Wheelock's Double Coast III to Launch 60 Units on September 16
Thestandard · 1 SOURCESabout 1 hour ago2 MIN
Summary
Wheelock Properties is set to launch the sale of 60 units from its Double Coast III development next Wednesday (September 16), according to a sales brochure uploaded on Friday. The batch includes six studios, 24 one-bedroom units, and 30 two-bedroom apartments, with sizes ranging from 249 to 455 square feet. The discounted price starts at HK$4.61 million, while the average price per square foot stands at HK$18,526.
Key Points
- Double Coast III will offer 60 units next Wednesday, including 6 studios, 24 one-bedroom, and 30 two-bedroom apartments
- Unit sizes span from 249 to 455 square feet, with discounted prices beginning at HK$4.61 million
- The average price per square foot is HK$18,526, according to the sales brochure
- Ricky Wong Kwong-yiu, vice chairman and managing director of Wheelock, said the project has sold 254 units for nearly HK$2.15 billion in 2026
- Cumulative sales have reached 566 units worth HK$4.48 billion since the project's launch
- Kai Tak Hospital, Hong Kong's largest hospital, will begin phased operations in October, gradually replacing Queen Elizabeth Hospital
Why It Matters
The proximity of Double Coast III to the upcoming Kai Tak Hospital district enhances its investment appeal, as the new medical hub will gradually take over from Queen Elizabeth Hospital as the city's primary healthcare facility starting October. With cumulative sales already exceeding HK$4.48 billion, the project's continued strong performance underscores buyer confidence in the Kai Tak development zone's long-term value.
The proximity of Double Coast III to the upcoming Kai Tak Hospital district enhances its investment appeal, as the new medical hub will gradually take over from Queen Elizabeth Hospital as the city's primary healthcare facility starting October. With cumulative sales already exceeding HK$4.48 billion, the project's continued strong performance underscores buyer confidence in the Kai Tak development zone's long-term value.