'Green' living environment will give residents peace of mind
Kerry Properties' new development in Tsuen Wan is designed to give residents a tranquil and 'green' living environment.
Located at 152-160 Kwok Shui Road, the project is being built on the 78,577 sqft site formerly occupied by the Chung Nam Industrial Building.
Kerry Properties acquired the site for about HK$120 million in 2002 for redevelopment into residential use.
The project will comprise 548 flats in three towers, scheduled for completion by the end of next year. Standard units are one- to three-bedroom apartments. There are seven special larger units measuring 1,500 to 2,400 sqft.
Semy Ng, assistant general manager (marketing) with Kerry Real Estate Agency, a marketing unit of Kerry Properties, said the project was in an area of lush greenery and tranquility, yet enjoyed the convenience of good transport facilities.
'We stress the element of nature and environment. What we are striving to put forward is a kind of green living in the heart of the city,' she said.
'You are not going to find large shopping malls in the area but a life of tranquility with the surrounding greenery and landscape.'
Ms Ng said the group had spent a lot of time planning environmentally friendly features. For example, the clubhouse will be equipped with indoor and outdoor gym facilities for residents' enjoyment while the flats will feature innovative taps designed to control the flow of water.
The company had made the best use of the site's advantages to provide about 54,000 sqft of open and green spaces, representing nearly 70 per cent of the site's area, she said. The design of only four units on each floor also enhanced privacy and exclusivity for residents.
Ms Ng said the group would apply for certification from the Hong Kong BEAM Society over the quality and environmental performance of the project.
The project is scheduled to be launched for public sale in the first quarter of next year and she expects to see strong demand from buyers. 'There is a limited supply of such quality residential properties in the area, so we are optimistic about the response. While the project has an exclusive living environment, it is just a few minutes' walking distance to and from the Tai Wo Hau MTR station,' she said.
The development's podium level was elevated so that the flats were located on the eighth floor and above, ensuring they would command open views of the surrounding landscape, she said.
Apart from Kerry Properties' project, a few residential redevelopments are also being undertaken by other developers in the area.
According to Ms Ng, the area has been zoned for 'Residential (E)' use under the government's development planning conditions. Accordingly, residential projects there can be developed with a maximum plot ratio of just five times - meaning that the density of development will be much lower than the plot ratio of nine times for projects in the city centre.
'The area will become a very nice residential neighbourhood with a lower development density and attractive greenery, thus providing quality living to residents,' Ms Ng said.
Kerry Properties is controlled by the Kuok Group, the controlling shareholder of the SCMP Group, which publishes the South China Morning Post.