Lifestyle

How Tsuen Wan became an urban miracle



Tsuen Wan was the first town under the government’s urbanisation development in the New Territories in the 1950s. In the past decade, the centre of the district has gradually moved to the neighbourhood of Tsuen Wan West Station. One of the crucial factors that contributed to the move was home supply.

Apart from City Point launched in 2014, there are five developments around the Tsuen Wan West Station: Ocean Pride (Tsuen Wan West TW5 Bayside Development); Parc City (Tsuen Wan West TW5 Cityside Development); Pavilia Bay (Tsuen Wan West TW6); Yeung Uk Road commercial and residential development project; and the revitalisation project of old industrial buildings offering more than 5000 homes in total.

“The residential properties around Tsuen Wan West Station are highly valued because of their proximity to comprehensive infrastructure, big shopping malls, bus terminus, Tsuen Wan Ferry Pier, parks and a new public sports arena in the future,” said Bill Yeung, the district manager of Centaline Property, Tsuen Wan Yeung Uk Road Branch.

“Since most of the residential buildings are located on the waterfront, a lot of flats can enjoy the panoramic views of Rambler Channel, Tsing Ma Bridge and Ting Kau Bridge.”

“Buyers come from the same or neighbouring districts, and they are mainly flat-switching or first-time buyers. As for leasing, the cost per square foot is between $35 and $40.

“Apart from Pavilia Bay, there will be two new developments launched in the first six months of the year. They are Ocean Pride by Cheung Kong Property Holdings and Parc City by Chinachem Group – offering 2,406 units in two to three-bedroom designs and 953 units in one to three-bedroom designs respectively.”

 

More on Tsuen Wan:

>> Tsuen Wan - The one-stop neighborhood

>> New Properties in Tsuen Wan: The Pavilia Bay | Ocean Pride | PARC CITY | One Kowloon Peak | Deauville | The Seafront | City Point | The Rise

 

Selective Properties



Pavilia Bay
Located at No. 51 Wing Shun Street, the project is led by New World Development. Targeting first-time buyers and families, the project is comprised of two residential blocks offering 983 flats ranging from an open floor plan to a four-bedroom design from 308 to 1,736 square feet. The first batch, including 400 units, has attracted more than 7,000 buyers to register for purchase which means about 20 potential buyers are scrambling for a unit. Yeung says the average cost per square foot of the new property is about $17,000.



Vision City
Located at No.1 Yeung Uk Road, Vision City launched 10 years ago and comprises five apartment buildings offering 1466 flats, mostly in a three-bedroom design. The common podium is connected to Citywalk, and there are markets and parks in the area. The latest deal involved a two-bedroom unit in the high zone in tower one which sold for $7.72 million, breaking the record for a same type of apartment. According to Yeung, the average rental cost per square feet is now $40.



Chelsea Court
Situated at No.100 Yeung Uk Road, Chelsea Court is on the site which was previously occupied by the Swire Coca-Cola plant. The complex is composed of four towers offering 1,624 units in total. Most of the flats are in a two-bedroom design and have been occupied since 2005. The latest deal involves a one-bedroom unit in the high zone of Chelsea Court West Tower with a saleable area of 360 square feet. It has been sold for $5 million, and the cost per square foot is $13,889. According to Yeung, the average rental price of Chelsea Court is $37 per square foot.

Facts about living in Tsuen Wan

Air and noise pollution
There are some construction sites around the Tsuen Wan West Station, and the industrial zone next to the station is being renovated into a residential complex. Construction work will be going on for some time. On the other hand, if the building is close to the industrial area, emissions from the factories, together with heavy traffic by container trucks for logistic companies in the area, may cause air and noise pollution.

School net
Under the primary one placement scheme, the district belongs to school net 62. There is the Hong Kong Baptist Convention Primary School, Kwai Ming Wu Memorial School of The Precious Blood, and Tsuen Wan Public Ho Chuen Yiu Memorial Primary School. Under the secondary school placement scheme, it belongs to Tsuen Wan district. There is the Tsuen Wan Government Secondary School and Ho Fung College.

>> Issue 261: Wong Chuk Hang - A Rising Star in the South

>> Issue 263: A star is born - Kai Tak