Blue Coast raises price by 5pc for 25 units

The Blue Coast at Wong Chuk Hang Station, co-developed by CK Asset (1113) and MTR Corporation (0066), will raise the price by about 5 percent to push 25 units, with the sales starting on Sunday.

With the latest updated price list, the discounted price is starting at HK$18.33 million.

The developer mentioned that another 15 units will be offered for tender on March 2.

Besides, CK Asset's chief sales manager William Kwok Tze-wai said that according to the budget plan that was announced on Wednesday, the property market has been active since last March, and property prices have risen by 3.3 percent, so Blue Coast's price increase of 5 percent this time reflects market conditions.