New Development | Phase 1 of Feiyang sells a three-bedroom unit for 9.46 million

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Cheung Sha Wan (01113) and New World Development (00016) are jointly developing the Siu Sau Large Development Project Phase 1 of Tuen Mun Area 55, Feiyang Phase 1. It was sold in a tender format for one 3-bedroom unit with a car parking space. The unit is located at Flat A on the 12th floor of Tower 1, with a saleable area of 712 sq. ft. It has 3 bedrooms, 1 en-suite, and includes a storage room between sections. The buyer chose the “Flexi-Buy Customizable Completion Date” payment plan, with a completion date of 120 days. It was transacted for 9.46M yuan, at a saleable price of 13,290 yuan per sq. ft.

It is understood that the buyer is a local resident, attracted by the unit’s well-proportioned layout and practical layout. In addition, the project has a large independent clubhouse and offers comprehensive day-to-day living amenities, so they decided to purchase the unit for self-occupation.

So far, the Feiyang series projects have sold a total of 765 units, bringing in over HK$3.9 billion in cash. Currently, only the final six 2-bedroom units and a small number of 3-bedroom units remain available.

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