• Tue
  • Dec 23, 2014
  • Updated: 6:39am

Seaside comforts

PUBLISHED : Thursday, 03 May, 2012, 12:00am
UPDATED : Thursday, 03 May, 2012, 12:00am

Although some seaside properties in the New Territories can be found in remote locations, most are built in clusters.

These areas include Tai Po and along the coastline of Tolo Harbour, such as Pak Shek Kok and Ma On Shan. Sai Kung has become a haven for classy houses, attracting locals and expatriates, while Discovery Bay provides resort-style living on Lantau Island.

The largest project by Tolo Harbour this year is Providence Bay, next to the Hong Kong Science Park, which provides 2,000 units. 'The project specialises in larger units to suit the needs of users and investors.

'We will put more units on the market this year, ' says Victor Tin, general manager of the sales department of Sino Land, one of the partners in the project.

'A lot of the buyers are industrialists and teaching and administrative staff from the Chinese University of Hong Kong,' says Patrick Chow, head of research at Ricacorp Properties.

Phase one comprises seven houses and 18 eight- to 10-storey apartment buildings. Apartment prices start from HK$8,000 per square foot, and houses HK$30,000 per square foot.

'Providence Bay at Pak Shek Kok, Tai Po, is an extraordinarily luxurious, waterfront, low-density residence, with a view of Tolo Harbour. It is set to enjoy the same success as Residence Bel-Air in Pok Fu Lam and become the benchmark of luxury homes in the New Territories,' Chow says.

Deerhill Bay, located in the mid-levels of Tai Po, also enjoys a view of Tolo Harbour. Apartments are about HK$8,000 and houses are HK$12,000 to HK$18,000 per square foot.

The Beverly Hills in Tai Po, developed by Henderson Land, offers another choice. Overlooking Tolo Harbour and Plover Cove, the project comprises 535 villa houses ranging from 3,000 to more than 10,000 sq ft. A 3,442 sq ft house in the third phase of Legende Royale was sold for HK$31.32 million, or HK$9,100 per square foot.

Let's not forget Sai Kung, dubbed the 'back garden of Hong Kong', and also famous for its waterfront luxury homes. At Marina Cove, houses even come with yacht berths and sell at HK$8,000 to HK$9,000 per square foot. The Portofino, a younger project, offers apartments at HK$9,500 per square foot and houses at HK$12,000 to HK$16,000 per square foot.

Along Castle Peak Road and Tuen Mun Road in the western New Territories, luxury homes with sea and mountain views also abound. Seascape Villa on Castle Peak Road, for example, costs HK$18,000 per square foot.

Most sea-view properties along the Ma On Shan line can be found near the Ma On Shan and Wu Kai Sha stations. Panoramic views are common features of projects such as the Waterside, Bayshore Towers, Villa Oceania, Villa Athena and Lake Silver.

Prices per square foot are HK$5,800 for Bayshore Towers, HK$6,200 for Villa Athena, HK$6,650 for Silver Lake and HK$7,055 for Villa Oceania.

One of the most established seaside developments is Discovery Bay on Lantau Island, developed by Hong Kong Resort International.

It offers mountains, waterfront and sunshine. A new phase is Amalfi at Chianti, overlooking Yi Pak Bay, with 164 units.

Transport to and from Discovery Bay is easier than to other outlying islands. The ferry service runs around the clock and there are also connecting buses.

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