Home Sales Doubled in February
Sales transactions of residential units surged 126% in February over the previous year, while total dollar volume soared 210%, according to the latest data released by the Land Registry. There were 4,079 sale and purchase agreements registered last month, with dollar volume of HK$36.5 billion. On a month-on-month basis, the increases over January were 24% and 33%, respectively.
NAPA To Launch 72 Units in Two Batches
K Wah International is selling another 68 units at its Kai Tak project, K City, next Tuesday, at prices ranging from HK$6.239 million to HK$13.71 million, or from HK$16,772 to HK$22,669 per square foot. Meanwhile, Wheelock launched 46 units from NAPA in Tuen Mun yesterday, and will put another 26 units on sale next Monday, with a discounted price per square foot at HK$11,281. The prices range from HK$5.15 million to HK$10.24 million.
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