Hong Kong’s SHKP set to continue sell-out streak with latest Sierra Sea offering: agents



Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP), appears on track to post another sell-out this weekend for the latest units on sale at its massive Sierra Sea residential project, as improving market sentiment continued to boost homebuyers’ confidence.

Homebuyers snapped up more than 70 of the 262 new flats on offer at Sierra Sea’s Phase 2A as of 12.30pm on Saturday, according to agents.

“About 60 per cent of buyers are for investment,” Chan said, noting that one homebuyer paid HK$46.3 million (US$5.94) for eight units.

The 213 units offered for sale under a price list include 27 one-bedroom flats, 135 two-bedroom units and 52 three-bedroom flats. There were 49 flats offered by tender.

These flats were priced between HK$3.76 million and HK$8.31 million. The 49 special-feature units for tender cost between HK$3.43 million and HK$8.32 million.

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