New Launch | Hui Chun Temporarily Receives Over 400 Votes, Oversubscribed 3 Times

SighingCashier · 2026-03-24T07:23:14+00:00

Hung On Properties will launch 100 units of Wong Tai Sin Huizon this Friday. The project has already received over 400 votes in pre-registration, with oversubscription exceeding 3 times. Local buyers account for 80%, with approximately 70% being end-users. Therefore, the first phase of sales will not include priority groups for bulk purchasers and will not impose restrictions on the number of units purchased. Meanwhile, Centaline Property is offering rental guarantee benefits to buyers.

SighingCashier

2026-03-24 07:23:14

Abstract generation in progress

Wong Tai Sin Hui Chun, developed by Cheung Kong Property (01243), will launch 100 units this Friday. The developer stated that they have received over 400 ballots so far, with an oversubscription of more than three times.

Cheung Kong Property Executive Director Cheng Tak-yun said that among the applicants, 60% are from Kowloon, with 20% from Wong Tai Sin; 30% are from the New Territories, and the remaining 10% from Hong Kong Island. Local buyers account for 80%, while 20% are from Mainland China.

Cheng Tak-yun pointed out that about 70% of the buyers are end-users, with the remaining 30% being investors. Therefore, the first phase of sales does not prioritize large investors and limits buyers to a maximum of four residential units.

Centaline Property has opened a dedicated Hui Chun showroom in Diamond Hill to support the project’s sales. Centaline Property, together with Centaline Financial Group, is offering rental income protection benefits to Hui Chun buyers. From now until April 30, any owner who purchases Hui Chun through Centaline Property and rents out the first 10 units within the first two years after completion will enjoy Centaline’s rental income protection for the first two years, valued at HKD 19,600.

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