
18th January 2025 – (Hong Kong) Early Light International (Holdings) Ltd, led by businessman Francis Choi, has successfully launched the first phase of sales for Gold Coast Bay The Reserve in Tuen Mun, offering 280 residential units. The sales commenced today, 18th January, with entry prices starting at HK$2.422 million. The development attracted significant interest, with over 4,500 prospective buyers registering for the first round, resulting in an oversubscription of more than 15 times.
By 5pm today, 217 units had been sold, accounting for over 70% of the initial offering, marking a strong start to the 2025 sales season. According to Lee Ping-yu, Managing Director of the Property Development Division at Early Light International, the sales performance has been impressive, particularly for one-bedroom units, nearly 80% of which were snapped up. Open-plan units also saw over 70% sales, while two-bedroom units were completely sold out.
The sales were structured into three groups: S group for employees and VIPs, A group for major buyers, and B group for the general public. The atmosphere was reported as enthusiastic, with over half of the attendees in the B group successfully selecting their units. A notable trend has emerged, with buyers evenly split between investment purchases and those seeking to occupy the properties themselves.
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