Sun Hung Kai Properties (HKG:0016) sold out all the 288 units comprising the second batch of units for sale at Sierra Sea apartments in the New Territories, the South China Morning Post reported Saturday, citing agents.
The transactions come after SHKP sold out the first batch of 318 units in the project during the previous weekend, bringing the total to 606 units sold over two weekends, the SCMP said.
The apartments are 20% cheaper compared with other properties in the same district, the report said, citing Midland Realty residential division chief Sammy Po Siu-ming.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)