Blue Coast II Hikes Prices by 2% and Launches 60 Units!

CK Asset (1113) and MTR Corporation (0066) have unveiled a new price list for Blue Coast II Phase 3C, located at Wong Chuk Hang Station's Southside development. The latest list includes 60 units, ranging from two- to three-bedroom layouts, with prices starting at HK$9.32 million and per-square-foot prices from HK$21,038. The project will unveil show flats this Saturday, with sales expected to begin as early as next week.

The newly discounted average price per square foot is HK$23,388, a 2% increase compared to the last price list. Additionally, the discount on existing units has been reduced by 1%. Since the project's launch in October last year, the average discounted price per square foot has increased by 8.6%, from HK$21,526.

The 60 units include 30 two-bedroom and 30 three-bedroom apartments, with usable areas ranging from 443 to 759 square feet. Original prices start at HK$10.71 million (HK$24,183 per square foot). After a maximum 13% discount, prices are reduced to HK$9.32 million to HK$19.56 million, or HK$21,038 to HK$25,773 per square foot.

The cheapest two-bedroom unit is a 443-square-foot apartment (Block 3, Unit F), priced at HK$9.32 million (HK$21,038 per square foot).

Meanwhile, the cheapest three-bedroom unit has a saleable area of 759 square feet (Block 3, Unit G), priced at HK$16.14 million (HK$21,261 per square foot).

The developer noted that the latest price adjustments reflect the near-completion status and high quality of the project. Recent market improvements and the return of short-term investors have also boosted buyer confidence. Further price adjustments are possible in upcoming sales phases.

In addition, a new payment plan has been introduced, offering up to a 13% discount. This plan replaces the previous payment options, effectively reducing existing discounts by 1% for remaining units.

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