New Development | Kai Tak Bay Phase 2 Show Flat Available, Sales Expected as Soon as Next Month

SighingCashier · 2026-03-30T08:02:20+00:00

Kowloon Development launches Phase 2 of Kai Tak Bay, offering 1,121 units, including studios to 3-bedroom units, with a focus on 1- and 2-bedroom units. The project brochure has been uploaded, and sales are planned to start next month. Pricing will reference Phase 1 and surrounding properties. Phase 1 has sold 793 units, generating over HKD 6.6 billion in cash.

SighingCashier

2026-03-30 08:02:20

Abstract generation in progress

K. Wah International (00173) is leading the sales momentum for the second phase of Kai Tak Ocean Bay in Kowloon East. K. Wah International’s Director of Development and Leasing (Hong Kong Properties), Yip Tsz Wai, stated that the sales brochure for Kai Tak Ocean Bay Phase 2 has been uploaded today, offering studio to three-bedroom units, focusing on one- and two-bedroom apartments. The project’s show flats are set to open for media viewing this week, with a possible launch next month, and pricing will reference the first phase of Kai Tak Ocean Bay and nearby properties, while the highest transaction price per square foot for the first phase of Kai Tak Ocean Bay recently reached approximately HKD 26,000.

Yip Tsz Wai pointed out that 138 units of Kai Tak Ocean Bay Phase 1 were sold this year, with a total of 793 units sold since the entire development was launched, realizing over HKD 6.6 billion.

K. Wah International’s Sales Manager (Hong Kong Properties), Wong Ting Ho, noted that Kai Tak Ocean Bay Phase 2 consists of three towers, providing 1,121 units, with Tower 1C named “Kai Tak Ocean Bay: Starry Waves.”

Data shows that Kai Tak Ocean Bay Phase 2 offers 2 studio units, 477 one-bedroom units, 581 two-bedroom units, and 61 three-bedroom units, with usable areas ranging from 258 to 771 square feet.

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