Hong Kong's primary property market sold 25 units on Saturday

Hong Kong's primary property market sold 25 units yesterday, with CK Asset's (1113) Blue Coast in Wong Chuk Hang selling three four-bedroom units by tender for around HK$120 million.

Among the three units sold, the highest transaction price was HK$40.8 million, spanning 1,267 square feet.

KT Marina in Kai Tak, co-developed by K Wah International (0173), Wheelock Properties, and China Overseas Land and Investment (0688), sold a 315 sq ft unit for HK$6.83 million.

Central Residence By The Park, co-developed by Pacific Century Premium Developments (0432) and CSI Properties (0497), will sell its furnished two-bedroom units via tender on Wednesday.

PCPD sales and marketing director Cello Chan said the property sales may hit a double record high in terms of price per sq ft and total price.

Gloria Leung