Lan Kwai Fong Properties Unveils 26-Villa Project in Sai Kung
AM730 · 1 SOURCESabout 2 hours ago4 MIN
Summary
Lan Kwai Fong Properties, Far East Consortium International Limited (stock code: 035), and Hin Lei Engineering have officially launched their joint villa development in Sai Kung, naming it "181 Clearwater" (澄林) . The project, situated in Ho Chung along Sai Kung Road Number 181, represents Lan Kwai Fong Group's inaugural residential development in Hong Kong . Industry executives noted the limited new supply in the area, indicating a carefully managed sales approach for the 26 exclusive detached villas .
Key Points
- The development comprises 26 limited-edition detached villas, each spanning three storeys with private gardens and rooftop terraces
- Each villa features a 4-bedroom, 4-bathroom layout with saleable areas between 1,900 and 2,800 square feet
- Pre-sale consent was granted in May, with the project targeting a mid-2027 completion date and handover around early June
- The project is named after its address at 181 Sai Kung Road, with "Clearwater" symbolizing clarity and natural greenery
- Executives highlighted the "30-minute living circle" connecting to major business districts including Kowloon East and Central
Why It Matters
The launch of Lan Kwai Fong Group's first Hong Kong residential project signals the legendary entertainment district operator's expansion into the property market, bringing its brand cachet to the luxury villa segment in Sai Kung . With only 26 limited villas and limited supply in the area, the project is positioned to attract buyers seeking exclusive low-density living within reasonable commuting distance of central business districts .
The launch of Lan Kwai Fong Group's first Hong Kong residential project signals the legendary entertainment district operator's expansion into the property market, bringing its brand cachet to the luxury villa segment in Sai Kung . With only 26 limited villas and limited supply in the area, the project is positioned to attract buyers seeking exclusive low-density living within reasonable commuting distance of central business districts .