Celestial Heights
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Celestial Heights (Chinese: 富甲半山) is a private housing estate in To Kwa Wan, Kowloon, Hong Kong, jointly developed by Cheung Kong Holdings and Nan Fung Group. There are 939 housing units with an average price of HK$19,000,000.[1] It is composed of several more-than-50-floor buildings.[2] It will be completed in 2009 and 2010.
In 2004, Cheung Kong Holdings succeeded to pay HK$9.4 billion for the land of the former Ho Man Tin Police Married Quarters during an auction. This price was the second highest record in Hong Kong property history after Sino Land paid HK$11.8 billion for the land in Siu Sai Wan, later Island Resort, in 1997.[3][4][5]
[edit] References
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Wikimedia Commons has media related to: Celestial Heights |
- ^ Stephanie Tong (May 13, 2008). "Celestial launch as prices rise". The Standard. http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&art_id=65702&sid=18892055&con_type=1.
- ^ Alfred Liu (May 19, 2008). "$18,000 psf expected for first Celestial Heights flats". The Standard. http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&art_id=65973&sid=18985022&con_type=1.
- ^ "Ma Tau Kok Outline Zoning Plan approved". Government of Hong Kong. November 14, 2008. http://www.info.gov.hk/gia/general/200811/14/P200811140161.htm.
- ^ Ka 9.4 billion auction was 87.6% higher than in Hong Kong
- ^ Building Journal Hong Kong China, Oct 2008, p46
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