After The Rain

After The Rain is located at 21 Wang Yip Street West, Yuen Long. Developed by STAR Properties Hong Kong and constructed by Allied Success Construction Limited, it is a single-block design offering a total of 335 units. Unit types range from studios to 3-bedroom units, including units with rooftops and unique top-floor units, with a focus on 1-bedroom units, ranging in practical area from 276 to 909 square feet. The project is expected to be completed by December 2023.

Project Background

After The Rain was formerly FedEx World Service Center. STAR Properties Hong Kong acquired it for about $340 million at the end of 2016, intending to develop residential projects with a plot ratio of 5.37 times, which was rejected by the Town Planning Board.

By 2020, approval was obtained from the Town Planning Board to build a 23-story mixed-use building with a basement. The site covers 171,000 square feet, with residential floor area around 167,000 square feet and commercial floor area about 4,413 square feet. STAR Properties Hong Kong paid the government approximately $818 million for land premium, based on a total floor area of 171,000 square feet, at a rate of approximately $6,700 per square foot.

Unit Analysis

• Studio: Total of 40 units, ranging from 252 to 806 square feet, covering 2 columns.
• 1 Bedroom: Total of 140 units, ranging from 324 to 909 square feet, covering 7 columns.
• 2 Bedrooms: Total of 136 units, ranging from 416 to 667 square feet, covering 7 columns.
• 3 Bedrooms: Total of 19 units, ranging from 620 to 792 square feet, covering 1 column.

Landscape Analysis

The estate faces north towards Fu Yip Street, east towards the Tung Tau Industrial Area Playground, south towards the West Rail Long Ping Station, and west towards the Long Ping Estate. Units facing northwest mainly enjoy views of surrounding low-density village houses, offering relatively open vistas. Units facing southeast overlook surrounding industrial buildings, with narrower views.

Positioned near the Shan Pui River, the residential units primarily offer views to the northwest and southeast. Units facing northwest (Units A - E, Q - S) enjoy optimal views of serene river scenes and village houses on the opposite bank, with unobstructed vistas. Southeast-facing units (Units F - H, J - P) overlook the urban area of Long Ping and building views.

Estate Facilities

After The Rain features over 8,000 square feet of clubhouse space and over 7,000 square feet of green areas, providing various recreational facilities including outdoor swimming pool, gym, sauna room, sports court, music room, wine cellar, and kitchen to meet residents' daily entertainment needs. The estate provides 28 residential parking spaces, with Star Property Management (H.K.) Limited being the management company.

Community Facilities

The estate's podium includes shops and eateries. Nearby housing estate shopping malls and along the major roads offer a variety of shops, supermarkets, restaurants, and malls to meet residents' daily needs. The area provides public recreational spaces including the Tung Tau Industrial Area Playground, Wang Chau Recreation Garden, Wang Yip Street West Rest Garden and Tung Tau Wai Children's Playground, offering a range of leisure activities.

In terms of transportation, it takes about 5 - 7 minutes to walk to the West Rail Long Ping Station, providing convenient access to various districts in Hong Kong Island, New Territories and Kowloon.There are also several bus routes around Long Yip Street, serving destinations such as Hung Hom, Kwun Tong, and Quarry Bay.

In terms of school networks, Yuhou falls under primary school network 74 and secondary school network of Yuen Long District. Popular primary schools in the area include Yuen Long Government Primary School, New Territories Heung Yee Kuk Yuen Long District Secondary School, Chiu Lut Sau Memorial Secondary School, C. &M.A. Chui Chak Lam Memorial School, Kwong Ming Ying Loi School, and Chung Sing School.

Initial Sales Arrangements

After The Rain commenced its initial sales on March 18, 2023, offering two payment plans. The first price list provides a maximum 6% discount for cash payment and a maximum 5% discount for stage payment, with an effective sale price starting from $3.9587 million, at a rate of $13,388 per square foot. Show units are located at Unit S (294 square feet) on the 21st floor and Unit E (717 square feet) on the 21st floor.