Sino Land's La Mirabelle II Launches 129 Units Starting at HK$5.89 Million
Thestandard · 1 SOURCESabout 2 hours ago2 MIN
Summary
Sino Land (stock code: 0083) has unveiled the latest price list for La Mirabelle II in Tseung Kwan O, offering 129 units with discounted prices starting at HK$5.89 million. The new batch comprises 27 one-bedroom units and 102 two-bedroom units, with sizes ranging from 347 to 555 square feet. The developer has also announced plans to list 283 units for sale this Friday, split between price-list and tender channels. The La Mirabelle series has recorded impressive sales momentum, with cumulative transactions reaching HK$9.3 billion from 1,071 units sold. This residential project is a joint venture involving five major developers and MTR Corporation.
Key Points
- Sino Land's La Mirabelle II released a price list on Monday covering 129 units, with discounted prices ranging from HK$5.89 million to HK$9.4 million
- The batch consists of 27 one-bedroom and 102 two-bedroom units, with sizes spanning 347 to 555 square feet; per-square-foot prices range from HK$15,822 to HK$18,967 after discount
- The developer has uploaded a sales arrangement for 283 units to be sold this Friday, including 148 units offered via price list and 135 units through tender
- The La Mirabelle series sold 90 units in August, generating over HK$730 million in sales; cumulative total stands at 1,071 units and HK$9.3 billion
- The project is jointly developed by Sino Land, Kerry Properties (0683), K Wah International (0173), China Merchants Land (0978), and MTR Corporation (0066)
Why It Matters
The launch demonstrates sustained developer confidence in the Tseung Kwan O residential market, where strong infrastructure connectivity continues to attract buyers. The combination of competitive pricing and multiple sales channels reflects a sophisticated marketing approach to capture diverse buyer segments amid evolving market conditions.
The launch demonstrates sustained developer confidence in the Tseung Kwan O residential market, where strong infrastructure connectivity continues to attract buyers. The combination of competitive pricing and multiple sales channels reflects a sophisticated marketing approach to capture diverse buyer segments amid evolving market conditions.