ONE STANLEY Adds Two Luxury Units for Tender Sale Starting Monday
On.cc · 2 SOURCESabout 2 hours ago2 MIN
Summary
Kinderful Land Development announced the addition of two exclusive residential units at its Stanley coastal luxury project ONE STANLEY, with tender sales commencing next Monday (July 31). The project has seen robust transaction activity with five deals recorded in the past two weeks.
Key Points
- ONE STANLEY, developed by Kinderful Land Development on Wong Ma Kok Road in Stanley, uploaded its sales arrangement on Tuesday (June 25)
- The two new exclusive units are located at Block 8, including a ground-floor garden unit and a duplex spanning floors 1-2
- The ground-floor garden unit offers 1,100 sq ft of saleable area with a 3-bedroom en-suite layout plus storage, featuring a private garden exceeding 11 meters in length
- The duplex unit (1-2/F, Unit A) spans 2,456 sq ft with 5 bedrooms and 4 bathrooms plus storage, complete with a private elevator lobby
- Project sales to date: 55 units sold for a total consideration exceeding HK$5.7 billion
- Market sentiment for luxury residential properties remains positive with anticipated price growth of 15-20% this year
Why It Matters
ONE STANLEY's latest launch reflects robust demand for ultra-luxury residential properties in Hong Kong's southern coast. With reduced expectations for US Federal Reserve rate hikes in September and active ultra-high-net-worth buyers seeking premium homes, the luxury residential market is expected to maintain its upward momentum, potentially influencing pricing strategies across similar developments in the region.
ONE STANLEY's latest launch reflects robust demand for ultra-luxury residential properties in Hong Kong's southern coast. With reduced expectations for US Federal Reserve rate hikes in September and active ultra-high-net-worth buyers seeking premium homes, the luxury residential market is expected to maintain its upward momentum, potentially influencing pricing strategies across similar developments in the region.