HANG LUNG GROUP LIMITED First Batch of 48 Select Flats Sold Out the Same Day
(Hong Kong, August 30, 2014) Hang Lung Properties Limited (HKSE stock code: 101) is pleased to announce that the Company's top-of-the-line residential complex, The HarbourSide towering above Kowloon Station in South West Kowloon, has been put on the market again offering an initial lot of 48 select flats today. Quickly grabbing the keen attention of discerning buyers, over 90% of the units were snapped up in the first three hours with the whole lot being sold out on the same day.
The 48 two-bedroom and three-bedroom select flats of The HarbourSide range in size from 809 square feet to 1,135 square feet of saleable area. Most of the select flats face Victoria Harbour. Its modern design, contemporary lifestyle facilities, as well as easy accessibility, all come together to create a landmark in Hong Kong.
The HarbourSide buyers of the select flats are offered 60-day and 90-day payment plans. Coupling with the special discount that would be received upon signing of the Preliminary Agreement for Sale and Purchase prior to a specific date stated, buyers selecting specified terms of payment can enjoy privilege discounts up to 22% on offer prices. Additionally, they shall also be entitled to 50% cash rebates on ad valorem stamp duty and Buyer's Stamp Duty. (The above terms of payment, discounts and cash rebates are subject to the terms and conditions set out in price list no. 1 of The HarbourSide.)
About The HarbourSide
Soaring atop Kowloon Station, The HarbourSide is a prestigious residential development in a prime location in South West Kowloon. The three connected 75-story residential towers, built in an arc ensuring an entrancing view of Victoria Harbour, exude an aura of prestige and elegance.
The HarbourSide provides 1,122 residential units, offering two-bedroom, three-bedroom, four-bedroom and duplex units. Sitting at the heart of an efficient road and rail network with transport across Hong Kong and to the city's international airport made easy.
About Hang Lung Properties
Hang Lung Properties Limited, a constituent stock of the Hang Seng Index and Hang Seng Corporate Sustainability Indices in Hong Kong, is a leading real estate developer in Hong Kong and mainland China. Boasting a diversified portfolio of investment properties in Hong Kong, the Company has progressively branched out into the Mainland since the 1990s, building, owning and managing world-class commercial complexes in key cities, projects that have earned international acclaim for their exceptional quality of architectural design, services and sustainable features.
Riding on the immense success of its two landmark properties in Shanghai, Plaza 66 and Grand Gateway 66, the Company's footprint has expanded to Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming and Wuhan, with all the Mainland projects carrying the "66" brand. Subsequent to the grand openings of Parc 66 in Jinan as well as Palace 66 and Forum 66 in Shenyang over the past few years, Center 66, another world-class investment property in Wuxi, came into operation in September 2013. As Hang Lung's business continues to grow, the Company is set to develop into the most admired mega national commercial property enterprise in the market.
Media contact:
Betty Law
Senior Manager
Corporate Communications
BettyLaw@hanglung.com
Jennifer Tam
Manager
Corporate Communications
JenniferzyTam@hanglung.com
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