business · SingTao

Kai Tak Harbour Sells 4 Units Over Weekend, 2-Bed Flat Fetches HK$10.97M

about 2 hours ago2 MIN
Kai Tak Harbour Sells 4 Units Over Weekend, 2-Bed Flat Fetches HK$10.97M

Summary

The Kai Tak Harbour residential project achieved four more transactions over the weekend of September 19-20, 2026, with sales continuing to perform well. The development, jointly developed by K. Wah, Wheelock Properties, and China Overseas, recorded a notable transaction for a two-bedroom enclosed-kitchen unit priced at over HK$10 million. The project also hosted a Mid-Autumn Festival celebration at its clubhouse, drawing approximately 1,500 attendees amid strong sales momentum.

Key Points

  • Kai Tak Harbour sold four units over the weekend (Sept 19-20), comprising two one-bedroom and two two-bedroom apartments
  • Tower 1A, 21st floor, Unit M: 481 sq ft, two-bedroom enclosed-kitchen layout, sold for HK$10.965 million at HK$22,796 per sq ft
  • The project has sold 146 units in the first 20 days of September 2026, generating approximately HK$1.2 billion in revenue
  • Developers are K. Wah, Wheelock Properties, and China Overseas
  • A "Bay Sunshine Autumn Festival Carnival" was held at the clubhouse, attracting around 1,500 participants with lantern riddles, game booths, DIY workshops, and festive food

Why It Matters

The strong sales performance in September underscores sustained demand for new private residential projects in the Kai Tak development area, with the HK$22,796 per sq ft achieved for a relatively compact two-bedroom unit indicating robust pricing power in the neighbourhood . The successful community event also highlights developers' strategies to engage potential buyers and existing residents, potentially supporting further sales momentum in the traditionally active autumn property season.
The strong sales performance in September underscores sustained demand for new private residential projects in the Kai Tak development area, with the HK$22,796 per sq ft achieved for a relatively compact two-bedroom unit indicating robust pricing power in the neighbourhood . The successful community event also highlights developers' strategies to engage potential buyers and existing residents, potentially supporting further sales momentum in the traditionally active autumn property season.

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