Primary market recorded 38 transactions during weekend
During the weekend, 38 units were sold in the primary market, down 45% w-o-w (Past weekend: 70 transactions). Among which, Regency Bay in Tuen Mun was the best-selling project with 11 units sold. A total of 202 units have been sold, cashing in HKD 1.3 billion.
Ten major estates recorded 21 transactions over weekend
According to market news, a total of 21 transactions were recorded in the ten major estates over weekend, edged up 5% w-o-w. It reached a 17-week high, and it has been the fifth consecutive weekends with double digit level. Among which, Kingswood Villas in Tin Shui Wai and Metro City in Tseung Kwan O recorded five and two transactions, respectively.
Entire floor at Vincent Commercial Centre transacted at HKD 4,796 psf
4/F, Vincent Commercial Centre, 21 Hillwood Road, Tsim Sha Tsui, with an area of 1,668 sq ft, has been transacted with 33% discount at HKD 8 million or HKD 4,796 per sq ft.
Entire building at Stanley Mound Road sold at HKD 100 m
According to market news, an entire even no. building at Stanley Mound Road, with a total area of 3,940 sq ft, has been sold at HKD 100 million or HKD 25,381 per sq ft through company transfer.
(Sources: Vigers Research and market news)