Media365
Developers launched 360 flats across two projects in Hong Kong on Saturday, as builders continued to test buyer demand amid improving housing sentiment and expectations that future supply could tighten.
The launches included 160 units at Zendo House in Tsim Sha Tsui, developed by Chinachem Group, and 200 units at Cloudview in Sheung Shui, developed by Wing Tai Properties.
As of 12pm on Saturday, 67 units had been sold across the two developments, according to Centaline Property.
“I am confident of today’s sales,” said Louis Chan Wing-kit, vice-chairman and president at Centaline Property. “Although external conditions are volatile, this may actually benefit the property market.”
Wing Tai sold 29 units out of the 200 launched in the first round of sales at its Cloudview project in Sheung Shui.
The flats range from studio units to two-bedroom apartments with storage rooms, with sizes between 286 and 445 sq ft.
