The Ascent is a new development in Cheung Sha Wan district jointly developed by Hong Kong-listed Paliburg, its subsidiary Regal Hotels International and the Urban Renewable Authority. The Ascent comprises studio to two-bedroom units ranging from 276 to 458 sq ft each. The 157 unit building sold nearly all the available units during the strong primary market of the summer of 2016. The first 130 units sold were priced at between HK$4.07 million to HK$6.94 million, averaging around HK$14,100 for each usable square foot after discounts and incentives. Agents attributed the strong sales to high demand for smaller units from first time buyers. 30% of the units were estimated to have been sold to investors who are targeting a 4% rental yield.
The Ascent
Building Details
Features & Facts
| Address : | 83, Shun Ning Road |
| Date of Occupation Permit : | 3/2018 (6 Years) |
| Units : |
157 units |
| Size : |
Studio, 1 Bedroom, and 2 Bedroom Units |
| Highest Floor : |
30 |
| Developer : |
Paliburg |
| Website : |
Sale Listings
Rental Listings
Latest transactions and listings in The Ascent
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Transactions
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Price per Sqft
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/Sqft
Recent Transactions
| Transaction Date | Price | Area | Price per Sqft | Floor | Flat |
|---|---|---|---|---|---|
| 2023-12-01 | HK$4.10M | 0/276 Sqft | HK$14,855 | 20 Floor | D |
| 2023-11-23 | HK$4.32M | 0/313 Sqft | HK$13,802 | 5 Floor | F |
| 2023-09-05 | HK$2.94M | 0/277 Sqft | HK$10,628 | 17 Floor | E |
| 2023-08-08 | HK$6.90M | 0/429 Sqft | HK$16,084 | 12 Floor | G |
| 2023-05-19 | HK$5.50M | 0/307 Sqft | HK$17,915 | 19 Floor | B |
| 2023-02-27 | HK$7.20M | 0/429 Sqft | HK$16,783 | 22 Floor | A |
Railway
Cheung Sha Wan MTR Station
(0.2 km)
Sham Shui Po MTR Station
(0.7 km)
Lai Chi Kok MTR Station
(1.0 km)
Bus
KMB
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