.36M in Single Day
SingTao · 2 SOURCESabout 2 hours ago2 MIN
Summary
The Ocean Wing series at Lohas Park, Tseung Kwan O, achieved three transactions in a single day on September 19, 2025, totaling over HK$26.36 million . The highest-priced unit was a 569-sq-ft two-bedroom-plus-study flat at Tower 1B, 70/F, Section E of Ocean Wing I, sold for HK$9.51 million or HK$16,713 per sq ft . Following the price revision on September 18, when nine units at Ocean Wing II saw increases of 0.5% to 1% , developers have scheduled 273 units for launch on Tuesday, with 120 sold via price list and 153 via tender .
Key Points
- Three units at the Ocean Wing series sold on September 19 for a combined HK$26.36 million, with transaction prices ranging from HK$7.94 million to HK$9.51 million
- Ocean Wing I Tower 1B, 70/F, Unit E: 569 sq ft, two-bedroom-plus-study layout, sold for HK$9.51 million at HK$16,713 per sq ft
- Ocean Wing II Tower 5A, 41/F, Unit C: 488 sq ft, two-bedroom with open kitchen, sold for HK$7.94 million at HK$16,273 per sq ft
- Ocean Wing II Tower 3A, 36/F, Unit A: 472 sq ft, two-bedroom with open kitchen, sold for HK$8.91 million at HK$18,876 per sq ft
- Nine units at Ocean Wing II received price increases of 0.5% to 1% on September 18, with 273 units scheduled for sale on Tuesday
Why It Matters
The robust single-day sales at Ocean Wing, coupled with price increases on selected units, demonstrate sustained buyer appetite for new developments in Hong Kong's New Territories. The upcoming launch of 273 units, with over half to be sold via tender, signals developers' confidence in commanding premium pricing from well-heeled purchasers.