Wharf's Peak Portfolio redefines the concept of luxury living with a collection of the rarest and most prestigious residences nestled on the Peak, epitomising a unique and exclusive lifestyle at the most sought-after addresses in town.
Mount Nicholson, a 50:50 joint venture development completed in 2016, has made headlines to break one price record after another. It features the finest selection of ultra-luxury residences commanding uninterrupted views of Victoria Harbour.
Superstructure works for the re-development of 11 Plantation Road (seven houses) and 77 Peak Road (eight houses) were completed in 2017 and for the re-development of 1 Plantation Road (20 houses) are in progress. Chelsea Court and Strawberry Hill have been leasing well.
A Collection of Luxurious Residences on the Peak
|Project Name||Status||Attributable GFA (sq.ft)|
|Mount Nicholson (50% owned, JV)||Sales||62,000|
|1 Plantation Road||Redevelopment||91,000|
|11 Plantation Road||Redevelopment||46,300|
|77 Peak Road||Redevelopment||42,200|
Kowloon East Waterfront Portfolio and Others
Kowloon East Waterfront Portfolio
Kowloon East Waterfront Portfolio in the vibrant CBD2 under the Government's "Energising Kowloon East" initiative is another focus of the Group. It showcases a rare collection of premier developments that span a 500-metre coastline and enjoy a spectacular harbour view.
Kowloon Godown comprises a warehouse and an open yard with an existing operating GFA of one million square feet. Different re-development options are under evaluation.
The 15%-owned Yau Tong Bay joint venture project is prominently located in close proximity to the MTR station and fronts Victoria Harbour with a compelling panoramic view. The development features a total GFA of four million square feet to provide 6,300 residential units. General building plans have been approved. Lease modification is under way.
New Land Site in Kowloon Tong
A residential development site in Kowloon Tong was acquired in a public tender in January 2018 for HK$12.5 billion. With total developable GFA of 436,000 square feet, the site is strategically located at the junction of Lion Rock Tunnel Road and Lung Cheung Road, adjacent to the traditional luxury residential area of Beacon Hill with a prestigious school network. It is poised to become an exquisite living destination in the Kowloon Peninsula.
|Project Name||Commercial||Industrial||Residential||Status||Attributable GFA(sq.ft)|
|Yau Tong Bay (15% owned, JV)||Development||601,000|
|Cable TV Tower Units||Lease||566,000|
|Kowloon Tong Residential Project||Planning||436,000|