Wheelock Property's MONT BLUE Sells Two Units Over Weekend, Grossing Nearly HK$36 Million
AM730 · 1 SOURCESabout 2 hours ago2 MIN
Summary
Wheelock & Company and MTR Corporation's joint development "DEEP WATER SOUTH" Phase 6A MONT BLUE in South Horizons recorded two sales over the weekend of September 20, both two-bedroom units with enclosed kitchen layout, collectively generating nearly HK$36.13 million. A separate completed project Miami Quay in Kai Tak's PARK PENINSULA also recorded one transaction on the same day. The two projects underscore sustained demand for quality residential units in Hong Kong's primary property market.
Key Points
- MONT BLUE sold two units on Sunday: Unit C on the 38th floor of Tower 2C (563 sq ft, HK$18.562 million, HK$32,970 per sq ft) and Unit A on the 11th floor of Tower 2B (577 sq ft, HK$17.565 million, HK$30,442 per sq ft)
- The high-floor buyer purchased for self-occupation, attracted by the open view and practical layout, while the mid-floor buyer anticipates strong rental demand from high-end tenants
- MONT BLUE has accumulated 206 units sold since launch, generating approximately HK$3.8 billion in total proceeds
- Miami Quay sold one one-bedroom unit (Tower 2, 26th floor, Unit F, open kitchen layout) for HK$7.734 million at HK$23,944 per sq ft
- Miami Quay was jointly developed by Wheelock, Henderson Land, New World Development, and Empire Group, with cumulative sales of 567 units totaling approximately HK$6.02 billion
Why It Matters
The continued sales momentum at both MONT BLUE and Miami Quay signals sustained buyer confidence in Hong Kong's new first-hand residential market, particularly for units in strategic locations with established transport links and rental appeal .
The continued sales momentum at both MONT BLUE and Miami Quay signals sustained buyer confidence in Hong Kong's new first-hand residential market, particularly for units in strategic locations with established transport links and rental appeal .