Chinachem's Whitesand Cove Releases New Luxury Houses with Only Four Units Left
Thestandard · 1 SOURCES1 day ago1 MIN
Summary
Chinachem's luxury project Whitesand Cove in Sai Kung is preparing to release a new batch of fully furnished detached houses this week, with prices per square foot potentially reaching unprecedented levels for the area. The developer opened a showflat on Tuesday for a 2,243 sq ft fully furnished house, showcasing high-end finishes with renovation costs nearing HK$10 million. According to Helen Fung, sales and marketing director at Chinachem, only four houses remain available in the development.
Key Points
- Chinachem's Whitesand Cove in Sai Kung will launch a new batch of fully furnished detached houses within this week
- The showflat features a 2,243 sq ft house with three ensuites, maid's room, 570 sq ft garden, 699 sq ft rooftop, and private elevator
- Renovation costs for the showflat house are approaching HK$10 million
- Only four houses remain available, with a new batch expected to be released imminently
- Prices per square foot may set a new record high for the Sai Kung area
Why It Matters
The limited supply of just four remaining houses at Whitesand Cove highlights strong demand for luxury waterfront properties in Hong Kong's outlying districts. The potential new price high for the area signals continued confidence in the high-end residential market despite broader economic uncertainties.
The limited supply of just four remaining houses at Whitesand Cove highlights strong demand for luxury waterfront properties in Hong Kong's outlying districts. The potential new price high for the area signals continued confidence in the high-end residential market despite broader economic uncertainties.