Mont Verra four-room sold for HK$195 million, third deal this month

Kerry Properties (0683) has sold a four-bedroom unit at its luxury Mont Verra development in Kowloon Tong for HK$195 million by tender on Saturday, marking the third transaction recorded at the project this month.

The unit spans 4,364 square feet of size, translating into about HK$44,684 per sq ft.

The project has so far sold 47 units, generating total sales of about HK$14.3 billion, with an average price of around HK$59,000 per sq ft.

Cynthia ZHONG