With more first-time buyers heading to the New Territories for new flats, the area will see a lot of infrastructure projects in place to cope with the booming population. Some of the districts in N.T. could be as “urban” as Sha Tin over the next few years.
Yuen Long is about to raise its profile with an upcoming big shopping mall, namely YOHO MALL, measuring 1.1 million sq.ft. As neighborhood upgrade often translates to rising property prices, it’s wise to explore the last batch of the New Territories’ new flats this year.
Yuen Long – Grand YOHO Development
Grand YOHO Development by Sun Hung Kai Properties (SHKP) is Phase Three of the whole YOHO Development Project. It is composed of four blocks with 2,508 units, 1,114 of which will soon be put up for pre-sale offering mainly one- and two-room units. The podium level connects to YOHO MALL. The first batch of flats will be complete in November next year.
Yuen Long – Park Vista
Situated on Castle Peak Road – Tam Mi 18, Acappella enjoys a quiet surrounding and green scenery. SHKP previously paid a land premium as much as 230 million dollars for a 1.7 million sq.ft. site. The project will be divided into three stages: the first batch to offer is 1A to 1C with 1,027 flats offering studio to three-room flats. The project will be complete next January.
Located on Tak Yip Street, Tung Tau, Yuen Long, SHKP’s Twin Regency consists of 2 blocks with 523 flats mainly offering smaller apartments. The project has a gross floor area of 230,000 sq. ft. Together with the previous two residential projects in Yuen Long, SHKP offers a supply of 2,664 units in the area.
Yuen Long – Yuccie Square
Cheung Kong Property flexes its property muscle by offering as many as 1,129 units in its Former Yuen Long Estate project. Adjoining Long Ping West Rail Station, the residential site is restricted on flat size ranging from 377 to 645 saleable square feet.
Perched on Tsing Ying Road 18, 28 and 29, The Bloomsway by Kerry Properties Limited offers a range of size with studio, one-, two-, three- and four-room units. Featured penthouses and villas with gardens are also available.
Tuen Mun – Jade Cove
Located at Tsing Fat Lane, Tuen Mun, Chinachem’s Jade Cove embraces idyllic setting. It offers 91 units, mainly villas and duplexes. Earlier, the project was postponed for sale due to alterations in its exterior wall of building.
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