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Park Island Records 2 Deals at Phase 5; Full Sea-View Unit Sells for HKD6.3M
2026-04-17 17:27:26
Centaline Property facilitated two transactions of two-bedroom units in Phase 5 of Park Island this week. One deal involved Flat F, mid-floor, Tower 30, with a saleable area of 574 square feet and a balcony, enjoying full sea views.

The unit was sold for HKD6.3 million, equivalent to HKD10,976 per square foot on a saleable area basis. The buyer is a first-time homebuyer who favored the estate's pleasant environment and the unit's spacious layout.

The original owner purchased the unit for HKD1.97 million in 2004 and held it for about 22 years, realizing a book gain of HKD4.33 million, representing a 2.2x appreciation over the holding period.
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