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Ocean One is a mixed commercial–residential property in Yau Tong, Hong Kong, completed in January 2013. It is located in an industrial area near Lei Yue Mun, approximately 10 minutes' walking distance from Yau Tong MTR station. The building contains a total of 124 residential units.

History

The building was developed by Lai Sun Development, and its apartments were first offered for sale in October 2012 at an average price per square foot of HK$10,326. Apple Daily criticised the unreasonably high price compared to the prices of units at Canaryside and The Spectacle, two nearby residential buildings, which at the time averaged HK$7,000 per square foot.

Ocean One opened a show flat for viewing in September 2012, one month before flats were first offered for sale. Two flats were sold on the first day. Lai Sun halted sales in June 2013 citing errors in its sales brochure, which needed to be rectified to comply with new government regulations on sales of new apartment units. At that point, only 14 of the 124 flats had been sold, despite increasing discounts.

Secret photography controversy

During the six-month period between September 2012 and March 2013, 63 prospective buyers visiting the development were secretly photographed while using the toilet inside the show flat, until a woman discovered that she was being photographed without consent. Lee Yeung-kai, a manager at Lai Sun Development, admitted to the unauthorised photography and to 29 charges of access to computer with criminal or dishonest intent at trial in December 2013.

Misleading advertisement controversy

From May 2013 through May 2014, Lai Sun Development placed advertisements and created sales brochures for Ocean One which stated that the property was being sold at a 10% discount, though this discount was not available to all buyers. In October 2016, the Sales of First-hand Residential Properties Authority ruled that the advertisement was misleading because it did not specify that the discount only applied to purchases made by cash or immediate hire purchase.

Commercial use

This Town Needs, a concert venue, was located in a commercial space on the first floor of Ocean One. The venue started hosting concerts in February 2018, but closed its doors in February 2020 amid the coronavirus outbreak.

References

1. "Ocean One - 藍田 / 油塘 | 屋苑專頁". Midland Realty. Retrieved 9 May 2019.
2. 林, 可為 (17 November 2012). "油塘Ocean One 中高層海景壯闊". Ming Pao. Archived from the original on 6 January 2014. Retrieved 8 May 2019.
3. 林, 可為 (14 October 2012). "油塘Ocean One呎價10326 麗展新盤突搶閘開價". Ming Pao. Archived from the original on 2 April 2015. Retrieved 8 May 2019.
4. "油塘OCEAN ONE獅子開大口 工廠區呎價索萬". Apple Daily. 14 October 2012. Retrieved 8 May 2019.
5. "Ocean One圖則出錯 重推無期". Oriental Daily News. 10 June 2013. Retrieved 8 May 2019.
6. "林建岳樓盤OceanOne 爆偷拍醜聞". Oriental Daily News. 16 November 2013. Retrieved 8 May 2019.
7. "示範單位偷拍逾60客人如廁 麗新經理哭著認罪". Apple Daily. 13 December 2013. Retrieved 8 May 2019.
8. "麗展售樓涉違規表證成立". Oriental Daily News. 6 October 2016. Retrieved 8 May 2019.
9. Lord, Richard (11 June 2018). "Hong Kong indie music venue Hidden Agenda returns as TTN – and it plans to have something for everyone". South China Morning Post. Retrieved 8 May 2019.
10. "Music venue This Town Needs closes following string of canceled performances amid outbreak". Coconuts Hong Kong. Retrieved 23 June 2020.

22°17′34″N 114°14′16″E / 22.29278°N 114.23778°E / 22.29278; 114.23778

• Private housing estates in Hong Kong
• Yau Tong