La Mirabelle I's first price list oversubscribed 11 times

La Mirabelle I's first price list in Tseung Kwan O, co-developed by Sino Land (0083), Kerry Properties (0683), K Wah International (0173), China Merchants Land (0978), and MTR Corporation (0066), was 11 times oversubscribed on Monday.

Victor Tin Sio-un, executive director of Sino Land, said the project, with 254 units, has received nearly 3,000 checks since registration started yesterday.

He said the project will unveil a new price list within the day, noting that it may raise the selling price, and will launch another round of sales shortly.

Gloria Leung