33 Clear Water Bay launches 73 flats from HK$10.13 million
SingTao · 2 SOURCES1 day ago1 MIN
Summary
Kowloon Development has unexpectedly unveiled the first price list for Phase 1 of 33 Clear Water Bay in Ngau Chi Wan, offering 73 units in its initial batch. The flats are priced from HK$10.131 million after discounts, with the first round of sales scheduled for Sunday on a first-come, first-served basis.
Key Points
- The first price list covers 73 flats, including 58 two-bedroom units with a utility room and 15 three-bedroom units, measuring 492 to 536 square feet.
- List prices range from HK$10.664 million to HK$15.193 million, with price per square foot from HK$21,034 to HK$29,039.
- Under the 90-day cash payment plan, buyers can receive a 5% discount, bringing discounted prices to HK$10.131 million to HK$14.433 million.
- Discounted price per square foot ranges from about HK$19,982 to HK$27,587, while the discounted average price is about HK$23,921 per square foot.
- The cheapest flat is Flat D on the 9th floor of Tower 2, a 507-square-foot two-bedroom unit with utility room, priced at HK$10.131 million after discount
Why It Matters
The launch gives the market a clearer benchmark for how Kowloon Development is positioning a new urban project in Ngau Chi Wan after earlier sales by tender. With more than 2,000 enquiries and 16 units already sold by tender, the Sunday launch will be watched for demand from young families, upgraders and investors.