The launch of Blue Coast marks the biggest residential offering since the city government removed property curbs and relaxed its mortgage policies in February.
The third price list covers 174 units and is 1.73 per cent higher than the first price list. CK Asset released the first price list for 138 units last Friday and a second one for 110 units last Saturday.
The market will be keen to see how it prices its new project in Wong Chuk Hang, as this could give ‘direction’ to Hong Kong’s recovering housing sector, analysts said.
A tussle over valuations between the city’s property developers and the government has resulted in a stalemate that dampens Hong Kong’s economic prospects.