New Development | Kai Tak Bay Sells 11 More Units, Cashing in 80 Million

SighingCashier · 2026-03-15T13:30:53+00:00

Kai Wah International recorded 11 transactions at Kai Tak Bay in East Kowloon this weekend, with total proceeds of approximately HK$80 million. Among them, a local investor purchased 3 one-bedroom units for over HK$20.68 million, planning long-term rental income; another group of mainland buyers spent over HK$15.52 million acquiring 2 two-bedroom units.

SighingCashier

2026-03-15 13:30:53

Abstract generation in progress

Kowloon East Kai Tak Development, led by K. Wah International (00173), recorded 11 transactions this weekend at Kai Tak Harbour Bay on Kai Tak San Po Road, including 8 one-bedroom units and 3 two-bedroom units, totaling approximately HKD 80 million in cash.

A local investor spent over HKD 20.68 million to purchase three one-bedroom units for long-term rental, including Unit D on 23rd floor, Block 2C, with a practical area of 307 sq ft and a price of HKD 22,534 per sq ft.

Another group of mainland buyers spent over HKD 15.52 million to purchase two units, including Unit E on 22nd floor, Block 2A, with a two-bedroom layout, a practical area of 437 sq ft, and a transaction price of HKD 9.218 million, at HKD 21,094 per sq ft.

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