Hyde Park High-Floor Sea-View 2-Bed Breaks Records at HK$13.19M
AM730 · 2 SOURCESabout 3 hours ago2 MIN
Summary
Swire Properties (1972) and Chinese Motor Holdings (026) jointly developed the Chai Wan project Hyde Park on Monday, recording a high-floor sea-view 2-bedroom unit transaction at approximately HK$13.19 million, translating to a price per square foot of about HK$23,017. Both the transaction price and price per square foot set new records for the project's 2-bedroom suite units. The buyer was drawn to the high-floor sea view, high ceilings, and the approximately 60-metre-wide grand lobby, and purchased the unit for self-occupation as the project has reached completion.
Key Points
- High-floor, sea-view 2-bedroom unit in Hyde Park sold for HK$13.19 million at HK$23,017 per square foot, setting dual records for the project's 2-bedroom suite type
- Buyer appreciated the sea view, high ceilings, and 60-metre-wide grand lobby; purchased for self-occupation as the project is now a completed property
- Swire Properties will tender 52 two-bedroom units from Tower 1 starting Friday (September 11), with sizes ranging from 585 to 601 square feet
- First round of tender closes on Wednesday next week (September 16) at 3pm; mid-to-high floors offer sea views while lower floors overlook a 4,000 sq ft garden
- The project's public transport interchange is now operational, and the 80,000+ sq ft Club Headland offers about 30 indoor and outdoor facilities
Why It Matters
The record-breaking sale demonstrates sustained demand for premium completed properties in Hong Kong's Eastern District, while the upcoming tender of 52 additional units could push prices even higher as the project approaches full completion .
The record-breaking sale demonstrates sustained demand for premium completed properties in Hong Kong's Eastern District, while the upcoming tender of 52 additional units could push prices even higher as the project approaches full completion .