On top of the world

Kerry Properties executive director Steven Ho Shut-kan yesterday put people in the picture about the naming of the company's 69-unit luxury 15 Ho Man Tin Hill Road development at the project's topping-out ceremony.

The apartments in the new development are due to be launched in January next year, but Mr Ho did not indicate the price range.

Meanwhile, Kerry Real Estate Agency executive director Chu Ip-pui said the developer had agreed to pay a land premium of about $2,000 per square foot for the lease modification of a 398,000 sq ft residential project in Kwok Shui Road, Tsuen Wan, which will generate about 680 small to medium-sized units in 2008.