"Deep Water South" on the southern coast of Hong Kong Island received over 4,000 inquiries, expected to launch bidding and sales after the Lunar New Year

K. Wah International Holdings and MTR Corporation (00066.HK) are collaborating on the development of the South Island, among which the pure residential project "DEEP WATER SOUTH" Phase 6B has uploaded its sales brochure today, involving 154 three-bedroom and four-bedroom units, with areas ranging from 862 square feet to 1,696 square feet; among them is a sky feature unit, which is a four-bedroom with three suites plus an entertainment room and studio with a bathroom layout, covering an area of 2,642 square feet, along with a 1,623 square feet platform and rooftop garden.

K. Wah International's Vice Chairman and Executive Director, Huang Guangyao, stated that they expect to launch a show flat after the Lunar New Year and will sell it through a bidding process. He mentioned that the project has received over 4,000 inquiries to date, some from celebrities in the city and well-established local families, with 60% being owner-occupiers and 40% being investors, while inquiries from mainland and newly arrived individuals also account for 40%.

Huang Guangyao expressed confidence that the project could break the price record for the South Island series due to its superior views. He also pointed out that recent transactions of luxury units have been brisk, believing that the current market conditions are stable, buyers have ample funds, which is favorable for entering the market; in addition, many mainland companies are listing in Hong Kong, and company executives also need to purchase properties