Kai Tak Bay Launches 100 Units Saturday with One-Bed Starting at HK$5.6 Million
SingTao · 2 SOURCESabout 3 hours ago1 MIN
Summary
Kai Tak Bay Phase 2 will offer 100 units for sale by price list this Saturday (September 5), with one-bedroom units starting from a net price of HK$5.6 million after maximum discounts. The project, jointly developed by K. Wah International, Wheelock Properties and China Overseas Land & Investment, is now fully completed and ready for handover.
Key Points
- The Saturday sale includes 66 one-bedroom and 34 two-bedroom units, all located in the completed Phase 2 towers
- Saleable areas range from 288 to 481 square feet, with net prices from HK$5.6 million to HK$11.472 million
- After applying the maximum 25% discount, net price per square foot spans HK$18,301 to HK$23,965
- Phase 2 comprises three interconnected towers (1A, 1B, 1C) providing a total of 1,121 units
- Unit types span from studio to three-bedroom configurations, with saleable areas from 258 to 771 square feet
Why It Matters
The launch provides a fresh supply of completed units in the former Kai Tak development zone, where new inventory has been limited. The competitive pricing strategy, with entry-level units at HK$5.6 million, may attract both first-time buyers and investors seeking exposure to the transforming Kowloon East district .
The launch provides a fresh supply of completed units in the former Kai Tak development zone, where new inventory has been limited. The competitive pricing strategy, with entry-level units at HK$5.6 million, may attract both first-time buyers and investors seeking exposure to the transforming Kowloon East district .