CITIC Pacific Officially Names Luxury Residential Development in Lok Wo Sha The Entrance

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Alison Chandler
5 years ago
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1 Press release FOR IMMEDIATE RELEASE CITIC Pacific Officially Names Luxury Residential Development in Lok Wo Sha The Entrance The Project Offers Best of Both Worlds Panoramic Views of Harbour and Hilly Greenery of Country and Easy Accessibility to Central Business Districts HONG KONG, 18 October, 2018 CITIC Pacific announced today that its harbour-facing luxury residential project on the rare stretch of land in Lok Wo Sha, Ma On Shan has been officially named The Entrance. Adjacent to Starfish Bay, the project embraces breathtaking natural landscapes, offering panoramic harbour views of Shuen Wan Hoi (Plover Cove) and Tolo Channel, and vistas of the hilly greenery of Ma On Shan and Pat Sin Leng, offering a stylish relaxing lifestyle while being conveniently accessible through a comprehensive transport network. Ms. Cindy Kwan, Director of CITIC Pacific Property Agents Limited said, The project sits in the distinct area of Lok Wo Sha that benefits from soothing natural landscapes, with incredible views of the harbour and hills in the country, and easy access to the city through a well-developed transport network. It is named The Entrance after the famous coastal resort in Australia, referring to the project s world-class harbour views while also likening it to an instant gateway that connects people from the hectic city to a relaxing natural habitat in a matter of minutes. The Chinese characters 峻源 together manifest the natural landscapes the project has to offer, with 峻 (pronounced as chun ) highlighting the densely green rolling hills surrounding the residence on the inland side and 源 (pronounced as yuen ) signifying the panoramic harbour views facing the property. 1

2 Ms. Cindy Kwan added, The project comprises three towers and offers 148 units with different layouts to meet the needs of different households. Standard units are either threebedroom or four-bedroom units with saleable areas from 879 square feet to 1,656 square feet. There are also eight special units with saleable areas exceeding 2,000 square feet. Thanks to the distinctive natural elements in the environment, residents can enjoy in the comfort of their homes panoramic harbour views and the beauty of the undulating hills. As rarely available as the beauty of nature, the project is expected to be well received by nature-loving people. In proximity to many natural attractions, the project is located near Ma On Shan Country Park, Wu Kai Sha Pier, Nai Chung Pier and Whitehead Club Golf Driving Range and is just a few minutes walk of Starfish Bay. Not only can residents stroll in this beautiful natural environment in the sun, in the woods or along the promenade to enjoy the beautiful landscapes, they can also take part in exciting outdoor activities like paragliding, golfing and different water sports. Meanwhile, located a mere five-minute walk from Wu Kai Sha Station on the Ma On Shan MTR line, the project takes full advantage of the convenient transport facilities. It is expected that it will only take 36 minutes to reach Admiralty from Ma On Shan Station when the Shatin to Central MTR Link is in operation. As convenient as it is to travel to the airport, the project is also close to a number of Mainland Boundary Control Points, including Lo Wu, Lok Ma Chau and Lian Tang, which will be in service soon. 2

3 Photo release: Photo 1: The Entrance, situated in the rare stretch of land in Lok Wo Sha, enjoys the beauty of nature and easy accessibility to central business districts. 3

4 District: Ma On Shan Name of Street and Street Number of the Development: 1 Lok Wo Sha Lane * The address of the website designated by the vendor for the Development: 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. *The above provisional street number is subject to confirmation when the Development is completed Vendor: Jumbo Vision Holdings Limited Holding companies of the vendor: Advance Cosmo Investments Limited, Kingbright Holdings Inc., CITIC Pacific Limited, CITIC Limited Authorized person for the Development: Mr. Tang Kwok Wah Owen The firm or corporation of which the authorized person for the Development is a proprietor, director or employee in his or her professional capacity: Wong Tung & Partners Limited Building contractor for the Development: China Overseas Building Construction Limited The firm of solicitors acting for the owner in relation to the sale of residential properties in the Development: Baker & McKenzie, Chu & Lau 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: Eltonford Limited The estimated material date for the Development as provided by the authorized person of the Development to the best of the vendor s knowledge: 30 June 2020 (The estimated material date is subject to any extension of time that is permitted under the agreement for sale and purchase.) All information contained in this advertisement / promotional material shall be subject 4

5 to the final plans approved by the relevant Government authorities and legal documentation. The vendor reserves the right to alter the building plans and other plans and the design of the Development or any part thereof from time to time. This advertisement / promotional material and contents thereof are for reference only. The description, reference, photo, drawing, image or other information whatsoever in this advertisement / promotional material shall not constitute or be construed as constituting any contractual term, offer, promise, representation or warranty, whether express or implied (whether related to view or not). Prospective purchasers are advised to refer to the sales brochure for any information on the Development. This advertisement is published by the vendor or with the consent of the vendor. The issuance of pre-sale consent of the Development is pending. Market conditions may change from time to time. Prospective purchasers shall consider their own financial status and ability to afford and all relevant factors before deciding whether to purchase or when to purchase any residential property. In any circumstances or at any time, prospective purchasers shall not rely on or be affected by any content, information or concept of this advertisement/promotional material in deciding whether to purchase or when to purchase any residential property. Date of Printing: 18 October 2018 About CITIC Pacific CITIC Pacific is a wholly owned subsidiary of CITIC Limited (SEHK:267), a Hong Kong listed company and the largest conglomerate in China. CITIC Pacific's key businesses include special steel manufacturing, power generation and real estate development. It is also the majority shareholder of two Hong Kong listed companies, Dah Chong Hong and CITIC Telecom International. - END - This press release is issued on behalf of CITIC Pacific by Bentley Communications Ltd. For media enquiries, please contact Ms Karin Chan of Bentley Communications at and Karinchan@bentleyhk.com. 5

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