business · AM730

Wong Tai Sin Luxury Project Launches 4 Special Units via Tender

about 2 hours ago3 MIN
Wong Tai Sin Luxury Project Launches 4 Special Units via Tender

Summary

Sun Hung Properties' (Stock Code: 1243) Wong Tai Sin development "The Vertex" (薈淳) has officially launched its ready-for-occupation premium units, with four special units available for purchase via tender starting Tuesday . The tender period runs until December 31, with bidding opening on September 22 . The project has achieved strong pre-sales results, having sold 119 units totalling over HK$770 million .

Key Points

  • Four units offered via tender: Units G on 2/F, F on 11/F, and premium units C and D on the 23/F top floor
  • Unit sizes range from 352 to 461 sq ft saleable area, covering two- and three-bedroom layouts
  • Unit G on 2/F features a 400 sq ft three-bedroom with a massive 852 sq ft terrace exceeding indoor area by 1.1 times
  • Unit H on 22/F offers 666 sq ft three-bedroom suite with 239 sq ft private terrace and south-facing orientation overlooking East Kowloon
  • Top floor units feature 4-metre ceiling height providing enhanced spatial experience and privacy

Why It Matters

The tender approach for these premium units reflects the developer's confidence in attracting high-net-worth buyers willing to pay premium prices for scarce outdoor space in urban Hong Kong . This launch tests current market appetite for luxury amenities in the older urban district of Wong Tai Sin, where large private terraces are rare .
The tender approach for these premium units reflects the developer's confidence in attracting high-net-worth buyers willing to pay premium prices for scarce outdoor space in urban Hong Kong . This launch tests current market appetite for luxury amenities in the older urban district of Wong Tai Sin, where large private terraces are rare .

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