The bidding sale of 4 units at Blue Coast, Huang Zhu Keng, recorded a transaction price of HKD 41.3 million for a four-bedroom unit, breaking the record twice

The Blue Coast in Wong Chuk Hang, developed in collaboration by CK ASSET (01113.HK) and MTR CORPORATION (00066.HK), sold 15 four-bedroom units located in Block 1A through a bidding process yesterday (2nd), with 4 units already sold. These units consist of four bedrooms, one suite, a storage room, and a bathroom. The sold units are located on the 16th floor, 32nd floor A unit, and 31st and 35th floor B units, totaling approximately HKD 160 million. Among them, the A unit on the 32nd floor has a usable area of 1,263 square feet, with a transaction amount of HKD 41.3 million and a price per square foot of HKD 32,700, setting a new record for both price per square foot and total selling price across the entire series.

It is reported that all 4 buyers are local clients intending to purchase for self-use.

Yang Guiling, Deputy Chief Manager of the Commercial Department of Cheung Kong Holdings, stated that the four-bedroom units were enthusiastically sought after by the market on the first day of sales. The units are located at the forefront of the project, offering views of the Deep Water Bay Yacht Club, highlighting the strong demand for high-quality seafront residences. It is expected that the remaining high-floor units will likely set new records for selling prices and price per square foot