John Swire & Sons Ltd.

09/23/2020 | Press release | Distributed by Public on 09/23/2020 05:37

Swire Properties Names Chic Starstreet Precinct Residential Project - 'EIGHT STAR STREET'

For Immediate Release 15 September 2020

23 September 2020, Hong Kong- Swire Properties officially unveiled the name of its newest upscale residential development in the Starstreet Precinct today, 'EIGHT STAR STREET', a meticulously designed 24-storey building that is set to become a sought-after address in Hong Kong.

Located in the heart of the Starstreet Precinct - and surrounded by an eclectic blend of cafes and restaurants, as well as trendy fashion and lifestyle boutiques - 'EIGHT STAR STREET' will be a rare find for first-hand homeowners who want to settle down in this exclusive community. The residential tower will comprise 37 units with retail space on the lower two floors.

The building will be in close proximity to multiple forms of public transportation, including the Admiralty MTR Station - via an air-conditioned underground link from Three Pacific Place, which is a stone's throw away from the development. The project's expected completion date is in 2022, with units available for sale earliest in Q4 2020.

''EIGHT STAR STREET' embodies the Starstreet Precinct's distinct urban culture and characteristics, a vibrant neighbourhood that we've been building up for over 20 years,' said Adrian To, Director, Residential at Swire Properties.

'With numerous layouts, this remarkable condominium will be ideal for always-on-the-go Hong Kong residents looking for a centrally-located, unparalleled and intimate place to call home. It will also feature unique space where they can 'escape' the city, in the form of special units with flat roofs that can be enjoyed as a private garden or patio.

'What makes 'EIGHT STAR STREET' so exciting is that it's the perfect complement to our development plans for the greater Admiralty area. Our work - from revitalising the streetscape, to preserving historical elements and an upcoming office building opposite Three Pacific Place - is part of our overall efforts to build a vibrant community and is an attractive proposition for future residents of the neighbourhood. We're confident that EIGHT STAR STREET will be well-received by the market.'

Featuring a wide range of layouts, the building will offer one- to three-bedroom units with saleable areas ranging from approximately 430 sq ft to 910 sq ft; these include special units featuring flat roofs. There will also be two exclusive penthouse duplex units with saleable areas of approximately 980 sq ft and 1,200 sq ft, with one unit inclusive of a private roof.

Each unit will be equipped with smart household appliances from Swiss brand V-ZUG, and Italian brand Modulnova kitchen cabinet. What's more, residents will enjoy dedicated management services by Swire Properties, and a private bespoke clubhouse where they can relax and reenergise.

About EIGHT STAR STREET

EIGHT STAR STREET is Swire Properties latest residential development in the Starstreet Precinct adjacent to the premier mixed-use Pacific Place complex. The 24-storey development comprises 37 apartments involving 1- to 3- bedroom units ranging from approximately 430 sq ft to 910 sq ft, including a number of special units with private flat roof(s). The development also features two exclusive duplex units on the top floors with saleable areas of approximately 980 sq ft and 1200 sq ft.

Visit EIGHT STAR STREET's website at www.eightstarstreet.com.

About Swire Properties
Swire Properties develops and manages commercial, retail, hotel and residential properties, with a particular focus on mixed-use developments in prime locations at major mass transportation intersections. Swire Properties is listed on the Main Board of the Stock Exchange of Hong Kong and its investment portfolio in Hong Kong comprises Taikoo Place, Cityplaza and Pacific Place. In addition to Hong Kong, the Company has investments in the Chinese mainland, the United States, Singapore, Indonesia and Vietnam.

Visit Swire Properties' website at www.swireproperties.com

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Disclaimer

District: Wan Chai
Name of the Street and Street Number: 8 Star Street^
Address of the website designated by the Vendor for the Development: www.eightstarstreet.hk

The photographs, images, drawings or sketches shown in this advertisement/ promotional material represent an artist's impression of the Development concerned only. They are not drawn to scale and/ or may have been edited and processed with computerized imaging techniques. Prospective purchasers should make reference to the sales brochure for details of the Development. The Vendor also advises prospective purchasers to conduct an on-site visit for a better understanding of the Development site, its surrounding environment and the public facilities nearby.

This promotional material is issued by the Vendor or by another person with the consent of the Vendor. All contents of this website do not constitute and shall not be construed as constituting any contractual term, offer, representation, undertaking or warranty, whether expressed or implied. Please refer to the sales brochure* for details. The clubhouse and recreational facilities may not be available for immediate use at the time of handover of the residential properties in the Development and are subject to the consent or permit issued by the relevant government departments. All owners of the residential properties in the Development, residents and their guests may have access and use to residential clubhouse and its recreational facilities, but such access/use comply with the deed of mutual covenant, terms and requirements of relevant government licenses and regulations[, and may be required to pay additional fees].

^ The above street number is provisional street number subject to confirmation when the development is completed. * The sales brochure of the Development is not yet made available on the issuing date of this advertisement/ promotional material.

The saleable area is calculated in accordance with Section 8 of the Residential Properties (First-hand Sales)
Ordinance (Cap. 621). The areas in square feet have been converted from square metres based on a conversion rate of 1 square meter = 10.764 square feet and rounded off to the nearest integer.

Vendor: High Grade Ventures Limited
Holding companies of the Vendor: John Swire & Sons Limited, John Swire & Sons (H.K.) Limited, Swire Pacific Limited, Swire Properties Limited
Authorized Person for the Development: Mr. Arthur Au Kin-Tung
The firm or corporation of which an Authorized Person for the Development is a proprietor, director or employee in his or her professional capacity: Dennis Lau & Ng Chun Man Architectures & Engineers (HK) Limited
Building Contractor for the Development: Hanison Contractors Limited Solicitor for the Vendor: Mayer Brown
Any authorized institution that has made a loan, or has undertaken to provide finance for the construction of the Development: Not Applicable
Any other person who has made a loan for the construction of the Development: Swire Properties Limited
To the best of the Vendor's knowledge, the estimated material date for the Development as provided by the authorized person for the Development: 31 December 2022 (The estimated material date is subject to any extension of time that is permitted under the agreement for sale and purchase.)

Date of issuing: 23 September 2020