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Press Releases

New Waterfront Residential Development “ONTOLO朗濤” in Pak Shek Kok, Tai Po
First Look at the Superlative Level of ‘Understated Luxury’ as Show Flats are Unveiled

16 Jul 2019

HONG KONG, 16 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. Ensconced in beautifully designed open green spaces, it is where modern aesthetics coalesce splendidly with the beauty of nature. Well served by a comprehensive transportation network, ONTOLO is the very definition of ‘Understated Luxury’. The sales office and two unmodified show flats which highlight the development’s inherent elegance were unveiled today for a media preview.

Mr. Alexander Lo, Executive Director of Great Eagle Holdings Limited said, ‘We abide by the concept of “Wisdom of Living” in the development of our residential projects. By incorporating and integrating the beautiful elements of the natural surroundings into its design, ONTOLO is a wonderful reflection of the unique vision of a “Perfect Home – One for All”. Leveraging our experience in developing and managing properties across the world, and drawing on our ingenuity, ethos and attention to detail in design, we created this rare residential gem “ONTOLO朗濤”, to provide home buyers a brand new living experience by the sea.’

Elevation Partners were engaged for the interior design of the show flat of ONTOLO. In Unit D, 7/F, Tower 7A, they demonstrate that luxury isn’t about the use of expensive materials or decorations but that tasteful design and the right balance of the various aspects of spatial quality can create a sumptuous and exceptional home. The design is focused on creating comfort and harmony. Artistic and creative features make art a part of life, while distinctive elements and thoughtful accessories ensure that everything a resident may need is at hand.

Furnished and Unmodified – Unit D, 7/F, Tower 7A
With a saleable area3 of 781 square feet, consisting of one bedroom and one en suite, along with a 26 square feet balcony and a 16 square feet utility platform. Floor-to-floor height is about 3.15 meter4. Features a natural feel with the generous use of natural timber and woven fabric. Raw timber furnishings and an olive green palette echo the natural surroundings. The master en suite is spacious enough for a king bed with walking space around it. A balcony and full height window bring the scenic outdoors in.

The dining room is rectangular and features a round dining table at its center. An artistic lifestyle is realized with carefully selected art prints on the wall as a focal feature. A curved sofa is placed in the spacious living room, leaving lots of space for activities. Full height windows allow for plentiful natural light.

Warmth and comfort are achieved through a simple and refined design style with an emphasis on linearity and design details, instead of overwhelming decoration. Part of the sleeping area uses an olive green palette and natural wood furnishings as its main colors, making the space one with the green environment just outside the window2. The spacious master bedroom has a double bed in the center and is directly connected to the balcony. Full height glass panels frame the picturesque views of the landscape.

Unmodified Handover Standard – Unit B, 7/F, Tower 7A
With a saleable area3 of 1,233 square feet, this unit consists of two bedrooms and one en suite, along with a 58 square feet balcony. Floor-to-floor height is about 3.15 meter4. The elongated dining room has a square and practical layout, while the living room, connected to the balcony, and the bedroom both face beautiful, natural views. The master en suite is large and boasts a walk-in closet and a master bathroom. Another detail worth paying attention to is the material used in the kitchen and bathroom. These feature matching elegant contour lines with spherical adornments, artistic elements which add to the serene lifestyle here.

“ONTOLO朗濤” 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 from 357 square feet to 2,083 square feet, with one-bedroom units account for about 28% of the development; two-bedroom units 35%; three-bedroom units 27%; and four-bedroom units 10%.

The sales office and show flats of “ONTOLO朗濤” are located at 56/F, Langham Place Office Tower, 8 Argyle Street, Mongkok, Kowloon. They will be open for public viewing shortly.

 

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.

About Elevation Partners

Founded by a team of experienced, talented and energetic interior designers, Elevation Partners dedicate to bring forth the infinite possibility in an innovative and iridescent manner. Masterminded by the leading industry professionals with over ten-year top-notch design experiences in the field, Elevation is capable of evoking the potentials of each project by exploring their unique features and marketing positioning. It offers unique design concepts with strong market sense under diligent project management. Joining hands with the clients, Elevation facilitates their projects to forge ahead in the market. Striving to living alive the space,

Elevation fills the void with perpetual vitality, and turns meaningful designs into eternal elevations in the evolving and changing environment. Design scopes include hotel, clubhouse, show flat, residential, sales office, restaurant, office, etc. Elevation has received The Andrew Martin International Awards in 2015 and Asia Pacific Interior Design Awards in 2014.

-END-

Remarks:

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 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.

4 The floor-to-floor height refer to the height between the top surface of the structural slab of a floor and the top surface of the structural slab of its immediate upper floor of each residential property. Please refer to the sales brochure for details.

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: 16 July 2019