business · Thestandard

Sky Ace names North Point project State Residence

about 2 hours ago2 MIN
Sky Ace names North Point project State Residence

Summary

Sky Ace Enterprises has named its residential development on Hei Woo Street in North Point as State Residence, adding a new private housing project to Hong Kong Island's eastern district. The scheme will offer about 190 units and will be marketed with assistance from New World Development. Preparations for the sales brochure and showroom are in their final stages, and the launch could come as early as this month, September 2026. The project is positioned toward urban professionals and investors, with transport links and nearby cultural-retail development highlighted as selling points.

Key Points

  • State Residence is located on Hei Woo Street in North Point and is being developed by Sky Ace Enterprises.
  • The project will provide approximately 190 flats, with New World Development assisting in the sales process.
  • Units range from one- to three-bedroom layouts, though one- and two-bedroom homes make up the majority.
  • Sales materials and the showroom are in final preparation, with a launch expected as early as September 2026.
  • The developer highlighted proximity to State Theatre by K11, North Point Ferry Pier, Admiralty and Central.

Why It Matters

For Hong Kong buyers, the project adds a relatively compact, transit-linked option on Hong Kong Island at a time when accessibility and rental potential remain key considerations. Its positioning alongside the future State Theatre by K11 also suggests developers are marketing homes increasingly on surrounding lifestyle and district-upgrade narratives, not only unit mix.

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