Kerry hopes for Lions Rise presales by Easter
Kerry Properties hopes to start presales of Lions Rise, its HK$10 billion luxury residential project in East Kowloon, by about Easter. The development comprises five towers providing 968 units, with most of the apartments offering three or more bedrooms. 'The project capitalises on the Kai Tak Development; billions of infrastructure developments will turn southeast Kowloon into a new metropolis,' says Chu Ip-pui, executive director of Kerry Properties. He says the project will use prices in West Kowloon as a reference. Lions Rise has 140,000 sqft of club facilities and landscaped gardens, and is next to the Wong Tai Sin MTR station. The project is expected to be completed by the end of this year, while the handover will start in the third quarter of next year.