February 4, 2010

Larvotto Highly Anticipated with Over 2,000 Enquiries
Exceptional Ceiling Heights and Windows to Offer 270° Panoramas

[Hong Kong - 4 February 2010] The new Larvotto will be the epitome of a luxury seaside residential development in prestigious Island South with sweeping 270° harbour views. The Sun Hung Kai Real Estate Agency announced latest information on the project today (4 February).

Sun Hung Kai Real Estate Agency Executive Director Victor Lui said: "Larvotto is in a prime waterfront area of Island South and sure to make it one of the most sought-after sea view properties in the territory. It will face southeast to offer a breathtaking 270° panorama spanning the Aberdeen Marina Club, Ocean Park and the Aberdeen Channel. We have seen an encouraging response since sending a property information card to target buyers, recording over 2,000 enquiries. More than 30% of the interested buyers were from outside of Hong Kong, and large units of 2,400 to 2,600 square feet were most frequently asked about. There is a high demand for quality luxury residential developments in Island South. Larvotto is set to raise the bar for luxury property when it goes on sale."

Mr Lui continued that Larvotto will be one of the few large luxury residential developments in Island South. It is in a premium waterfront location and will face southeast to offer unparalleled sea views. The site has a backdrop of two million square feet of lush greenery. First-rate building materials, complementary facilities and detailed architecture will make it an example of luxury residential development in the area. The market hasn't seen many large-scale luxury seaside developments on Hong Kong Island for a considerable time, making the property with its large units of over 1,000 square feet extra special. Larvotto is expected to attract buyers who are after a prestigious lifestyle.

Sun Hung Kai Real Estate Agency Senior Sales and Marketing Manager Andy Chan said: "The unique architectural design of Larvotto inspired by the shape of a yacht is meant to highlight its geographical advantage. Units facing the sea will have large windows that let in ample natural light and allow sweeping 270° panoramas. Most units will feature exceptionally large balconies, the largest over 50 square feet, to let residents enjoy the rolling mountain scenery and elegant living space. High ceilings of 3.3 to 3.5 metres will offer spaciousness. The extraordinary ceiling heights will be rare on Hong Kong Island. Varied architecture details and design layouts will suit different needs, and Larvotto will be crafted into an ideal home for the discerning few."

About Larvotto

Larvotto is being jointly developed by Sun Hung Kai Properties, Kerry Properties and Paliburg Holdings. The site is on the prime Island South seashore with a 270° sea view stretching from Aberdeen Marina Club to Aberdeen Channel and Ocean Park and a rolling mountain view. The site of project will have over 180,000 square feet in nine low-density luxury buildings in a 320-meter single line to offer perfect views for each of the 700 plus apartments. Most of the standard units will measure between 1,000 and 2,600 square feet, with special units also available.

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