Media365
Hundreds of prospective buyers gravitated to a Sun Hung Kai Properties’ (SHKP’s) project in the New Territories on Saturday, keen to view the 121 flats on offer in a fresh sign that Hong Kong’s home market is on a sustained upwards cycle despite risk caution.
The buying euphoria surrounding the project came one week after its first batch of 154 units was sold out last Saturday.
“We have seen a warm response from homebuyers,” said Tam Sik-cham, SHKP’s sales and marketing assistant general manager. “The developer is highly confident of the sales results today.”
He added that one buyer planned to spend more than HK$30 million (US$3.8 million) to purchase four units, while another six investors looked at owning three flats each.
The homes comprised one- to two-bedroom layouts with sizes from 273 sq ft to 416 sq ft. Discounted prices ranged between HK$4.83 million and HK$7.84 million per unit.
