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Showing posts with the label Park Island phase 6

Anacapri Park Island Prices Announced

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Below is the price list for Anacapri on Park Island released today by Sun Hung Kai.
The list is for the "middle apartments", which means those which are not ground floor with garden units, or top floor with roof units.
Prices seem reasonable, and are priced at between 7000 to 8000 per square foot. So for a 1000 square foot apartment in Anacapri, you are looking at around HKD $7-8 million. Really pretty good value in my opinion, and lower that what I had thought they would be given the high quality of the development.
Based on feedback from agents, it seems he top floor and ground floor prices are expected to be around 14,000 to 19,000 per square foot.



I wonder what this relatively low pricing of Anacapri reveals about the Hong Kong property market? Property transactions are low in Hong Kong and for the time being, banks require 50% or more deposit at the moment for mortgages, which I think has contributed to relatively affordable prices.
It's also well-known that the develop…

An article about the Phase 6 Park Island Villas

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This article about the new villas on Park Island (phase 6) states as follows:
Floor plans will be released in the next few days, and maybe will start selling next week.
Prices are expected to be above $10,000 per square foot.
More than 500 people have registered an interest in buying.
Standard size of the villas are 1200 to 1500 sqft.
Duplux is 2000 sqft.
6 units have swimming pools and gardens as big as 4400sqft.
Total of 65 units are available.