Development Details
Website :
http://www.harbourone.com.hk
458 Des Voeux Road West
Anticipated Completion : 31 December 2012
# Units : 103 for residential only
# Storeys : 29 (9/F to 42/F, omitting 13/F, 14/F, 24/F, 34/F while 7/F and 32/F are refuge floors)
Car Park : 1-6/F
Clubhouse : 8/F
Site photos - 6/13
Emperor launches project and reveals star buyers
3 May 2010
The Standard
Emperor International (0163) sold at least 48 homes - or 80 percent of the first 61 saleable units - at Harbour One yesterday as it launched the Sai Wan project, according to an agency.
In the evening, the developer released a new price list for eight other homes, averaging HK$18,312 per square foot.
Andrew Yu, an Emperor Group assistant property general manager revealed that an Emperor director and singers Joey Yung Cho-yee and Gillian Chung Yan-tung from sister company Emperor Entertainment Group (8078) all bought upper-floor homes.
Emperor International executive director Donald Cheung said details of the director's deal will be disclosed today, noting there is a discount of up to 2 percent for staff. Some 5,000 people visited the show flats in a four-hour period.
Hong Kong Property said secondary home sales nearby rose because of the launch. A homeowner at The Belcher's made a nominal gain of HK$7.9 million after selling a three-bedroom unit for HK$15.2 million, or HK$10,858 psf.
Elsewhere, developers abided by new official sales guidelines.
Sun Hung Kai Properties (0016) sold 16 homes at Aria in Kowloon Peak and 20 at Yoho Midtown in Yuen Long since Friday. Cheung Kong Holdings (0001) sold five homes at Festival City in Tai Wai over the weekend.
Centaline Property said secondary home transactions at 10 major residential projects were down 29 percent to 35 over the weekend.
With the guidelines, buyers appeared vigilant, the agency said.
Simon Tai from Hong Kong Property said a homeowner cut the asking price by HK$620,000 to sell a Harbour Green unit for HK$11.9 million, and still made a nominal gain of HK$3.2 million.
A home at Galaxia in Diamond Hill was sold after the price was cut by 4 percent to HK$3.92 million, said Centaline.