Property

Selected properties in Quarry Bay

Quarry Bay

Quarry Bay has quickly become a hotspot over the last few years. The area sees a combination of west and east, attracting an international mix of residents and visitors. Due to its large-sized flats and high effective rate, Quarry Bay properties are preferred by buyers seeking a home upgrade. The flock of Grade-A office buildings in the area also attract expat professionals to rent in the district, making Quarry Bay homes an ideal investment. As a result, however, the market threshold of Quarry Bay tends to be higher which requires buyers to possess strong financial capabilities under the tightened mortgage policies.

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>> Quarry Bay’s secondary market still offers great choices

Selected properties

Taikoo Shing

A combination of two phases,  Taikoo Shing entered the market in 1977 and 1987. The entire estate consists of 61 blocks and a total of 12,698 units, with areas ranging from 585 to 1,237 square feet and an overall effective rate of over 80%. An apartment in Tung Shan Mansion with a balcony and a saleable area of 797 square feet was recently sold at HK$16 million, or HK$20,075 per square foot. While a D unit in Tai Woo Mansion, with a saleable area of 583 square feet, was sold at a discounted price of HK$8.5 million, making the per-square-foot price HK$14,580.


Taikoo Shing

Kornhill

Completed in 1986, the Kornhill housing project has 42 blocks, 32 of which are named Kornhill while the other 16 are called Kornhill Garden. The entire estate offers 6,648 units. Block A-H are “upper Kornhill”, J-M “mid-Kornhill”, and N-R—adjacent to MTR station and malls—are called “lower Kornhill”. A low-level two-bedroom unit in Block N, with a saleable area of 461 square feet, was recently leased at HK$18,000 per month or HK$39 per square foot.


Kornhill

Nan Fung Sun Chuen

Located near King’s Road, the estate was developed by the Nan Fung Group in 1978. Its 12 blocks offer a total of 2,832 units, most of which are two- or three-bedrooms, with saleable areas of 474, 627 or 629 square feet and boasts high effective rates.


Nan Fung Sun Chuen

>> Things to know before moving into Quarry Bay

Discover the neighbourhood in Quarry Bay:
>> The mighty power of Quarry Bay
>> Hang Out At Quarry Bay's Tong Chong Corridor
>> What to do in Quarry Bay

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