property · SingTao

Wong Tai Sin CONNEXT Sells 4 Units in One Day, Platform Unit Hits Record HK$18.88M

about 3 hours ago2 MIN
Wong Tai Sin CONNEXT Sells 4 Units in One Day, Platform Unit Hits Record HK$18.88M

Summary

Wang On Property's completed Wong Tai Sin development CONNEXT achieved strong sales on Sunday, November 8, 2026, closing four transactions worth a combined HK$44.72 million in a single day. The highlight was a three-bedroom platform unit on the 22nd floor that sold for HK$18.88 million, setting new project records for both total price and price per square foot at HK$28,348. Two-bedroom unit buyers were identified as long-term investors seeking rental income, while the record-breaking unit's buyer purchased for self-use, drawn to its rare large private outdoor space in the densely built Wong Tai Sin district.

Key Points

  • Four units sold on November 8 ranged from HK$7.29 million to HK$18.88 million, with sizes between 355 and 666 sq ft
  • Platform unit at 22/F, Unit H spans 666 sq ft interior plus 239 sq ft terrace; sold via tender at HK$28,348 psf, setting project price and per-unit price records
  • Two-bedroom buyers are long-term investors attracted by the project's proximity to Wong Tai Sin MTR Station and East Kowloon axis location
  • Project's location near Kowloon Tong's university community enhances rental yield prospects, executives noted
  • CONNEXT has sold 147 units cumulatively since launch, generating over HK$998 million in total sales revenue

Why It Matters

The record-breaking sale demonstrates sustained demand for unique residential features in Hong Kong's secondary property market, where private outdoor space commands significant premiums. The strong investor interest in two-bedroom units underscores how strategic transit connectivity and proximity to education hubs continue to underpin rental yield expectations in the East Kowloon corridor.
The record-breaking sale demonstrates sustained demand for unique residential features in Hong Kong's secondary property market, where private outdoor space commands significant premiums. The strong investor interest in two-bedroom units underscores how strategic transit connectivity and proximity to education hubs continue to underpin rental yield expectations in the East Kowloon corridor.

READ IT IN THE APP

Download on the App Store