Kai Tak Harbour Logs 4 Unit Sales in Single Day, 3-Bed at HK$17.38M
SingTao · 2 SOURCESabout 2 hours ago2 MIN
Summary
Kai Tak Harbour, a residential project jointly developed by K. Wah International, Wheelock Properties and China Overseas Land & Investment (COLI), achieved four more transactions on Sunday, September 13, 2026, generating total proceeds exceeding HK$40.64 million. The standout deal involved a 771-sq-ft three-bedroom unit on the 6th floor of Tower 1A, which changed hands for HK$17.388 million, equating to HK$22,553 per square foot.
Key Points
- The four transactions comprised one one-bedroom, two two-bedroom and one three-bedroom unit, collectively exceeding HK$40.64 million in value .
- Tower 1A, 6th floor, Unit A spans 771 sq ft and features a three-bedroom layout with an ensuite and a storage room .
- This particular unit was sold for HK$17,388,000 at a price per sq ft of HK$22,553, representing a premium rate in the development .
- Kai Tak Harbour Phase 2 offers 1,121 units ranging from studios to three-bedroom flats, with sizes from 258 to 771 sq ft .
- COLI (stock code 688), K. Wah (stock code 173) and Wheelock Properties are the three developers behind this project .
Why It Matters
The strong single-day sales performance underscores sustained demand for new private residential units in the Kai Tak development zone, an area the government has positioned as a key growth corridor. Given Phase 2's broad unit mix from compact studios to spacious three-bedroom flats, the market's appetite across different buyer segments could influence pricing strategies for upcoming launches in the neighbourhood .
The strong single-day sales performance underscores sustained demand for new private residential units in the Kai Tak development zone, an area the government has positioned as a key growth corridor. Given Phase 2's broad unit mix from compact studios to spacious three-bedroom flats, the market's appetite across different buyer segments could influence pricing strategies for upcoming launches in the neighbourhood .