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iCITY Phase II in Kwai Chung Launches First Batch of 15 Workspaces, Discounted Prices from HKD2.162 million
iCITY Phase II, a new industrial building project in Kwai Chung developed by Soundwill Holdings (00878.HK), unveiled its first price list today (21st) for its 24-hour workspaces, w...
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iCITY Phase II in Kwai Chung Launches First Batch of 15 Workspaces, Discounted Prices from HKD2.162 million
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iCITY Phase II, a new industrial building project in Kwai Chung developed by Soundwill Holdings (00878.HK)  -0.050 (-0.704%)   , unveiled its first price list today (21st) for its 24-hour workspaces, with discounted prices starting from HKD2.162 million.

The first price list for iCITY Phase II covers 15 workspaces on the 8th floor, with gross floor areas ranging from 335 to 449 sq ft. Listed prices range from HKD2.35 million to HKD3.106 million. The developer offers two payment plans: a 90-day completion period with a 3% discount, and a 45-day completion period with an 8% discount. Based on the higher-discount 45-day plan, the average discounted price is approximately HKD2.662 million, with an average discounted price of about HKD6,570 per sq ft. Discounted prices range from HKD2.162 million to HKD2.8575 million.

The lowest entry price is for Unit 38 on the 8th floor, with a gross floor area of 385 sq ft, priced at HKD2.162 million after discount, equivalent to about HKD5,616 per sq ft. The highest-priced unit is Unit 22 on the 8th floor, with a gross floor area of 449 sq ft, priced at HKD2.8575 million after discount, or about HKD6,364 per sq ft.

The project also offers bulk purchase incentives. Buyers purchasing two units are entitled to an additional 2% discount on the property price, bringing the maximum discount to 10%. Currently, some units on the 6th and 7th floors of Phase II have been reserved by bulk buyers. Show flats are open to the public starting today.

Located at 111 Ta Chuen Ping Street, Kwai Chung, iCITY offers workspaces with gross floor areas ranging from 335 to 510 sq ft and ceiling heights of up to 4.2 metres. Each unit is equipped with an independent restroom. (sl/da)(HK stocks quote is delayed for at least 15 mins.)

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