520 Flats Hit the Market Ahead of Lunar New Year Rush | HK Weekend Property Market Recap

Squarefoot Editor 2025-01-16 23 #Property Hit News

With the Lunar New Year just two weeks away, a season traditionally slow for the property market, developers are speeding up project launches, eager to see if the long-dormant market can stage a comeback. This week, over 520 new flats will be launched for sale.

Leading the charge is Grand Seasons in Lohas Park, which released 138 units on Wednesday.

Phase 4A of La Montagne, atop the Wong Chuk Hang MTR Station, will offer 65 units starting today, following a 20% price reduction.

Meanwhile, the biggest focus this weekend will be Gold Coast Bay’s second phase, The Reserve, in Tuen Mun.

On Saturday, the development will release 281 units in its first round of sales, encompassing all units from three price lists.

Next, the first phase of Beacon Peak, a luxury project developed by Shimao and located in Beacon Hill, will release 13 units for tender starting this Saturday.

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