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Swire Pacific Limited

For immediate release

4th September 1997


Phase Two Sale of The Floridian

Following the successful Phase One sale of The Floridian in August, where all 102 units offered were sold in one day, Swire Properties announced today the sale by ballot of Phase Two of the premium development at 18, Sai Wan Terrace.

For Phase Two, 17 units will be offered at an average price of HK$12,046 per square foot. The units are located on the 1st and 10th floors of Tower I and the 2nd and 17th floors of Tower II, with sizes ranging from 811-1,187 sq. ft.

Ballot registration will take place on 8th and 9th September, between 10am and 6pm daily, and applications will be collected via a drop-box set up at the sales office in the main lobby of Cityplaza 4. Results of the ballot will be published in Ming Pao Daily and Hong Kong Economic Times on 11th September, followed by flat selection on 12th September.

The sales brochure, price list and application forms will be available from the site office and the Cityplaza 4 sales office from tomorrow (5th September). The on-site show flats are open daily from 10am to 6pm.

Buyers in this phase can choose between two payment methods, including immediate payment (list price) and "occupation before full payment" (list price + 2%). Attractive mortgage and bridging loans will be available from a number of banks. Buyers will also get The Floridian Card, a two-in-one shoppers' and international calling card which entitles its owners to discounts and benefits at a selection of prestigious restaurants and shops specialising in modern living and communications.

Now ready for immediate occupation, The Floridian is equipped with a range of facilities including a residents' clubhouse, a swimming pool, landscaped gardens and an open-air playground.


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