New high-life houses slated for Discovery Bay
Six 'super-deluxe' hilltop homes to be built in the coastal development, with the rich and famous expected to pay HK$150 million for each one
Property developer HKR International plans to build six "super-deluxe" houses ranging in size from 6,000 to 8,000 square feet on the highest point of Discovery Bay.
"Each house will enjoy spectacular sea views and the project will be located next to the Discovery Bay Golf Club," said Chan Chi-ming, the head of the Hong Kong business unit at HKR, the developer of Discovery Bay.
Chan said site preparation was under way but he could not give an estimated date for the project's completion.
Simon Lee, an associate director at Centaline Property Agency's Discovery Bay branch, said the houses planned by HKR could fetch more than HK$150 million each.
"Due to their scarcity, they will be sought-after by the rich and famous," Lee said.
There are 17 houses on Discovery Bay, each of them 5,168 sq ft, with gardens ranging from 6,000 to 9,000 sq ft. One of the houses on Seabee Lane was on the market for HK$120 million, Lee said.
But no transaction has been recorded for any of these large houses since one with a 6,000 sq ft garden sold for HK$54.88 million in 2008.