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Sun Hung Kai Properties’ (0016) Sierra Sea, Phase 1A (2) of its Sai Sha project, has received pre-sale consent and is expected to announce its first price list as early as next week.
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The developer's deputy managing director Victor Lui Ting said the sales brochure could be uploaded and show flats opened to the media as soon as next week, with the first round of sales expected around Easter.
Lui said Hong Kong’s rental market is showing strong growth and expected the property sector to remain robust, citing a possible US interest rate cut by mid-year. He added that the project is likely to attract a diverse group of buyers, including first-time homeowners, upgraders and investors.
Andy Chan Hon-lun, general manager of SHKP’s real estate agency, said Sierra Sea will feature a range of unit layouts, from one- to three-bedroom apartments, as well as special units, including six four-bedroom flats.
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