Park Silicon sells first eight units for $78.43 mn

Wheelock Properties' Kwu Tung project Park Silicon Phase Two Palo Springs sold 56 units in total on Sunday, cashing in nearly HK$417 million. 

One customer purchased four units in one go, totaling nearly HK$25.91 million. 

Unit C on the 3rd floor of Block 2A, spanning 442 sq ft, was sold for the highest price per sq ft of HK$23,604, setting a new record for the project and a benchmark for the private residential market in the entire Kwu Tung market, according to Ricky Wong Kwong-yiu, vice chairman and managing director of Wheelock Properties. 

Wong asserts that the strong performance reflects the market's recognition of the project's quality and advantages as the first residential project in Kwu Tung North.

Additional flats and new sales arrangements will be announced shortly.

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