Henderson Land's Ying Hui in Hung Hom Offers 263 Units, Prices Expected This Week
AM730 · 2 SOURCESabout 2 hours ago2 MIN
Summary
Henderson Land Development (012) has released sales brochures for Ying Hui, the Phase 6 of the MIDTOWN SOUTH large-scale redevelopment project in Hung Hom. The development offers 263 residential units with saleable areas between 226 and 630 square feet, covering one to three-bedroom configurations with a limited number of special units. The project is expected to launch its price list within the next couple of days, with model units opening to media on September 2.
Key Points
- Henderson Land's Hung Hom redevelopment Phase 6 project provides 263 units, with one and two-bedroom units accounting for about 80 percent of standard units
- Standard unit breakdown: 84 one-bedroom units (226-317 sq ft), 121 two-bedroom units (306-387 sq ft), 49 three-bedroom units (348-418 sq ft)
- The development includes 9 sky terrace special units, featuring a 630 sq ft three-bedroom en-suite penthouse with harbor views as the project's flagship unit
- Lam Tat-man, Managing Director of Henderson Land Property Agency Sales Division 1, indicated pricing will reference recent transactions at other MIDTOWN SOUTH phases and market data from the past three months
- The entire MIDTOWN SOUTH series has sold 1,502 units totalling approximately HK$9.4 billion, while the predecessor project First Residence sold 218 units for HK$1.9 billion
Why It Matters
The launch of Ying Hui adds significant supply to the Hung Hom residential market, where new inventory has been limited in recent years. The project's pricing strategy, informed by the strong sales performance of the MIDTOWN SOUTH series, could set benchmarks for nearby developments and influence buyer sentiment in the Kowloon residential sector.
The launch of Ying Hui adds significant supply to the Hung Hom residential market, where new inventory has been limited in recent years. The project's pricing strategy, informed by the strong sales performance of the MIDTOWN SOUTH series, could set benchmarks for nearby developments and influence buyer sentiment in the Kowloon residential sector.