New Development | Blue Coast sold to buyers for over 110 million for three units

The Blue Coast Phase 3B at Wong Chuk Hang Station on the southern coast of Hong Kong, developed by Cheung Kong (01113) in collaboration with MTR Corporation (00066), has sold three 4-bedroom units through a bidding process, recording a “one buyer three purchases” transaction, cashing out over HKD 110 million in a single day, setting the highest single transaction record for the sale of 4-bedroom units by bidding since its inception.

The three units sold are all located in Block 1A, specifically on the 10th, 11th, and 12th floors, Room A, featuring a layout of 4 bedrooms, 1 suite, a storage room, and a bathroom, with a usable area of 1,263 square feet each, and transaction amounts ranging from HKD 37.7637 million to HKD 38.1426 million, with a price per square foot between HKD 29,900 and HKD 30,200.

It is reported that the buyers are a family group who are fond of the unit’s layout and the dual sea views of Deep Water Bay Yacht Club and Aberdeen Harbour; coupled with the project’s complete amenities, including the railway and shopping mall above, they decided to make a substantial purchase of the three A units in Block 1A for living with family, making it convenient for care.

Cheung Kong’s Deputy Chief Manager of the Sales Department, Yang Guiling, stated that a total of 44 units were sold this month, with a total cash amount exceeding HKD 1.24 billion, including 19 four-bedroom units, reflecting buyers’ high recognition of the project’s amenities and location value. She pointed out that as sales continue to heat up, the group plans to launch more units and adjust prices in response to market demand.