Discovery Park (Hong Kong) - Phases of Development

Phases of Development

  • Phase 1 - Block 1 to 4 (completed in May 1997)
  • Phase 2 - Block 5 to 8 (completed in January 1998)
  • Phase 3 - Block 8 to 12 (completed in May 1998)

There are a total of 3360 units with unit size ranged from 593 sq ft (55.1 m2). to 848 sq ft (78.8 m2). The development has a shopping centre, a clubhouse of 40,000 sq ft (3,700 m2)., a swimming pool of 8,000 sq ft (740 m2). tennis courts, golf putting green, sauna rooms, carpark, etc. The price of development was considered attractive to small families, as most of the estates in the vicinity were relatively old constructions.

The first phase of the development was launched amid the property bubble in 1997, and units were subject of many speculators' interest. The intensity spilled over to properties in neighbouring estates in Sham Tseng and Castle Peak, and stimulated a three-fold increase in transactions in the area in September compared with the month before, according to Centaline, Hong Kong's leading real estate agency chain.

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