Chinachem's Tsim Sha Tsui project dubbed ZENDO HOUSE

Chinachem dubbed its Tsim Sha Tsui project "ZENDO HOUSE", offering 164 units, which is expected to be launched after the Chinese New Year holiday.

The development features one- and two-bedroom layouts, with one-bedroom units accounting for over 80 percent. The sizes of these flats range from 274 to 468 square feet. 

The construction is expected to be finished on September 16 this year, the developer said.

Helen Fung, director of Sales and Marketing of Chinachem, said the company will keep rolling out sales of IN ONE in Ho Man Tin and WHITESAND COVE in Sai Kung, and a large residential project will be unveiled this year.

As the city's official home price index has risen for seven straight months, Chinachem's projects will have room for a 3 to 5 percent price hike, he said, adding that the property price is expected to advance 5 percent this year.