2025-02-21 28Hse Editor
Developed by Sino Land, K. Wah, China Merchants Land and MTR, over a thousand buyers snapped up flats of Lohas Park’s Villa Garda III development in Tseung Kwan O. Sino Land executive director Victor Tin Sio-un said yesterday that the project received more than 1,700 cheques as of 8pm yesterday. A total of 138 units were sold in the first round, making the project oversubscribed more than 11 times, with 138 cheque collection to be closed tomorrow. Leung Yuet-kam
Tin said that 65% of cheques came from prospective buyers living in Tseung Kwan O, 15% from Hong Kong Island residents, and an increasing number of buyers from other areas. The developer worked with Bank of China Hong Kong to launch a discount, as well as a fully paperless Green Mortgage Plan, for buyers.
Developer partners with Bank of China Hong Kong to promote Green Mortgage Plan
Tin added that the development’s garden and clubhouse, Villa Garda III, measures more than 70,000 square feet in size, with a design inspired by Italian manor villas.
Tin added that Club Villa Garda, the development’s landscaped garden and clubhouse, with a total area of over 70,000 square feet, is the first Italian-style villa clubhouse in the area. All residential car parking spaces are equipped with EV electric car chargers.
The Coast Line I releases 9 additional special units
In other news, CK Asset’s The Coast Line I in Yau Tong launched its last nine remaining rooftop units, including four one-bedroom units, two two-bedroom units, and three units of 3-bedroom units with storage room, with usable area ranging from 273 to 736 square feet. The units will be put on sale on a first-come-first-served basis on Sunday (Aug 27). The lowest discounted price is for a unit K, a one-bedroom flat with a rooftop on the 27th floor of Block 1, measuring 273 square feet in size with a 118 square foot rooftop, at a discounted price of HK$4.38 million, or only HK$16,044 per square foot.
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