Henderson Land Development’s (0012) phase 2 of Highwood in To Kwa Wan may launch additional units following Wednesday’s second-round sale, with potential for price increases, said Thomas Lam Tat-man, general manager of sales (1) department.
The second round sale of 50 units will begin on Wednesday. These units range from one- to three-bedroom layouts, with discounted prices between HK$5.24 million and HK$12.18 million.
Lam said that Highwood phase 2 has generated HK$1.08 billion from the sale of 150 units in its first round.
The two phases of Highwood have sold a total of 548 units so far, raking in HK$3.57 billion, according to Lam.