Swire Group

More Swire flats

PUBLISHED : Friday, 24 January, 1997, 12:00am
UPDATED : Thursday, 07 May, 2015, 4:01pm


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Swire Properties will release more flats at Island Place, North Point, after registering 1,013 prospective buyers for the sale of 48 units.

The company said it would announce the number of extra units and their prices today.

The 48 units, measuring 597 sq ft to 1,013 sq ft, cost an average $7,507 per square foot, 16 per cent higher than the previous sale last November.

Swire said 87 per cent of those registered for the sale were individuals and 13 per cent were company buyers. Swire is among the first developers to adopt the new self-regulatory measures introduced by the Real Estate Developers Association.

The units will officially go on sale on Monday.