Deep Water South Phase 6A Sells Two Units for HK$28.43 Million
Thestandard · 4 SOURCES1 day ago4 MIN
Summary
Henderson Land Development and MTR Corporation (stock code: 0066) co-developed Deep Water South, the residential project atop Wong Chuk Hang Station in the港島南岸 (港島南岸) development. On Monday, the project's Phase 6A, branded MONT BLUE, sold two more units for a combined HK$28.43 million. The two-bedroom unit buyer purchased for self-occupancy, drawn to the high-floor views and practical enclosed kitchen layout. The one-bedroom unit buyer focused on investment potential, anticipating strong rental demand and favorable returns from this popular unit type in the area.
Key Points
- Deep Water South Phase 6A MONT BLUE sold two units on Monday, raising HK$28.43 million
- Tower 2B, 41st floor, Unit A: 577 sq ft, two-bedroom with enclosed kitchen, sold for HK$19.04 million (HK$32,990 per sq ft)
- Tower 2A, 32nd floor, Unit F: 337 sq ft, one-bedroom with open kitchen, sold for HK$9.4 million (HK$27,878 per sq ft)
- The two-bedroom buyer chose the unit for its elevated views and functional enclosed kitchen, purchasing for personal use
- The one-bedroom buyer sees strong rental prospects in the neighborhood and expects healthy rental yields
- Since its launch, Deep Water South has sold 204 units, cumulative revenue exceeding HK$3.76 billion
Why It Matters
The continued strong sales performance of Deep Water South, a flagship joint venture between Henderson Land and the city's railway operator, underscores robust demand for new residential developments in the Wong Chuk Hang area, which stands to benefit from ongoing MTR infrastructure enhancements .
The continued strong sales performance of Deep Water South, a flagship joint venture between Henderson Land and the city's railway operator, underscores robust demand for new residential developments in the Wong Chuk Hang area, which stands to benefit from ongoing MTR infrastructure enhancements .