Hang Lung’s High Park I sells two flats
AM730 · 2 SOURCES1 day ago1 MIN
Summary
Hang Lung Properties’ completed residential project High Park I in Kowloon Bay recorded two sales on Tuesday, September 8, with the developer taking in about HK$15.57 million in a single day. The transactions involved high-floor one-bedroom and two-bedroom units, with the smaller flat achieving a price of about HK$21,260 per square foot.
Key Points
- Hang Lung Properties sold two high-floor units at High Park I in Kowloon Bay on September 8, generating about HK$15.57 million in total proceeds.
- One deal involved Flat E on the 31st floor, a 320-square-foot one-bedroom unit with an open kitchen, sold for about HK$6.8 million.
- The 31st-floor Flat E transaction worked out to about HK$21,260 per square foot, the higher of the two unit rates reported on the day.
- The second sale was Flat G on the 36th floor, a 442-square-foot two-bedroom unit with an open kitchen, sold for about HK$8.77 million.
- High Park I is at 11 Ngau Tau Kok Road and consists of one residential tower providing 294 units ranging from 289 to 898 square feet.
Why It Matters
The latest sales add to evidence that completed Kowloon residential projects are still drawing buyer attention, especially for smaller layouts with straightforward pricing benchmarks. For Hong Kong homebuyers, the disclosed unit sizes and per-square-foot prices offer a fresh reference point for current transaction levels in Kowloon Bay.