New Project | Waterfront Station I Three-Bedroom Unit Sold for 12.87 Million

SighingCashier · 2026-03-16T16:06:22+00:00

Hang Lung Properties' Yau Tong Qinhai Station I recorded its latest transaction for a 3-bedroom sea-view unit with a usable area of 736 sq ft, closing at HK$12.87 million. The buyer is a local investor from outside the district. Additionally, the project has only a limited number of unit types remaining for sale and is offering discount incentives.

SighingCashier

2026-03-16 16:06:22

Abstract generation in progress

Cheung Shing (01113) Yau Tong Tsim Mei Road, latest transaction of a 3-bedroom sea view unit, is Unit A on 5th Floor, Block 1, with a usable area of 736 sq ft. It features a 3-bedroom, 1-suite layout with a storage room, sold through tender. The buyer chose a 180-day completion period, with a transaction price of HKD 12.87 million, translating to HKD 17,486 per usable square foot.

Market sources reveal that the buyer is a local non-district resident interested in purchasing a sea view property in the city for investment purposes.

Cheung Shing Sales Department Manager Chan Wing Chi stated that recent market activity has been lively, with a noticeable increase in on-site visits. Currently, only three 2-bedroom duplex units in Phase 1 are available for sale via tender, and one 3-bedroom unit on 7th Floor, Unit A, with a usable area of 736 sq ft, is available for sale by price list. This unit features a 3-bedroom, 1-suite layout with a storage room. If the buyer opts for a 90-day completion period, they can enjoy up to a 16% discount, with an effective sale price of HKD 12.602 million and a usable price of HKD 17,122 per square foot.

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