Swire Properties Announced Results of DUNBAR PLACE Sales Launch

Swire Properties today officially commenced the sales launch for DUNBAR PLACE, located at 23 Dunbar Road, Ho Man Tin, the latest residential development which the company has 50% interest.

As of today, the provisional agreement for sale and purchase of 10 residential properties have been signed, representing 33% of the number of residential properties available for sale in the first price list and accounting for HK$304 million in purchase price, at an average transacted price at HK$21,770 per sf saleable area (or HK$234,308 per sm saleable area).

"The product has been well received by the market and we are very pleased with the results on the first day of our sales launch," said Adrian To, General Manager, Residential at Swire Properties. "We are also delighted to commence sales to coincide with the implementation of the Residential Properties (First-hand Sales) Ordinance. We are confident that our buyers are satisfied with our sales arrangement under the new system."

Surrounded by a network of renowned schools with easy access to the city's transport network, DUNBAR PLACE is an innovative and sustainable development designed by UK architectural firm Make.

Located at G/F, Cityplaza 3, Taikoo Shing, the sales office and show flats of DUNBAR PLACE is currently open for public viewing from 11am - 9pm daily and show flats opening hours may change without prior notice.

Information of the development
District: Ho Man Tin
Name of Street and Street Number: 23 Dunbar Road
WWebsite Address: WWW.DUNBARPLACE.COM.HK
The contents of this document are published with the consent of the Vendor, Sky Treasure Limited. A prospective purchaser is advised to refer to the sales brochure for any information on the Development.
Vendor: Sky Treasure Limited    Authorised Person: Mr. Ronald Liang of LWK & Partners (HK) Limited    Building Contractor: Hanison Contractors Limited    Solicitors for the Vendor: Mayer Brown JSM and Philip K. H. Wong, Kennedy Y. H. Wong & Co.    Any authorised institution that has made a loan, or has undertaken to provide finance, for the construction of the Development: DBS Bank (Hong Kong) Limited    Any other person who has made a loan for the construction of the Development: Magern Enterprises Limited and Fine Finish Investments Limited    Estimated material date for the Development as provided by the Authorised Person for the Development: 30 June 2014    Date of Printing: 30 April, 2013

About DUNBAR PLACE

Located at 23 Dunbar Road, DUNBAR PLACE is the latest residential development in Ho Man Tin in which Swire Properties is involved in the development and sale. The development is surrounded by some of the finest schools in Hong Kong. The 23-storey development, comprising 51 apartments of 3-bedrooms or 4-bedrooms and two special penthouse units connected to their own private rooftop lawns, is designed by Make, one of the UK's foremost architectural firms. The development also features a private clubhouse on the 5/F offering a variety of facilities such as an outdoor swimming pool, gymnasium, function room and children's play area. For details, please visit www.DUNBARPLACE.com.hk.