COMMERCIAL PROPERTY | Staff Reporter, Hong Kong

Henderson Land's Park One project price for additional flats increases 4%

There will be additional 22 flats.

Henderson Land added 22 flats to the first batch that it will offer for sale in mid-October at its Park One project.

According to a research note from Kim Eng, the addition brings total flats on offer in the first batch to 50.

The additional flats though will be priced 4% higher than the initial allocation and will cost from HKD6.24m to HKD9.93m.

Here's more from Kim Eng:

After a maximum discount of 5%, prices will range from HKD5.93m to HKD9.43m.

We believe the concept of a 595 sq ft flat with four bedrooms has been well received by the market, which offers room for the developer to increase pricing.

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