33 Clearwater Bay Presale Approval Imminent with 650,000 sq ft Mall
AM730 · 2 SOURCES1 day ago2 MIN
Summary
Kowloon Development (034) is poised to launch sales for its landmark 33 Clearwater Bay project in Ngau Chi Wan, with presale consent expected to be granted shortly and marketing activities planned for October. The development, situated along Clearwater Bay Road, represents one of the few large-scale comprehensive developments in the district, comprising five skyscrapers and a substantial podium retail component spanning 650,000 square feet across six levels including basement .
Key Points
- Phase 1 offers approximately 361 units covering two-bedroom to four-bedroom layouts, with show flats already prepared and awaiting official launch
- The 650,000 square foot podium mall spans six levels plus basement, featuring curved glass facades, open entrances, outdoor spaces, and extensive landscaping designed by Woods Bagot
- Direct underground access will connect the development's basement level (B2) to Exit B2 of MTR Choi Hung Station, enhancing transit connectivity
- Three Grade II historic buildings will be incorporated into the commercial complex, repurposed for retail, cultural concept stores, cafes, or exhibition spaces
- The development will feature a dedicated Food Hall on the third floor, offering global cuisines, specialty coffee, and light fare in an open-plan setting
Why It Matters
The 33 Clearwater Bay project marks a significant addition to Hong Kong's eastern New Territories residential market, with its massive retail component poised to transform the Ngau Chi Wan district into a new commercial hub. The integration of heritage buildings with modern retail spaces demonstrates how developers are increasingly balancing urban revitalization with historical preservation, setting a precedent for future mixed-use developments across the territory.
The 33 Clearwater Bay project marks a significant addition to Hong Kong's eastern New Territories residential market, with its massive retail component poised to transform the Ngau Chi Wan district into a new commercial hub. The integration of heritage buildings with modern retail spaces demonstrates how developers are increasingly balancing urban revitalization with historical preservation, setting a precedent for future mixed-use developments across the territory.