The Local Property Market: Cheung Kong's 'BLUE COAST' in Wong Chuk Hang focuses on three-bedroom units, set to go on sale as early as this month.

Cheung Kong Property Holdings is collaborating with MTR Corporation to develop the "BLUE COAST" project on the south coast of Hong Kong Island, with plans to launch sales and start selling units in the short term. The project will offer 642 residential units, with a focus on three-bedroom layouts. Units A, B, C, and D in Block 1A are the "penthouse" units, totaling 118 units, featuring large three and four-bedroom layouts. The market's reasonable price per square foot is around HKD 40,000, and buyers of adjacent distinctive units will be given priority. A director at Cheung Kong mentioned that the current trend in the Hong Kong property market is stable, and short-term speculators are not expected in the near future.