Swire Properties' '5 Star Street' - A New Member to Star Street Precinct

Swire Properties today releases details on its latest residential development - '5 Star Street'.

Located at 5 Star Street on Hong Kong Island, the development is named for its unique street address. Building on the success of StarCrest, '5 Star Street' is Swire Properties' newest premium development in the Star Street Precinct.

Mabelle Ma, General Manager, Development and Valuations of Swire Properties, said, "'5 Star Street' is most appealing for its prime location. Several major developments are in progress in the Admiralty district, such as the new Central Government Complex at Tamar and our redevelopment of Tai Sang Commercial Building into a Grade-A commercial tower etc. Upon completion of Tai Sang, the total gross floor area of Grade-A office space owned by Swire Properties in the Admiralty district will reach approx. 2.3 million sq ft, bringing a fresh new look to the cityscape of the district."

A rare combination of city centre convenience and the tranquillity of the cosy Star Street neighbourhood, '5 Star Street' is just one street across from the Three Pacific Place which has direct linkage to Admiralty MTR Station.

"The Star Street Precinct is a fine example of our continuous efforts in sustainable development. Over the last ten years, the community has quickly evolved into a hip and stylish neighbourhood buzzing with new energy. Swire Properties has proposed to the Government a HKD20 million project to further revitalise the area. The common areas and surrounding public spaces will be improved through the enhancement of streetscape and pavements, etc, as well as improving the existing green spaces. Our vision is to rebuild a sense of identity and revitalize the area while at the same time preserve the unique culture of the precinct," Mabelle Ma added.

Each of the 25 apartments at '5 Star Street' is located on its own floor. Equipped with a balcony and a full-height glazing system, the 676 sq ft studio apartment is carefully planned to ensure the most efficient use of space. It allows residents to creatively design their own space according to their needs. In keeping with '5 Star Street's' clean and modern design, each apartment is fitted with an open kitchen equipped with Miele electrical appliances and spacious stone-finished bathrooms.

Residents at '5 Star Street' will also have access to leisure amenities at the sky garden and clubhouse. The property will be professionally managed by Swire Properties. In addition, discussions are underway with the Upper House, Swire Hotels' new hip urban hotel, to offer bespoke concierge services for the residents. '5 Star Street' is anticipated to be completed in 4th quarter of this year.