The first round of sales for Phase 2 of Kai Tak Ocean Bay will be launched on Saturday, with 160 units starting at a discounted price of HKD 5.6 million. An additional 65 units will be tendered on Sunday

The first sales arrangement for the second phase of Kai Tak Bay, developed in collaboration by K Wah International (00173.HK), Wheelock Properties, and China Overseas (00688.HK), has been uploaded. The first round will be sold in price list format this Saturday (18th), offering 160 units, and another 65 units will be sold by tender this Sunday (19th).

The 160 units sold on Saturday include 83 one-bedroom units and 77 two-bedroom units, with usable areas ranging from 278 to 613 square feet. The prices are set between HKD 7.466 million and HKD 19.877 million, with a price per square foot ranging from HKD 24,041 to HKD 32,426. After considering a maximum discount of 25%, the actual selling prices will range from HKD 5.6 million to HKD 14.908 million, with actual prices per square foot between HKD 18,032 and HKD 24,320