3,000 homes get go signal

The Buildings Department yesterday reported that it had approved 20 sets of building plans in June involving more than 3,000 small and medium-sized flats.

Of the approved plans, 16 were for apartment and apartment/commercial developments, with six on Hong Kong Island, three in Kowloon and 11 in the New Territories.

Consent was given for work to start on 16 building projects among the 20 plans, which when completed will provide 131,448 square meters of gross floor area for domestic use involving 3,094 homes plus 62,679 sq m of gross floor area for non-domestic use.

The largest of these is a residential project in the Tai Po Road-Tai Po Kau area, which is intended to be for multi-level flats and limited-height blocks of homes with a total floor area of around 95,090 square feet.

Two eight- and nine-floor buildings, five three-story blocks and a four-floor family dwelling with a basement are envisaged for the project.

And the building where the late Hong Kong singer and actress Anita Mui Yim-fong's home is located, Henredon Court at Shouson Hill, has been approved for redevelopment into a three-floor residential building involving a total floor area of 57,700 sq ft.

Sun Hung Kai Properties (0016) has meanwhile received 12,887 checks for its first round of sales at Novo Land's phase 1B, making the batch more than 70 times oversubscribed.

And Henderson Land (0012) announced it will be selling 32 units at The Henley I in East Kai Tak on Saturday, with the lowest price at HK$24,747 per sq ft.

Elsewhere, a luxury harbor-view five-room home at 21 Borrett Road in Mid-Levels has been rented at about HK$230,000 per month while a harbor-view duplex at Marinella in Aberdeen has gone for rental at HK$45,000 monthly.

Meanwhile, the mortgage-related one-month Hong Kong Interbank offered rate rose to 1.87446 percent, the highest since March 2020.