The Reach

Henderson Land, New World price flats at The Reach in Yuen Long

Construction site of The Reach, a residential project jointly developed by Henderson Land and New World Development in Yuen Long. Photo: May Tse

The flats at The Reach were offered at HK$10,086 per square foot of saleable area, meaning the firms are asking from HK$3.55 million to HK$8.19 million per flat, as their saleable area ranges from 355 sq ft to 659 sq ft.

Wednesday, 22 May, 2013, 5:29am

Higher mortgage rates hit sales of new homes over weekend

Potential buyers browse a model replica of Hong Kong Ferry's Green Code project, which sold 52 flats over the weekend. Photo: Nora Tam

First-hand home sales were slack over the weekend as homebuyers adopted a "wait-and-see" stance after major banks in the city raised mortgage rates.

Some 90 new flats were sold on Saturday and Sunday, mainly at Hong Kong Ferry's Green Code project in Fanling, and The Reach in Yuen Long by Henderson Land and New World Development.

18 Mar 2013 - 2:53am

Business Digest, December 31, 2012

The Reach in Yuen Long

China's largest land-based oil and gas drilling rigs maker Honghua Group is aiming for sales of at least 10 billion yuan (HK$12.2 billion) next year. 

31 Dec 2012 - 4:58am

Fewer new flats sold over Christmas holidays this year

Prospective buyers examine a model of Yuen Long's The Reach on display at its sales office at Miramar Shopping Centre. Photo: Nora Tam

Hong Kong's property market is not benefiting from the Christmas spirit, with just a few new homes sold over the holiday period as the latest round of cooling measures bite.

27 Dec 2012 - 1:59am

Flat agent's rapid action sees clients save millions by avoiding new tax

Sammy Po Siu-ming, a director of Midland Realty.

"An inch of time is an inch of gold" is the motto that drives Midland Realty director Sammy Po Siu-ming.

31 Oct 2012 - 3:08am

Tsim Sha Tsui sales office for The Reach is quiet after a hectic day

At the Tsim Sha Tsui sales office of The Reach estate in Yuen Long, only a handful of prospective buyers milled around, in sharp contrast to Friday night when mainlanders and locals dashed in to scramble for new homes before a new tax on non-local homebuyers took effect.

One woman from Guangxi rued her missed opportunity as she only learned of the new measures on the spot.

30 Oct 2012 - 10:00am

Buyers rush to beat new duty on property deals

Financial Secretary John Tsang announces the new property cooling measures, which took effect at midnight. Photo: Felix Wong

Buyers snapped up 100 flats at a new development last night as sales were brought forward to beat the introduction at midnight of government measures announced yesterday to cool the property market.

7 May 2015 - 12:48pm

The Reach flats in Yuen Long may set price benchmark

The Reach, jointly developed by Henderson Land and New World, is aimed at the budget bracket. Eighty per cent of the flats range from 490 sq ft to 600 sq ft. Photo: May Tse

Improved buying sentiment has prompted developers to accelerate the release of new projects this month in a move that could boost home prices across the board, say agents.

17 Oct 2012 - 2:32am