Unbeatable Luxury: ONE JARDINE’S LOOKOUT Unveils Exclusive Offer – 50 Units at Unprecedented 17,904 Yuan Per Square Foot
- International Emperor (00163) has announced the launch of its latest project, ONE JARDINE'S LOOKOUT, a luxury development in Happy Valley.
- Yang Zhenglong, vice chairman of the group, stated that the pricing takes into account market affordability and is described as a "rising price." The group aims to bring...
- The first batch of units includes 18 one-bedroom units, 11 two-bedroom units, and 21 three-bedroom units, with salable areas ranging from 231 to 559 square feet.
ONE JARDINE’S LOOKOUT: A New Luxury Development in Happy Valley
International Emperor (00163) has announced the launch of its latest project, ONE JARDINE’S LOOKOUT, a luxury development in Happy Valley. The project offers 123 units, with the first price list featuring 50 units and an average discount price per square foot of approximately HK$17,904.
Market Outlook and Pricing Strategy
Yang Zhenglong, vice chairman of the group, stated that the pricing takes into account market affordability and is described as a “rising price.” The group aims to bring “mingsheng” properties to buyers, which are properties that are sure to rise in value. He believes that the recent interest rate cuts will boost the property market and expects the market outlook to improve.
Unit Details and Pricing
The first batch of units includes 18 one-bedroom units, 11 two-bedroom units, and 21 three-bedroom units, with salable areas ranging from 231 to 559 square feet. The price list provides three payment plans, offering flexibility to potential buyers.
Discounted Prices and Unit Details
The receiving unit, Room E on the 2nd floor, has a usable area of 231 square feet and a one-bedroom division. The discounted price per square foot is approximately NT$18,000. The lowest price per square foot is Room D on the 2nd floor, with a usable area of 559 square feet and a discounted price per square foot of approximately NT$15,888.
The lowest selling price for two-bedroom apartments is Suite C on the 2nd floor, with a usable area of 392 square feet, a discounted price of NT$6.5072 million, and a discounted price per square foot of approximately NT$16,600.
Project Details and Expected Completion Date
The project adopts a single building design, with all units ranging from open plans to four bedrooms, and salable areas ranging from 147 to 1,211 square feet. The expected key date is December 31, 2024.
Comparison to Nearby Developments
Data shows that EIGHT KWAI FONG HAPPY VALLEY in the same area launched the first batch of 50 units in late 2020, with a discounted average price per square foot of approximately 31,129 yuan.