Largest Blanc Units at Deep Water South Achieve Over 40,000 Per Sq Ft
AM730 · 1 SOURCESabout 3 hours ago2 MIN
Summary
Wheelock Properties and MTR Corporation (066) jointly developed the Deep Water South Phase 6B project Grande Blanc located at the Wong Chuk Hang Station on the Hong Kong Island South bank. On September 30, 2026, the project sold a premium three-bedroom residence through tender for approximately 37.43 million Hong Kong dollars, achieving a record price per square foot of 40,773 dollars. This transaction reflects sustained strong demand for quality luxury residences on Hong Kong Island South. Wheelock Properties Vice Chairman and Managing Director Douglas Kong noted that many affluent buyers and high-end customers are accelerating their purchase plans to seize premium luxury opportunities ahead of the National Day Golden Week holiday.
Key Points
- The sold unit is Tower 1 Flat A on the 23rd floor, featuring a three-bedroom ensuite layout with a study and bathroom, with a saleable area of 918 square feet
- The transaction price was approximately 37.43 million Hong Kong dollars, translating to 40,773 Hong Kong dollars per square foot, marking one of the project's recent high-price transactions
- The unit offers views of THE MARINA club's seven themed swimming pools and the verdant hills of South Lancang Mountain, with the master bedroom featuring dedicated space for a walk-in closet
- The master bathroom includes both a bathtub and separate shower area, providing a luxurious bathing experience that reflects upscale living standards
- Since its launch, the entire Deep Water South project has accumulated sales of 210 units, generating over 3.92 billion Hong Kong dollars in revenue
- Grande Blanc comprises 154 units with saleable areas ranging from 837 to 2,642 square feet, offering three to four-bedroom configurations, with the expected key date set for November 30, 2027
Why It Matters
The record-breaking price per square foot achieved by this luxury residence in the Wong Chuk Hang area signals growing confidence among high-net-worth buyers in Hong Kong's premium property market, particularly in the Southern District which offers proximity to the business hub and scenic coastal amenities. As National Day Golden Week approaches, the acceleration of luxury property transactions by wealthy buyers reflects their optimism about Hong Kong's property market outlook and their desire to secure prime residential assets before the holiday period .
The record-breaking price per square foot achieved by this luxury residence in the Wong Chuk Hang area signals growing confidence among high-net-worth buyers in Hong Kong's premium property market, particularly in the Southern District which offers proximity to the business hub and scenic coastal amenities. As National Day Golden Week approaches, the acceleration of luxury property transactions by wealthy buyers reflects their optimism about Hong Kong's property market outlook and their desire to secure prime residential assets before the holiday period .