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Old October 11th, 2011, 11:25 AM   #1
hkskyline
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HONG KONG | Chatham Gate | 150m x 2 | U/C

A Joint Project Developed by Four Major Developers in Hong Kong
Grand Mansion at Chatham Road Officially Named “Chatham Gate”
Overlooking the World-class Views of Victoria Harbour The Last Skyscraping Residential Project in The District

Press Release

(23 August 2011, Hong Kong) The brand new grand residential mansion at Chatham Road jointly developed by Shun Tak Holdings Limited, New World Development Company Limited, Liu Chong Hing Investment Limited and Sun Hung Kai Properties Limited is officially named “Chatham Gate”. The property is located at a premium section in Kowloon district, and enjoys the convenience of several transportation hubs, the sparkling views of Victoria Harbour, and the extravagance offered by the world-class Kai Tak Metropolis coming soon. With such geographical advantages so preciously hard to find, the upstart property will surely become a charming attraction.

Shun Tak Holdings Limited Property Sales Director Mr. Warren Leung and Sun Hung Kai Real Estate Agency Project Liaison Manager – Sales Ms Charmaine Lau introduced the main attractions of “Chatham Gate” to the media today and officiated the naming ceremony of the property.

Shun Tak Holdings Limited Property Sales Director Mr. Warren Leung indicated, ““Chatham Gate” is named after the grandeur of its noble architectural style and the towering arch-shaped design. With its soaring height of 150m, the property stands like a grand master of the sky.

“Chatham Gate” will be the last newly-built skyscraping residential tower in the district because of the new restrictions revised by the Town Planning Board. The privileged residents can enjoy the vast eastern views of the future Kai Tak Metropolis, the sparkling southern views of the fireworks over the sky of Victoria Harbour, the charming western views of Tsing Ma Bridge and the majestic northern views of the lofty mountain ranges of Lion Rock. The 360° panorama perfectly transcends the status of the property.”

Sun Hung Kai Real Estate Agency Project Liaison Manager – Sales Ms Charmaine Lau expressed, ““Chatham Gate” is located at the heart of Kowloon district with unprecedented geographical advantages and superior development potential. It is expected to become a star in the market that will attract a large number of investors, cross-border merchants and user-buyers. The property only offers 334 units, which further demonstrate how precious and rare this project is. The standard unit size ranges from 392 to 2,080 square feet, with a flexibly practical floor plan, including diversified designs like studio flat and 4-bedroom unit, appealing to different market needs.”

“Chatham Gate” fully enjoys the geographical advantages of the City of Charm with its location at the heart of the transportation and commercial hubs of the Kowloon district. The project connects three of the main vehicle tunnels in Hong Kong with a 2-minute driving distance from the neighbouring Hung Hom Cross Harbour Tunnel, and only 8 minutes and 4 minutes away from the Eastern Harbour Crossing and Western Harbour Crossing.

Furthermore, it only takes 4 minutes and 2 minutes to drive to the Canton-Hong Kong Bus Terminus and Hung Hum MTR Station, linking the property to the seven main business districts in Hong Kong, as well as offering a quick pass to mainland China. The property is also next to international shopping hotspots in Kowloon: 4 minutes away from Tsim Sha Tsui and 3-minute walking distance from Ho Man Tin station, which means that it will link up the Kwun Tong Line Extension and the planned Shatin to Central Link. Such rare convenience and advantages offered by the premium location would grant the property an unparalleled potential not to be ignored.

“Chatham Gate” is located at 388 Chatham Road, and comprised of 2 blocks of luxurious residential building. Most of the units would overlook the charming views of Victoria Harbour and the flourishing Kai Tak Metropolis in the future. The property offers a total of 334 units, ranging from studio flats to 4-bedroom units that are 392 to 2,080 square feet large, and also special featured units. “Chatham Gate” will have a sky clubhouse, and will demonstrate an exquisite grandiosity of luxury in its outlook, layout and clubhouse facilities. It will become an upstart, grand residential project rare to find in the town.
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Old October 11th, 2011, 02:21 PM   #2
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render and construction site





http://www.gohome.com.hk/new-propert...e/ad-10387/en/
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Old November 22nd, 2011, 10:27 AM   #3
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Discounts continue on The Wings units
The Standard
Friday, November 04, 2011

Sun Hung Kai Properties (0016) is continuing to release new flats at The Wings with ever-steeper discounts.

The developer has sent to market another batch of flats priced below units from the previous batch - which carry tags that are about 30 percent less than those sold in the first round of offers.

The latest batch of 42 flats is priced at an average of HK$8,118 per square foot. They range in size from 1,100 to 1,128 square feet.

On Wednesday, SHKP introduced 50 flats at an average of HK$8,750 psf - or about 30 percent lower than the previous batch.

Last month, it released two batches of 65 flats. They range in size from 1,133 to 2,560 sq ft, priced at an average of HK$12,698 psf and HK$10,785 psf respectively.

SHKP also said it will launch another 10 flats at The Latitude in San Po Kong. The 1,701-sq-ft flats will be priced at HK$16,000 psf. Some other special units will cost around HK$30,000 psf.

At its other project, Chatham Gate in Hung Hom, about 1,000 enquiries have been received, according to SHKP. The project, developed with New World Development (0017), Shun Tak Holdings (0242), and Liu Chong Hing Investment (0194), is expected to receive pre-sale consent soon.

Cheung Kong (Holdings) (0001) also plans to release three- and four-room units at Festival City 3 in Tai Wai next week.

The flats, sized between 947 and 1,376 sq ft, will be priced with reference to secondary flats at Festival City 1 and 2. Similar flats sell for between HK$9,000 and HK$11,000 psf.

Meanwhile, Sino Land (0083) said it plans specialty flats at Providence Bay in Tai Po with prices reference to similar units at One Mayfair in Kowloon Tong. Some apartments sized between 2,900 and 3,300 sq ft could cost between HK$26,000 and HK$28,000 psf.

And Wing Tai Properties director of sales and marketing Anita Chan Sau-yin said the company would refer potential tenants from nearby Lanson Place Hotel to buyers at The Warren in Tai Hang. Rentals at The Warren would be comparable to the hotel, now leasing for HK$130 psf a month.
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Old December 1st, 2011, 06:22 AM   #4
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Construction site photos :



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Old December 22nd, 2011, 04:01 AM   #5
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Hot spot in a cold market
The Standard
Thursday, December 22, 2011

Hung Hom is bringing a rare feeling of warmth to a property market that has sent chills down the spines of agents. The optimism is emanating from the same area, around Fat Kwong Street, where three residential projects are sending pulses racing by coming on the market at almost the same time.

Making their sales pitches easier is the fact that more supply in the area is on the way, with top developers keen to stock up on sites that are becoming rare.

The previous major one to hit the headlines came in June last year, when Sun Hung Kai Properties (0016) splashed out HK$10.9 billion - a record for Kowloon - for a prime 173,800-square-foot plot on the same street.

The site is 300 meters down the road from Chatham Gate, currently the largest project on the market in the area, with its initial price list published last Wednesday.

Its first 51 flats, mostly facing south - the preferred orientation for Chinese - average HK$16,118 per square foot, among the most expensive in the district. The project's 334 flats range in size between 392 and 2,080 square feet.

Chatham Gate's joint developers - which include SHKP, Shun Tak Holdings (0242), New World Development (0017) and Liu Chong Hing Investment (0194) - have not taken an aggressive sales tack, yet some transactions and reservations have already been recorded this week.

The second is The Met.Focus from Wang On Group (1222), which has sold 30 of its 103 homes. The flats, smaller ones of between 294 and 467 sq ft, are averaging more than HK$9,000 psf.

Its next-door neighbor, Star Ruby, is the last of the three projects to be put on the market. Its developer, Far East Consortium (0035), is expected to make the first batch of 30 flats available at an average of HK$9,188 psf as soon as tomorrow.

Why has Hung Hom become so attractive?

Centaline Property senior director Rocky Wong Chun-wai puts it down to the old real-estate mantra - location, location, location.

"Being in an urban area is one of the best selling points, for new residential projects like these are becoming rarer and rarer," he said.

Another top selling point is auspicious infrastructural projects that are set to bind the area to the rest of the city. The district, once infamous for bumper- to-bumper traffic waiting to get in and out of the Cross-Harbour Tunnel - is getting on the MTR system map.

That is in the form of Ho Man Tin station, which takes shape as part of the Kwun Tong Line extension.

Due to open in 2015, the station will be just minutes away from all three developments.

Looking to make the most of the MTR selling point, other developers certainly have not overlooked the opportunities nearby.

In April, Nan Fung and Wing Tai Asia (0369) bought at a land auction a site on Ko Shan Road, across the street from Chatham Gate, for HK$1.5 billion.

In June, Cheung Kong (Holdings) (0001) snapped up a tiny site on Gillies Road South for HK$7,640 psf, beating out 10 other bidders. Government officials were reportedly "stunned" by the strong interest in a site that carries restrictions on flat sizes.

Centaline's Wong said the projects under way on Fat Kwong Street, Ko Shan Road and Gillies Road South will come on the market in 2013 or 2014.

The MTR extension will also connect to harborside Whampoa Garden, the ship dock-turnedlarge housing estate built by Cheung Kong in the 1980s. Since the development, the Hung Hom Bay area has been a stronghold of tycoon Li Ka-shing's corporate empire. But in August, Wheelock & Co (0020) surprised the market by acquiring a commercial site in the heart of Hung Hom Bay for HK$4 billion.

Analysts say that as the MTR will soon link Hung Hom to East Kowloon - a district highlighted in Chief Executive Donald Tsang Yam-kuen's policy address in October - major developers are rushing to secure the last pieces of brownfield sites in the district. The government plans to develop East Kowloon, including the new Kai Tak Development Area, Kwun Tong and Kowloon Bay, into another business district.

Some believe that while this will not hurt Central's status as Hong Kong's commercial center, Tsim Sha Tsui's office market - in which Wheelock has a strong presence through subsidiary Wharf Holdings (0004) - will take the worst hit. This may explain why Wheelock is rushing to diversify.

Before the Hung Hom deal, the company, controlled by Peter Woo Kwong-ching, purchased a commercial site on Wai Yip Street in Kwun Tong for HK$3.5 billion in July. It will cost Wheelock more than HK$12 billion to develop its two commercial sites, analysts estimate.

Last week, a hotel plot near Wheelock's Hung Hom site attracted four bidders, including SHKP, Cheung Kong and Sino Land (0083).

Market experts believe that the eventual successful tender price will add another chapter to Hung Hom's residential renaissance.
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Old February 5th, 2012, 07:48 AM   #6
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Sales brochures (Centaline) :

Master Layout



Clubhouse








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Old March 28th, 2012, 08:02 PM   #7
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3/24

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Old April 10th, 2012, 04:19 PM   #8
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Source : Centaline





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Old April 11th, 2012, 08:11 PM   #9
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Amazing! Very nice.
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Old April 28th, 2013, 07:27 PM   #10
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By Kilgore Trout from this thread on SSP :

4/28

image hosted on flickr

IMG_0908 by christopher dewolf | urbanphoto.net, on Flickr
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Old April 15th, 2014, 05:22 PM   #11
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Chatham Gate open to discounts
10 January 2014
The Standard

Developers of Chatham Gate in Hung Hom yesterday moved to follow the recent price-cutting trend by offering as much as 25 percent discounts for the first 31 buyers on the re-launch next Saturday.

This came just two days after the consortium led by Sun Hung Kai Properties (0016), New World Development (0017) and Shun Tak Holdings (0242) decided not to give any discounts for remaining flats at the Chatham Road North project, making them almost the most expensive in the district.

A total of 94 flats, measuring 306-1,593 square feet, were priced on Tuesday between HK$4.37 million and HK$39.77 million.

The first batch of 31 units to go on sale next weekend will cost an average of HK$23,542 per sellable sq ft, versus about HK$12,000-HK$23,000 pssf for new and used homes in Hung Hom.

However, with the 25 percent discounts offered, it would translate to just HK$17,656 per sellable sq ft.

Show flats at the 334-unit development were opened yesterday. Around 238 flats were sold before sales were halted after the new law for first-hand flat sales became effective last April.

In contrast, Cheung Kong Holdings (0001) is to hike prices by up to 2 percent on Monday for 12 flats at DIVA in North Point amid overwhelming response.

But the Sales of First-hand Residential Properties Authority yesterday raised concerns about the different sales arrangements practised for the first 36 and second 26 units released today and Saturday respectively. Registered buyers for the former batch are required to arrive at the sales office at a specific time in order to get into the ballot.

Cheung Kong said there will be sufficient staff to maintain order.

Meanwhile, Hutchison Whampoa Property will resume sales at 28 Barker Road on The Peak on Sunday, putting a 6,847 sq ft house on sale for HK$690 million on a first-come-first-served basis.
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