The Hong Kong primary property market kick-started the Year of the Horse by selling 22 units on Saturday.
Central Residence By The Park, co-developed by Pacific Century Premium Developments (0432) and CSI Properties (0497), sold 5 units by tender for HK$91.78 million, consisting of one- and two-bedroom layouts ranging from 380 to 635 square feet, with recorded transaction prices of HK$12.92 million to HK$21.53 million.
PCPD sales and marketing director Cello Chan said the project has sold 39 units so far, totaling over HK$1.35 billion, reflecting high market demand for luxury apartments.
Kerry Properties' (0683) Hava in Yuen Long sold 2 units via tender for HK$14.54 million. The two-bedroom units span 365-sq-ft and 476-sq-ft, with transaction prices of HK$5.88 million and HK$8.66 million, respectively.
The Pavilia Forest II in Kai Tak, co-developed by New World Development (0017) and Far East Consortium International (0035), sold a 287-sq-ft one-bedroom unit and a 383-sq-ft two-bedroom unit. The transaction prices were HK$6.11 million and HK$8.74 million, respectively.
Deep Water Pavilia II in Wong Chuk Hang, co-developed by New World Development, Empire Group, CSI Properties, Lai Sun Development (0488), and MTR Corporation (0066), sold a 494-sq-ft two-bedroom unit for HK$13.48 million.
Grand Victoria II in West Kowloon, co-developed by Wheelock Properties and Sino Land (0083), sold a 256-sq-ft unit for HK$5.87 million.
Park Seasons in Lohas Park, co-developed by Wheelock Properties and MTR Corporation (0066), sold a 437-sq-ft two-bedroom unit for HK$7.53 million.
Swire Properties (1972)' the Headland Residences in Chai Wan sold a 554-sq-ft two-bedroom unit for HK$9.44 million.
Shimao's (0813) Beacon Peak near Kowloon Tong sold a 1,535-sq-ft four-bedroom unit for HK$29.93 million.
Gloria Leung
