Hundreds of prospective buyers gravitated to a Sun Hung Kai Properties’ (SHKP’s) project in the New Territories on Saturday, keen to view the 121 flats on offer in a fresh sign that Hong Kong’s home market is on a sustained upwards cycle despite risk caution.
As of 2pm, more than 80 per cent of the homes at Lime Spark in Tsuen Wan had found buyers, while some bullish investors offered to buy more than one unit, according to property agents.
The buying euphoria surrounding the project came one week after its first batch of 154 units was sold out last Saturday.
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“We have seen a warm response from homebuyers,” said Tam Sik-cham, SHKP’s sales and marketing assistant general manager. “The developer is highly confident of the sales results today.”
He added that one buyer planned to spend more than HK$30 million (US$3.8 million) to purchase four units, while another six investors looked at owning three flats each.
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The homes comprised one- to two-bedroom layouts with sizes from 273 sq ft to 416 sq ft. Discounted prices ranged between HK$4.83 million and HK$7.84 million per unit.