ONE STANLEY Launches Golden Week Luxury Home Promotion, Seafront Villa to Go on Tender Friday
On.cc · 1 SOURCESabout 3 hours ago5 MIN
Summary
Kensington (建灝地產) has launched a National Day Golden Week promotion for its ONE STANLEY luxury residential project in Stanley, partnering with Midland Realty and Hong Kong Property Services to offer the first three buyers luxury travel vouchers worth HK$220,000 each. The developer will tender the project newest seafront villa on Friday (October 2), while announcing plans to raise internal price guidance for all unit types after October 1. The market data underscores robust demand for Hong Kong Island luxury properties, with transactions exceeding HK$50 million already surpassing last years full-year total.
Key Points
- ONE STANLEY is located on Wong Ma Kok Road in Stanley and has sold 58 units generating over HK$6.2 billion in revenue as of September 28
- The National Day Golden Week promotion runs from September 28 to October 23, with the first three buyers receiving HK$220,000 luxury travel vouchers each (total incentive value HK$660,000)
- The newly launched Villa 7 features 4,728 square feet of saleable area with four en-suite bedrooms, a study, private garden entrance, private pool, rooftop, and private elevator connecting all floors
- Hong Kong Island recorded approximately 213 transactions exceeding HK$50 million in the first nine months of 2026, surpassing the 195 transactions recorded for all of last year by 9.2%
- Stanley district saw 27 primary transactions worth approximately HK$2.9 billion in the first nine months, representing increases of roughly 50% in volume and 70% in value compared to the same period last year
Why It Matters
The surge in Hong Kong Island luxury property transactions reflects sustained confidence among ultra-high-net-worth buyers in the city prime residential market, even as overall transaction volume remains relatively flat. The ONE STANLEY promotion and upcoming tender sale demonstrate how developers are leveraging holiday periods and targeted incentives to capture this resilient demand, while the anticipated price increase signals expectations that luxury property values will continue their steady upward trajectory through the remainder of 2026 .
The surge in Hong Kong Island luxury property transactions reflects sustained confidence among ultra-high-net-worth buyers in the city prime residential market, even as overall transaction volume remains relatively flat. The ONE STANLEY promotion and upcoming tender sale demonstrate how developers are leveraging holiday periods and targeted incentives to capture this resilient demand, while the anticipated price increase signals expectations that luxury property values will continue their steady upward trajectory through the remainder of 2026 .