Kai Tak Harbour Phase 2 Records Six Transactions in Single Day, Crossing HK$10.8 Billion Milestone
SingTao · 3 SOURCES1 day ago2 MIN
Summary
The Kai Tak Harbour residential project, jointly developed by K. Wah International Holdings (stock code: 173), Wheelock Properties, and China Overseas Land & Investment (stock code: 688), achieved six property transactions on September 28, 2026, netting approximately HK$40 million . The day's sales comprised five one-bedroom units and one two-bedroom unit, reflecting sustained demand from both end-users and long-term investors in Hong Kong's Kai Tak redevelopment zone .
Key Points
- Kai Tak Harbour Phase 2 sold six units on September 28, including five one-bedroom flats and one two-bedroom unit, for a combined HK$40 million
- Tower 1A, 8/F, Flat M (481 sq ft) sold for HK$10.318 million, equating to HK$21,451 per sq ft — a rare two-bedroom layout featuring an independent kitchen
- The Kai Tak Harbour series has cumulatively sold 1,298 units, with total proceeds surpassing the HK$10.8 billion mark
- Two new full-day bus services — route 20X (circular line to Tsim Sha Tsui and Jordan, approximately 10 minutes) and route 22S (linking MTR Kai Tak and Sung Wong Toi stations) — officially launched on September 28 in the Kai Tak Runway Area
- Kai Tak Harbour Phase 2 offers 1,121 units ranging from studios to three-bedroom apartments, with saleable areas from 258 to 771 sq ft
Why It Matters
The launch of dedicated bus routes 20X and 22S addresses a longstanding transportation gap in the Kai Tak Runway Area, directly enhancing liveability and investment appeal for the 1,298 households already settled in Kai Tak Harbour . With Phase 2 adding 1,121 more units to an already thriving residential community, improved public transit connectivity signals the government's commitment to completing Kai Tak's transformation into a premier urban development hub .
The launch of dedicated bus routes 20X and 22S addresses a longstanding transportation gap in the Kai Tak Runway Area, directly enhancing liveability and investment appeal for the 1,298 households already settled in Kai Tak Harbour . With Phase 2 adding 1,121 more units to an already thriving residential community, improved public transit connectivity signals the government's commitment to completing Kai Tak's transformation into a premier urban development hub .