2025-02-21 28Hse Editor
Despite a quiet primary market, there have been a few large transactions. The luxury house project at No. 15 Shouson, developed jointly by Emperor International (0163), C C Land (1224), and CSI Properties (0497), sold another house yesterday, bringing in over HK$320 million at a price of HK$68,177 per square foot.
The transaction involves House 12, which has a saleable area of 4,696 square feet, featuring four bedrooms, each with an en-suite bathroom, a 1,582-square-foot garden with a swimming pool, and a 1,121-square-foot rooftop. Including this latest sale, the project has sold a total of five houses, accumulating over HK$2.384 billion in revenue.
Meanwhile, Sun Hung Kai Properties (0016) has sold a villa at its St. Barths project in Ma On Shan yesterday through a tender. This villa is the last of the four largest houses in the project. The sold villa has a saleable area of 3,804 square feet, featuring four bedrooms, each with an en-suite bathroom, and a 2,792-square-foot garden. The transaction amount is HK$110.566 million, with a price of HK$29,066 per square foot.
K&K Property's luxury project One Stanley in Stanley sold a four-bedroom duplex yesterday through a tender for HK$94.7 million, setting new records for the highest transaction price and price per square foot for the project. The sold unit, located on the 2nd and 3rd floors of Block 11, Unit C, is the only four-bedroom duplex in the project, with a saleable area of 2,566 square feet, including a storage room, courtyard, and a rooftop of 1,089 square feet. The project has sold a total of 12 units so far, with total revenue exceeding HK$1.05 billion.
Tony Cheng, Investment and Sales Director at K&K Property, stated that the group intends to retain some units for long-term investment and plans to gradually increase the internal guideline prices for the remaining unsold units, estimating a potential increase of about 10% to 20%.
Like
