business · Thestandard

33 Clear Water Bay Phase 1 launches 73 flats Sunday

about 3 hours ago1 MIN
33 Clear Water Bay Phase 1 launches 73 flats Sunday

Summary

Kowloon Development said 33 Clear Water Bay Phase 1 in Ngau Chi Wan will sell 73 units on Sunday, adding a new batch of homes to the primary market. The offering covers 58 two-bedroom units and 15 three-bedroom units, with saleable areas ranging from 492 to 536 square feet. After discounts, prices range from HK$10.13 million to HK$14.43 million, equivalent to HK$19,981 to HK$27,587 per square foot. The developer has also opened a show flat based on a 492-square-foot two-bedroom layout in Block 2 ahead of the sale.

Key Points

  • The Sunday sale at 33 Clear Water Bay Phase 1 involves 73 units in total at the Ngau Chi Wan project developed by Kowloon Development.
  • The batch comprises 58 two-bedroom flats and 15 three-bedroom flats, with unit sizes spanning 492 to 536 square feet.
  • Discounted prices run from HK$10.13 million to HK$14.43 million, translating to HK$19,981 to HK$27,587 per square foot.
  • The developer unveiled a show flat modelled on Flat B, 18th floor, Block 2, a 492-square-foot two-bedroom unit.
  • A comparable unit, Flat B on the 9th floor of Block 2, will be offered on Sunday at HK$10.53 million after discount.

Why It Matters

For Hong Kong homebuyers, the launch gives a clearer price reference for new flats in Ngau Chi Wan, especially for mid-sized two-bedroom and three-bedroom units. It also shows how developers are using discounted pricing and show flats to draw buyers ahead of a weekend sale.

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