Southside luxury project launches final 17 homes
SingTao · 2 SOURCES1 day ago5 MIN
Summary
The Southside Phase 2 in Wong Chuk Hang, jointly developed by New World Development, Empire Group, CSI Properties, Lai Sun Development and MTR Corporation, will put its final 17 units up for tender from Monday, 26 October. The batch includes 16 four-bedroom, dual-suite homes and one four-bedroom, one-suite special unit with a platform, marking the latest push for the remaining larger residences in the project. Developers also opened a completed four-bedroom furnished show flat for the first time, with VIP viewings starting over the weekend or immediately by appointment, according to the two reports. Across the broader The Southside series, 791 units have been sold so far, accounting for nearly 96% of available supply and generating more than HK$13.9 billion, leaving 34 larger homes unsold.
Key Points
- The new sales arrangement covers the project’s last 17 units, all to be sold by tender starting on Monday, 26 October.
- Sixteen homes are four-bedroom, dual-suite layouts measuring 1,158 to 1,294 square feet, with most enjoying views over Deep Water Bay.
- The remaining unit is a four-bedroom, one-suite special residence of 1,225 square feet with a 307-square-foot platform.
- The newly opened furnished show flat is Flat P2 on the 41st floor of Tower 2, a 1,158-square-foot Bayside Suite
- New World Development sales and marketing director Ho Ka-yan (何家欣) said the wider series has sold 791 units for more than HK$13.9 billion
Why It Matters
The latest tender round shows the project is now focused on clearing its remaining high-end inventory rather than mass-market units, with almost all unsold homes concentrated in larger layouts. For Hong Kong buyers tracking the luxury market, the release of completed four-bedroom homes and the project’s near sell-out rate offer a fresh read on demand for premium Southside residences.