Foreigners seem keen to buy into The Giverny, which will offer 63 two-storey homes in a park setting The Giverny in Sai Kung does not have the famous lily pond that Claude Monet painted, despite being named after the impressionist's house in France. But the development will have a beautiful landscape and will be surrounded by more than 700 trees when completed. Located in Hebe Haven (Pak Sha Wan) in Sai Kung, the properties are being built on a 191,000 square foot site on a 1 million sq ft peninsula. Wing Tai Asia and Nan Fung Development bought the site at a government land auction for $148 million in August 2001. The Giverny will provide a total of 63 semi-detached and detached houses. Each two-storey house has a private garden, rooftop area and a garage. It may be too early to predict the sales response as the project will be offered for sale after completion. However, developers and property agents said the initial response from potential buyers - many of whom were from overseas - was good. 'We have received many calls from expatriates,' said Wing Tai marketing officer Zero Chan. Estate agents said Sai Kung was a popular district for foreigners who were attracted by the green space. They said the lack of new supply in scaled house projects in Sai Kung might also be another reason why the development had caught the eye of potential buyers. The biggest development in the area is Marina Cove, which was built 18 years ago. '[The Giverny] is considered a quality housing project in Sai Kung, which has a lot of small-scale village houses,' said Louis Ng Chap-keung, director of Ricacorp Properties. Michael Lau Kwok-fai, manager of Centaline Property Agency's Marina Cove district, said the variety of The Giverny's house sizes added to its competitiveness. According to the developers, 30 per cent of The Giverny houses have three bedrooms and a total size of 1,700 sq ft. The remaining 40 per cent of houses have four bedrooms and measure from 2,300 sq ft to 4,700 sq ft. 'There is a lack of supply of 1,700 sq ft houses and 4,700 sq ft houses in Sai Kung. The variety of houses will attract different types of buyers,' Mr Lau said. Agents said the project would attract buyers as long as the houses were not too expensive. Wing Tai has indicated that the final selling price of the houses could reach up to $20,000 per sq ft. Agents said the project would reap a positive response if houses were sold at between $13,000 and $20,000 per square foot, or $22 million to more than $90 million for each house. According to agents, the selling price of properties in Marina Cove was about $7,500 per sq ft. Last month, a 2,782 sq ft house at Bella Vista in Silverstrand sold for about $45 million, or more than $16,000 per sq ft.