Kai Tak Bay Phase 2 Records Five Straight Days of Sales
SingTao · 1 SOURCESabout 3 hours ago4 MIN
Summary
Kai Tak Bay Phase 2 (啟德海灣2期) developed by Kawahara (嘉華), Wheelock Properties (會德豐地產), and China Overseas Development (中國海外發展) has recorded transactions for five consecutive days as of September 29, 2026. The latest unit sold was a 308 sq ft one-bedroom on the 8th floor of Tower 1A (1A座8樓K室) for HK$5.986 million, translating to HK$19,435 per sq ft. The project has accumulated 1,298 units sold, generating over HK$10.8 billion in revenue. Two new full-day bus services connecting the Kai Tak Runway area to urban centres have also commenced operations .
Key Points
- On September 28, the development recorded 6 transactions worth approximately HK$40 million, comprising 5 one-bedroom units and 1 two-bedroom unit
- A two-bedroom unit with separate kitchen at Tower 1A 8F M (1A座8樓M室) spanning 481 sq ft sold for HK$10.318 million or HK$21,451 per sq ft
- A three-bedroom unit with ensuite and storage room at Tower 1A 6F A (1A座6樓A室) spanning 771 sq ft was sold for HK$17.388 million or HK$22,553 per sq ft
- The cumulative total has reached 1,298 units sold with total proceeds exceeding HK$10.8 billion since the project's launch
- Two new bus routes, 20X and 22S, have launched as full-day services connecting the Kai Tak Runway area to Tsim Sha Tsui, Jordan, and nearby MTR stations
Why It Matters
The sustained sales momentum at Kai Tak Bay Phase 2 reflects continued buyer confidence in the Kai Tak development zone as a prime residential destination in Hong Kong . The opening of direct bus services to bustling urban areas like Tsim Sha Tsui and Jordan addresses a key transportation gap, potentially supporting future property values and rental demand in the emerging Kai Tak Runway precinct .
The sustained sales momentum at Kai Tak Bay Phase 2 reflects continued buyer confidence in the Kai Tak development zone as a prime residential destination in Hong Kong . The opening of direct bus services to bustling urban areas like Tsim Sha Tsui and Jordan addresses a key transportation gap, potentially supporting future property values and rental demand in the emerging Kai Tak Runway precinct .