SHKP ups prices for Sierra Sea
Sun Hung Kai Properties (0016) unveiled the third price list yesterday for its massive Sai Sha project, Sierra Sea, with discounted prices averaging HK$11,498 per square foot, 5.6 percent costlier than the second one.
The third batch includes 118 units ranging from 301 to 700 sq ft, including 15 one-bedroom, 67 two-bedroom, and 36 three-bedroom flats.
Discounted prices range from HK$3.15 million to HK$8.38 million, or HK$10,237 to HK$12,702 per sq ft.
Andy Chan Hon-lun, general manager at SHKP's real estate agency, said the batch mainly comprises mid- to high-floor units, including some with sea views. Chan added that the pricing is in line with previous releases, and the developer may roll out more units depending on market response.
The developer is expected to close registrations on Thursday and launch the first round of sales on Saturday.
Meanwhile, more than 80 transactions were recorded in the primary market over the Easter holidays. Among them, Asia Standard International's (0129) High Park in Yuen Long saw 18 deals over the four-day period, bringing the total number of units sold at the project to 1,001, with only 24 flats remaining on the market.
In the secondary market, the 10 major housing estates tracked by Centaline Property recorded eight deals over the weekend, up from six a week earlier. Around 14 were logged over the holiday, slightly down from 15 in the same period last year.
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