Aperture to offer 294 homes

Hang Lung Properties' (0101) new project at 11 Ngau Tau Kok Road in Kowloon has been named as The Aperture, and will offer 294 flats.

The expected handover date will be October 2023, which indicates a pre-sale period of about 24 months.

Typical units in the project are in one to three-bedroom layout designs, with areas ranging from 320 to 771 square feet. Nearly half of them are two-bedroom units.

The single-block residential building includes a 15,000-sq-ft clubhouse, 37 car parking spaces and a shopping center at the podium.

Teresa Pang, developer's senior manager in property sales, said show flats are close to completion and will be made available to the public shortly. The selling price of the project will take reference from new projects in East Kowloon, according to Pang.

The company expects that extended families in the district and those looking to upgrade their homes, as well as professionals and young families, will be interested in the project.

In 2019, Hang Lung paid the equivalent of HK$11,100 per square foot to unify the ownership of the site, which had previously served as an industrial centre, through a public tender.

Meanwhile, Monaco One in Kai Tak sold at least 150 units in the second round of sales yesterday.