Yuexiu Names Yau Tong Project 'THE ATLAS' with 1,339 Units, Launch Imminent
SingTao · 2 SOURCESabout 3 hours ago5 MIN
Summary
Yuexiu Property has officially launched its flagship Yau Tong residential project under the name 'THE ATLAS', marking a significant addition to Hong Kong's eastern waterfront housing supply. The development, situated at Tung Yuen Street in Kowloon East, comprises five residential towers providing a total of 1,339 units, with all three phases having obtained pre-sale consents . The project represents Yuexiu's continued expansion in Hong Kong's property market, positioning itself to capture demand from buyers seeking waterfront living in the Kowloon East district.
Key Points
- Yuexiu Property's Yau Tong development spans five residential towers across three phases, delivering 1,339 units in total
- Phase 1 (Towers 3 and 5) contains 617 units with sizes from 242 to 721 square feet, covering one- to three-bedroom configurations
- Phase 2 comprises Towers 1 and 2 with 617 units, while Phase 3 features Tower 6 with 105 units
- The project's name 'Kying' (擎) symbolizes bearing and supporting, while 'Hoi' (海) reflects its prominent Victoria Harbour waterfront location
- Sales gallery preparation is nearly complete, and pricing will benchmark against similar waterfront developments in the vicinity
- Yuexiu executives expressed confidence in Hong Kong's property market trajectory, anticipating stable and positive growth moving forward
Why It Matters
The launch of THE ATLAS introduces substantial new housing supply to Yau Tong, an area benefiting from ongoing infrastructure improvements and the relocation of cement factories that has enhanced neighbourhood desirability . As the first major new development from a Mainland-backed developer in Kowloon East this year, its reception will serve as an important barometer for buyer sentiment and pricing benchmarks in the broader Hong Kong residential market .
The launch of THE ATLAS introduces substantial new housing supply to Yau Tong, an area benefiting from ongoing infrastructure improvements and the relocation of cement factories that has enhanced neighbourhood desirability . As the first major new development from a Mainland-backed developer in Kowloon East this year, its reception will serve as an important barometer for buyer sentiment and pricing benchmarks in the broader Hong Kong residential market .