Henderson Land Development Company Limited’s Mong Kok Leo House Series Phase 6 project, No. 1 Yat Lee, will be launched for sale in the near term. Henderson Land Property’s Deputy Managing Director and General Manager of Sales Division (II), Mr. Han Jiahui, said the project’s sales brochure has officially been uploaded today, with pricing expected to be announced as early as next week. Prices will be benchmarked against other Henderson Land projects in the area and new developments along railway lines, and the project may officially launch in early November. The development received its occupation permit in October and today opened its show units to media representatives; public viewing will begin next week.
The project comprises 126 units, including 40 one-bedroom units with saleable area (SFA) ranging from 273 to 279 square feet; 80 two-bedroom units with SFA ranging from 358 to 393 square feet; and six special units with one- or two-bedroom layouts and SFA ranging from 236 to 355 square feet.
He added that the Leo House series has sold approximately 2,300 units to date, generating over HK$14 billion in proceeds. Meanwhile, Phase 7 of the same series offers more than 340 units and is scheduled for completion in 2028. With no interest rate hike by Hong Kong banks in September and recent increases in transaction volumes for new developments, the group is confident about the sales performance of this project. Its new development sales revenue for this year has already exceeded HK$40 billion.
Source: on.cc Oriental Daily News
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