CK Asset launches second batch of Blue Coast project to warm reception as Hong Kong home-buying curbs ease
- CK Asset sold 130, or 70 per cent, of the 184 units on offer on Saturday, according to sales agents
- The flats put up for sale include two-bedroom to four-bedroom units priced between HK$10,548,000 and HK$37,691,000
![Prospective homebuyers gathered at CK Asset’s sales office in in Hung Hom to wait for the results of the Blue Coast lottery. Photo: SCMP/ Xiaomei Chen](https://cdn.i-scmp.com/sites/default/files/styles/1020x680/public/d8/images/canvas/2024/04/13/8f658f34-f379-46c3-a1f3-f2098652d867_8a3ee944.jpg?itok=UKHlagK2&v=1712997917)
The second batch of CK Asset’s Blue Coast project in Wong Chuk Hang has received a warm response from homebuyers, as sales continue to surge after the government eased property curbs.
A total of 130, or 70 per cent, of the 184 units on offer were sold by 8pm Saturday, when sales closed for the day, according to Sammy Po Siu-ming, CEO of Midland’s residential division for Hong Kong and Macau.
“Including the flats sold today, more than 540 units [from the Blue Coast project] were sold in the past eight days, with the average price reaching HK$18 million per unit,” he said. “The combined worth of the flats sold has surpassed HK$10 billion, a truly impressive result.”
![Blue Coast, part of CK Asset’s The Southside development, is a joint project with the MTR situated above the Wong Chuk Hang station. Photo: SCMP/Jonathan Wong Blue Coast, part of CK Asset’s The Southside development, is a joint project with the MTR situated above the Wong Chuk Hang station. Photo: SCMP/Jonathan Wong](https://img.i-scmp.com/cdn-cgi/image/fit=contain,width=1024,format=auto/sites/default/files/d8/images/canvas/2024/04/13/c172e4f0-aa57-4a63-8020-11a3e05858ce_1126e908.jpg)
Around 2,000 homebuyers and agents had gathered at the developers’ sales office in Metropolis Drive in Hung Hom earlier on Saturday to wait for the results of a lottery to determine their eligible flats, CK Asset said.
Among them, one family offered to snap up five flats, while another prospective buyer offered HK$120 million for six flats, sales agents said.
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