Cheung Kong Unveils Montage Project in Kam Tin with 327 Units
AM730 · 1 SOURCESabout 3 hours ago4 MIN
Summary
Cheung Kong Realty has officially launched its new residential project "Montage" (萬芊) in Kam Tin, Yuen Long, providing 327 units strategically positioned near MTR Kam Sheung Road Station. The development offers a mix of 242 flat units and 85 detached houses, with flat sizes ranging from 238 to 448 square feet and house areas spanning 497 to 1,030 square feet. The project is scheduled for completion by the end of December 2027, with sales materials expected to go online as early as next week and show flats targeted to open this month.
Key Points
- The 327-unit Montage project is located on Kam Tai Road in Kam Tin, adjacent to MTR Kam Sheung Road Station, developed by Cheung Kong Realty
- Among the 242 flat units, over 55% are one-bedroom apartments and approximately 40% are two-bedroom units, with sizes from 238 to 448 sq ft
- The development includes 85 detached houses ranging from 497 to 1,030 sq ft, offering two to four-bedroom configurations
- Show flats and sales gallery at Harbour Centre in Tsim Sha Tsui are in final preparation stages, with sales brochure expected next week
- Cheung Kong Executive Director Francis Chiu Kwok-hung stated the property market is gradually stabilizing, with commercial real estate also recovering
Why It Matters
The Montage launch represents a significant new supply entry into Hong Kong's residential market at a time when developers are closely monitoring buyer sentiment. The project's positioning near MTR infrastructure and mix of affordable flat units and premium houses reflects current market strategy to capture both first-time buyers and upgrade purchasers. Cheung Kong's optimistic market outlook provides a barometer for competitor pricing strategies in the upcoming quarter.
The Montage launch represents a significant new supply entry into Hong Kong's residential market at a time when developers are closely monitoring buyer sentiment. The project's positioning near MTR infrastructure and mix of affordable flat units and premium houses reflects current market strategy to capture both first-time buyers and upgrade purchasers. Cheung Kong's optimistic market outlook provides a barometer for competitor pricing strategies in the upcoming quarter.