DOUBLE COAST III Sells 6 Units for HK$37.54M as Kai Tak Demand Rises
SingTao · 1 SOURCESabout 3 hours ago1 MIN
Summary
Wheelock Properties' DOUBLE COAST III at Kai Tak has recorded six consecutive unit sales, generating approximately HK$37.54 million in recent days. The highest-priced unit achieved HK$20,869 per square foot. Vice Chairman and Managing Director Wong Kwong-yiu said the government's first Five-Year Plan and 2026 Policy Address measures would boost market confidence. The project has sold 574 units in total, netting nearly HK$4.55 billion.
Key Points
- Six units at DOUBLE COAST III sold recently for nearly HK$37.54 million, with the top unit at HK$20,869 psf
- Unit E on 30/F of Tower 1A, a 2-bedroom open-kitchen flat, sold via tender for over HK$8.95 million
- Buyers include local families, young first-time buyers, high-end investors, mainland talents and professionals
- Project advantages include waterfront ready-for-occupation status and comprehensive facilities in Kai Tak
- Kai Tak Smart Green Mass Transit System approved this year and expected to complete by 2031
Why It Matters
The sales momentum at DOUBLE COAST III reflects sustained demand for premium waterfront properties in Hong Kong's emerging Kowloon core. Combined with infrastructure developments and talent inflow policies, Kai Tak's residential market continues to attract diverse buyer segments, signaling confidence in the area's long-term growth potential.
The sales momentum at DOUBLE COAST III reflects sustained demand for premium waterfront properties in Hong Kong's emerging Kowloon core. Combined with infrastructure developments and talent inflow policies, Kai Tak's residential market continues to attract diverse buyer segments, signaling confidence in the area's long-term growth potential.