Wheelock Properties and MTR's Yellowkong MONT BLUE to Launch 93 Units for Sale on Sunday; Currently Received 1,500 Ballots, Oversubscription of 15 Times

SadMoneyMeow · 2026-03-18T09:06:19+00:00

Wheelock Properties and MTR's jointly developed South Island Line project "Deep Water South Phase 6A" at Wong Chuk Hang will launch 93 units on March 22, with effective prices starting from HK$9.068 million. The project has been oversubscribed by 15 times. The project has attracted over 4,000 visitor trips, with the majority of buyers being mainland clients. Phase 6B has sold 11 units, with rental yields reaching 3%.

SadMoneyMeow

2026-03-18 09:06:19

Abstract generation in progress

Opinion Network News: On March 18, Wharf REIC and MTR Corporation (00066) announced the first phase sales arrangement for the Huang Zhu坑港岛南岸项目 DEEP WATER SOUTH 6A, which will be launched on March 22 (Sunday). A total of 93 units will be available at discounted prices starting from HKD 9.068 million. Before the deadline, over 1,500 tickets have been received, with oversubscription exceeding 15 times.

According to reports, Phase 6A is named MONT BLUE, offering 463 units mainly consisting of 1 to 3-bedroom layouts. The initial release includes 42 one-bedroom units, 21 two-bedroom units, and 30 two-bedroom units with one set. The developer divides buyers into groups S, A, and B, with Group B allowed to purchase 1 to 2 units, and about 29 units reserved for this group. Over the past weekend, the project attracted more than 4,000 visitors, with approximately 40% mainland Chinese buyers, 60% local buyers, and about 60% of the buyers are from Hong Kong Island.

The related Phase 6B project, GRANDE BLANC, has already sold 11 units, generating nearly HKD 540 million in cash. About 70% of buyers are mainland Chinese. Some owners from Phase 6B are interested in purchasing units in Phase 6A for rental income, with expected gross rent reaching HKD 70 per square foot after completion, and a rental yield of over 3%.

Disclaimer: The content and data in this article are compiled by Opinion Network based on public information and do not constitute investment advice. Please verify before use.

(Edited by: Guo Jiandong)

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