Director Liu Yinglin of China Evergrande in Kowloon stated that the first price list of The Garrison at Kai Tak involving 182 units was restrained in pricing, offering over 10% discount compared to nearby first-hand properties in the same area, making it highly competitive.

Liu Yinglin pointed out that after the Federal Reserve in the usa reduced interest rates by half a percentage point last week, Hong Kong banks also followed suit in cutting interest rates by 0.25 percentage points, bringing a boost to the property market. Buyers' confidence in purchasing properties has significantly strengthened, with several new projects preparing for sale, including The Garrison at Kai Tak. The project has a superior geographical location, facing the Kai Tak Station Square, adjoining a large upscale shopping mall and Grade A office AIRSIDE, close to The Twins and K11 AEROPOLIS, which are set to open in the coming months. Additionally, The Garrison at Kai Tak offers diverse unit layouts, ranging from open-plan to four-bedroom units, catering to various market demands, making it a rare landmark luxury residence in the city.

Driven by the interest rate cuts, coupled with active promotion by developers, it is believed that it can inject new power and financial resources into the property market, estimating that first-hand transactions this month will steadily increase and accelerate continuously after assessing demand.