One Marina in To Kwa Wan sells all 138 units on Tuesday

One Marina in To Kwa Wan, developed by Sino Land (0083), China Merchants Land (0978), and the Urban Renewal Authority, sold all 138 units of the second batch on Tuesday, generating nearly HK$1.2 billion. 

All 138 units span from 380 to 505 square feet and feature a two-bedroom layout. 

The project sees a significant number of young buyers, according to Sino executive director Victor Tin Sio-un. 

Several buyers from Midland Realty plans to spend around HK$25 million to purchase three units for rental purposes. The project continues to primarily cater to end-users, while investors comprise about 30 percent, according to the property agent. 

One Marina has sold 289 units to date, generating over HK$2.5 billion in revenue.

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