Luxury Sai Kung homes to hit market

June Chen

Chinachem's luxury residential project at 162 Hiram's Highway in Sai Kung has been named Whitesand Cove and will be put on sale after the Chinese New Year.

The project offers 40 units, including six houses with sizes ranging from 2,195 to 3,162 square feet.

As there have not been any luxury houses supplies in Hebe Haven for 15 years, the homes in the project will be priced in line with other luxury homes from developers that lie near the sea in the area.

Meanwhile, Henderson Land Development (0012) has cashed in around HK$11 billion from the sale of 1,062 homes at The Henley and Henley Park in Kai Tak. A 888-sq-ft flat at The Henley II sold for HK$30.81 million or HK$34,700 sq ft this week.

The developer plans to launch four new projects this year to offer more than 1,300 flats, including the second phase of Belgravia Place in Shek Kip Mei, Parkwood in Tai Po, a redeveloped project on To Kwa Wan Road and a project on Castle Road, Mid-levels West.

In other news, the Buildings Department approved nine building plans in November, including two on Hong Kong Island, three in Kowloon and four in the New Territories.

Among them, Sino Land's (0083) Cheung Sha site in Lantau Island, obtained for nearly HK$204 million previously, is permitted to develop 24 houses. The site is near the residential project Whitesands.