33 Clear Water Bay Phase 1 priced below Kai Tak stock
On.cc · 1 SOURCESabout 3 hours ago4 MIN
Summary
Centaline executive Chan Wing-kit (陳永傑) said the pricing of the first batch at 33 Clear Water Bay Phase 1 came in below the asking levels of remaining unsold new flats in Kai Tak, making the project relatively attractive to buyers. He made the remarks on October 21, the same day the report was published. The source framed his view around comparative pricing between the Clear Water Bay project and existing primary-market stock in Kai Tak. No further pricing figures or unit breakdowns were provided in the available source excerpt
Key Points
- Centaline’s Chan Wing-kit said 33 Clear Water Bay Phase 1 was priced below remaining unsold new-home stock in Kai Tak
- He said that relative pricing gave the project a certain degree of attractiveness in the current new-home market
- The comments were reported by on.cc in a finance story published at 5:50:13pm on October 21
- The project discussed was specifically Phase 1 of 33 Clear Water Bay, rather than the wider development as a whole
- The available source excerpt did not disclose exact price levels, flat sizes, or the number of units in the batch
Why It Matters
For Hong Kong homebuyers, the comparison suggests developers are still using district-to-district pricing to compete for demand in the primary market. For the market, comments like these indicate that unsold inventory in established new-home areas such as Kai Tak remains an important benchmark when fresh projects are launched