“8 LaSalle” units asking for HKD23,196 per sq. ft., well above secondary market

Posted: Oct 7 2014Last Updated: Feb 11 2016
8 LaSalle, Ho Man Tin7 October 2014 - Kerry Properties (0683) yesterday announced the price list of its luxury residential project “8 LaSalle” in Ho Man Tin. The first batch of 30 units, located between the second and fifteenth floors of the property, include 3 special units with flat roofs.
The developer also announced the sale arrangements for the property last night. The first batch is set to launch on Friday (10 October) and the developer will start accepting buyers’ cheque submissions today. Show flats at the property will be opened to the press for inspection today as well.
It is reported that similar nearby units in the secondary market are on the market for sale at asking prices between HKD12,600 to 13,500 per sq. ft. (saleable) which is far below the price level set for “8 LaSalle”.
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