New Waterfront Residential Development “ONTOLO朗濤” In Pak Shek Kok, Tai Po
Built By Renowned Contemporary Masters Pieces Of A Perfect Home – One For All
HONG KONG, 9 July, 2019 – “ONTOLO朗濤”, the latest residential project by Great Eagle Holdings, is located at No. 7 Fo Yin Road1, Pak Shek Kok, Tai Po. Nestled amidst spectacular natural beauty, it offers breathtaking views of Tolo Harbour2 and the gentle green ridges of Kau To Shan2. This rare residential gem is ensconced in beautifully designed open green spaces, a masterstroke by a renowned landscape architect. Located within close proximity to the Hong Kong Science Park and well served by a comprehensive transportation network, ONTOLO is a Perfect Home – One for All.
Mr. Alexander Lo, Executive Director of Great Eagle Holdings Limited said, “ONTOLO combines its lush, green setting with extensive facilities and state-of-the-art amenities to create a wonderfully serene environment2 that residents can call home. We have commissioned a renowned London-based landscape architectural practice Gustafson Porter + Bowman to design an enchanted woodland retreat, spanning over 29,000 square feet of green open space. This unique, differentiated space, is called ‘The Great Lawn’3 and is the heart of ONTOLO. It provides an oasis of peace – a true sense of home.”
Speaking about ONTOLO’s geographical advantages, Chief Landscape Architect Mr. Neil Porter4 said, “What is amazing about the location of Pak Shek Kok, Tai Po, is that it is located away from the city’s hustle and bustle. Surrounded by abundant nature, with the expansive Tolo Harbour in front2, rolling mountain ridges at the back2 and a wide, long promenade popular with joggers and walkers, ONTOLO is a sanctuary of relaxed living and splendid seclusion.”
The woodland at ONTOLO draws on the beauty of its magnificent surroundings, which include a two-kilometer-long waterfront promenade5 and a coastal cycling track of about 22 kilometers6. This sumptuous natural environment offers numerous bucolic delights to help resident families fully unwind and relax as they explore the natural wonders of the area on foot or on a bicycle.
Ms. Janet Leung, Deputy General Manager of Sales and Marketing of Great Eagle Real Estate Agency Limited stated, “To cater to the diverse needs of residents, parking spaces for bicycles are offered at ONTOLO residences. In addition, we have engaged an international master in bespoke bicycle field to design and build a set of family bicycles9 specially for ONTOLO. These three bicycles are for the exclusive use of our residents, to enhance their experience of a home life embraced by nature, a realization of the distinctive waterfront living style at ONTOLO.”
ONTOLO is located at No. 7 Fo Yin Road, Pak Shek Kok, Tai Po1, adjacent to the Pak Shek Kok Promenade. The project comprises eight 14-storey buildings and two 4-storey low-rises, offering 723 spacious and comfortable units2 including one-to-four bedroom residential units. ONTOLO offers a wide range of layouts for typical units of saleable area7 from 357 square feet to 2,083 square feet, with one-bedroom units accounting for about 28% of the development; two-bedroom units 35%; three-bedroom units 27%; and four-bedroom units 10%. The spacious clubhouse8 blends in harmoniously with its surroundings, and includes a large open area – “the Great Lawn”3, as well as indoor and outdoor swimming pools, a fitness room, a music room, a multi-function room, and “The Tree House”8, etc.
ONTOLO has obtained a pre-sale consent and will put up for sale in the short run.
About Great Eagle Group
Great Eagle Group was founded in 1963, and was listed on the Hong Kong Stock Exchange in 1972 (Stock Code: 41). The Group’s principal holdings include Champion Real Estate Investment Trust (Champion REIT) (Stock Code: 2778) and Langham Hospitality Investments (LHI) (Stock Code: 1270), which were listed in Hong Kong in 2006 and 2013, respectively. Being a Hong Kong developer, the Group also owns and manages an extensive international hotel portfolio under “The Langham” and affiliate brands. Founded and headquartered in Hong Kong, the Group develops, invests in and manages high quality residential, office, retail and hotel properties across Asia, North America, Australasia and Europe.
For the property portfolio, Champion REIT owns a Grade-A commercial office space at Three Garden Road in the central business district of Hong Kong, as well as the office tower and shopping mall of Langham Place in Mongkok, Kowloon. For the hotel portfolio, the Group owns more than 10 luxury hotels globally and manages over 20 international hotels, operating under “The Langham” and affiliate brands, with a total number of rooms exceeding 10,000. In addition, LHI owns the three hotels in Hong Kong, including The Langham, Hong Kong in Tsim Sha Tsui; Cordis, Hong Kong in Mongkok; and Eaton HK in Jordan.
The Group’s development projects in progress include a residential project at Pak Shek Kok, Tai Po, Hong Kong, three development projects in San Francisco and Seattle, the U.S., as well as a hotel redevelopment project in Tokyo, Japan.
Elite team of the renowned British landscape architecture practice Gustafson Porter + Bowman
Neil Porter4, co-founder and Chief Landscape Architect of the renowned British landscape architecture practice Gustafson Porter + Bowman, is known for his monumental works such as The Diana, Princess of Wales Memorial Fountain in Hyde Park, and Old Market Square in Nottingham.
International bespoke bike master Gabriel Lang
Gabriel Lang clinched two major awards at the 2018 North American Handmade Bicycle Show (NAHBS), namely ”Best Mountain Bike” and “Best in Show”. He created remarkable records as it is the first time a small workshop has won “Best in Show” as well as the first time “Best Mountain Bike” was honoured “Best in Show” alongside.
1 The provisional street number is subject to confirmation when the Development is completed.
2 The description is only a brief illustration of certain views from various parts of the Development and does not represent the view enjoyed by a particular unit. Please note that the view from a unit is affected by the level, direction and surrounding buildings and environment and is not applicable to all units and that the surrounding buildings and environment change from time to time. 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 Vendor gives no offer, undertaking, representation or warranty whatsoever in respect of any view in the Development, its surrounding environment and the public facilities nearby, whether express or implied.
3 The name “The Great Lawn” is promotional name and is only displayed in promotional materials but will not be displayed in deed of mutual covenant, provisional sale and purchase agreement, agreement for sale and purchase, assignment or other title deeds. The Vendor reserves the right to change the design, use and name of the recreational facilities without notice.
4 Neil Porter’s practice as a landscape architect may not be regulated under the laws of Hong Kong.
5 Source of information regarding Tai Po Pak Shek Kok Promenade:
https://www.news.gov.hk/isd/ebulletin/en/category/environment/070519/html/070519en04002.htm (Information obtained on 28 December 2018).
6 Source of Information regarding bicycle track distance from Sha Tin Shing Mun River to Tai Mei Tuk: http://www.discoverhongkong.com/uk/see-do/great-outdoors/cycling/sha-tin-to-tai-mei-tuk.jsp (Information obtained on 28 December 2018).
7 The saleable area of the residential property and the floor area of balconies, utility platforms and verandahs (if any) are calculated in accordance with Section 8 of the Residential Properties (First-hand Sales) Ordinance. The saleable area does not include the area of each item specified in Part 1 of Schedule 2 to the Residential Properties (First-hand Sales) Ordinance. The areas as specified above are in square feet at the conversation rate of 1 square meter = 10.764 square feet and rounded to the nearest whole square feet. The figures of square feet and square meters may slightly differ.
8 The names of the areas and facilities of any clubhouse described or displayed are promotional names and are only displayed in promotional materials but will not be displayed in deed of mutual covenant, provisional sale and purchase agreement, agreement for sale and purchase, assignment or other title deeds. The Vendor reserves the right to change the design, use and name of the recreational facilities without notice. The completion date of the clubhouse and/or recreational facilities is subject to the final approval by the Buildings Department, the Lands Department and/or other relevant Government departments and authorities and may not be immediately available for use upon the date of occupation of the residential properties of the Development. Use or operation of certain facilities and/or services shall also be subject to issuance of the relevant consents or licenses from the Government and payment of additional fees.
9 There will be one (1) set of 3 bikes offered for use by residents on a first-come-first-serve basis, subject to availability and other terms/ conditions.
District: Pak Shek Kok (East)
Name of the Street and the Street Number of the Development: 7 Fo Yin Road^
The website address designated by the Vendor for the Development: www.ontolo.com.hk#
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.
Vendor: Ease Treasure Investment Limited│Holding companies of the Vendor: Great Eagle Holdings Limited, Jolly Trend Limited, The Great Eagle Company, Limited, Giant Mix International Limited, Super Joy Investments Limited │Authorized Person for the Development: Chau Tak Ho Kenneth│Firm or corporation of which the authorized person for the Development is a proprietor, director or employee in his or her professional capacity: CYS Associates (Hong Kong) Limited│Building contractor for the Development: Gammon Engineering & Construction Company Limited│Firm of solicitors acting for the owner in relation to the sale of residential properties in the Development: Mayer Brown│Authorized institution that has made a loan, or has undertaken to provide finance, for the construction of the Development: The Hongkong and Shanghai Banking Corporation Limited, DBS Bank Ltd. Hong Kong Branch, Hang Seng Bank Limited, Industrial and Commercial Bank of China (Asia) Limited, Bank of China (Hong Kong) Limited, Oversea-Chinese Banking Corporation Limited, Mega International Commercial Bank Co., Ltd., Chong Hing Bank Limited, United Overseas Bank Limited, The Bank of East Asia, Limited, China Construction Bank (Asia) Corporation Limited, Bank of Communications Co., Ltd. Hong Kong Branch, Sumitomo Mitsui Banking Corporation│Any other person who has made a loan for the construction of the Development: The Great Eagle Company, Limited│The estimated Material Date for the Development as provided by the authorized person to the best of the Vendor’s knowledge: 31 July 2020 (“Material Date” means the date on which the conditions of the land grant are complied with in respect of the Development. The estimated Material Date is subject to any extension of time that is permitted under the agreement for sale and purchase.)│This advertisement is published by the Vendor or by another person with the consent of the Vendor.│Prospective purchasers are advised to refer to the relevant sales brochure for details of the Development. Please refer to the sales brochure for details.│^The provisional street number is subject to confirmation when the Development is completed.│#The website address designated by the Vendor for the Development for the purpose of Part 2 of the Residential Properties (First-hands Sales) Ordinance.│Date of Printing: 9 July 2019