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Swire Pacific Limited

Press Release

23rd September 1996


For immediate release

Island Place

Swire Properties Ltd. today (23rd September) announces the sale by ballot of the second phase of the residential development at Island Place in North Point.

On offer are 128 units of mixed sizes, 64 from different floors in Tower I and 64 from Tower III, at an average price of HK$6,435 per sq. ft. Ballot registration for Phase Two will take place from 1st to 4th October at the Island Place sales office at Cityplaza 4, between 10am and 6pm daily. Results of the ballot will be announced on 6th October, in Oriental Daily News and Ming Pao Daily News, and flat selection will take place on the 7th.

The show flats located at the Island Place sales office will be open for public viewing from tomorrow (24th September) through 6th October, between 10am and 8pm every day, and from 10am to 6pm on the 6th. The price list for Phase Two will also be available from the sales office from tomorrow.


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