Property developers CK Asset (HKG:0066) and MTR (HKG:1113) will launch the sale of new 558 flats on Hong Kong's south side in October, The Standard reported Tuesday.

The units are part of Blue Coast II, which is Phase 3C of The Southside, a joint development of CK Asset and MTR in Wong Chuk Hang, the report said.

The first phase of the Blue Coast, or phase 3B of The Southside, has so far sold 571 flats for HK$10.8 billion, the newspaper said.

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