Mont Verra flat sold for HK$260m, setting new high

Kerry Properties’(0683) ultra-luxury residential project, Mont Verra in Beacon Hill, sold a four-bedroom flat via tender for HK$260 million on Saturday, setting a new record for first-hand residential units in Kowloon this year.

The sold property is a 4,483-sq-ft unit, transacting at HK$57,997 per sq ft.

Meanwhile, the project has sold 56 units so far, raking in over HK$16.6 billion, with an overall average price of HK$58,000 per sq ft.
 

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