Wong Kar Yi's Yili 1 Rapidly Headed for Sale, Visited by 'Cultural Feminist' Du Xiaojiao

Hengki’s new property Yili 1 in Wong Kar Yi is gearing up for its first sale, drawing in potential buyers. Cultural icon Du Xiaojiao visited the demonstration unit and emphasized that the most important factor for an ideal home is that it suits one’s personal lifestyle. The units are priced at around HK$20,300 per square foot, with 24 out of the first 50 units available for less than HK$6 million.

Harding Place in Mong Kok, developed by Henderson Land, is heating up with eager buyers lining up to purchase its first batch of units after being priced closer to second-hand market rates similar to its series projects. Henderson Land's property agent director and sales (II) department general manager, Han Jiahui, expects the first sales arrangement will be launched within the short term, potentially as early as next week. Dujuo, the so-called "Literary Goddess," visited the sales hall and sample unit recently to view the newly launched development. She emphasized that despite the preference for spaces with ample natural light and large living areas, the most crucial factor is the ability to align with one's lifestyle, allowing for relaxation after a stressful workday. Additionally, convenient transportation and proximity to unique local shops help maintain a balance between efficiency and living standards. The first price list of Harding Place includes 26 two-bedroom units and 24 one-bedroom units, ranging in size from 273 to 393 square feet, priced at HKD 5.339 million to HKD 9.509 million. Calculated with a 6% discount, the actual selling prices range from HKD 5.0186 million to HKD 8.9384 million, with average per square foot prices of HKD 17,988 to HKD 22,816 for the units. The floor price after discount is approximately HKD 20,348 per square foot, which is in line with recent second-hand market prices for similar projects in the area and slightly lower than the recent price of the remaining stock of Lion Rock Courtyard. Among the units, 24 are priced below HKD 6 million, while 16 are priced between HKD 6 million and HKD 8 million.

Harding Place, a new development in Mong Kok by Henderson Land, has seen a surge in interest as buyers eagerly queue to secure units. The project is priced closer to the second-hand market rates of similar series projects, demonstrating Henderson Land’s intention to make it more accessible to potential buyers. Given the project’s proximity to Kowloon’s central areas, transport convenience is likely to be a key draw for buyers looking to navigate the bustling Mong Kok district smoothly. Dujuo, known as the "Literary Goddess," made a visit to the sales hall and sample unit to assess whether the development meets her criteria for a desirable residence. She highlighted the importance of aligning a home with one’s lifestyle, suggesting that a balance between functionality and personal preference is paramount. Her visit underscores the target market’s interest in well-connected properties that offer a harmonious living experience amidst both urban convenience and local charm. With prices set for the first batch ranging from HKD 5.3 million to HKD 9.5 million for two-bedroom units and around HKD 5.02 million to HKD 8.94 million for one-bedroom units, after a 6% discount, potential buyers are finding the development to be a promising opportunity. The average per square foot price ranges between HKD 17,988 and HKD 22,816, making it competitively priced relative to the recent transactions in the area.