Second Home Prices Reaching New High
With the increasing price in the primary home market, and the record high price of Ap Lei Chau residential site, the secondary market are turning viral. Home prices in Tin Shui Wai reached another peak, with a 446-square-foot apartment at Kingswood Villa fetching a price of HK$4.18 million, or HK$9,372 per sq ft, the highest of a two- bedroom flat in the housing estate. Meanwhile, a 820-square-foot three-room unit with rooftop in City One Shatin was sold at HK$10.6 million, the second highest price in the estate.
Cullinan West to Upload Price List Soon
Sun Hung Kai opened the show flats of its new project in Nam Cheong MTR Station – Cullinan West yesterday. The developer would upload price list this week and open show flats for public by then. Meanwhile, another MTR project, The Pavilia Bay in Tsuen Wan West by New World Development and Vanke, launched another 99 units with an average price at HK$17,472 per square foot. The size of these units ranges from 306 to 1,039 square feet.
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