Hong Kong’s SHKP continues sell-out streak with latest Sierra Sea offering

Homebuyers snap up all 213 new flats on sale at Sierra Sea’s Phase 2A as of 9pm on Saturday

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Sun Hung Kai Properties’ deputy managing director Victor Lui (left) and real state agency general manager Allen Woo hold a banner marking the latest Sierra Sea sell-out. Photo: Handout

Published: 2:43pm, 10 Jan 2026Updated: 9:36am, 11 Jan 2026

Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP), posted another sell-out this weekend for the latest batch of units on sale at its massive Sierra Sea residential project, as improving market sentiment continued to boost homebuyers’ confidence.

Homebuyers snapped up all 213 flats on sale at Sierra Sea’s Phase 2A as of 9pm on Saturday, according to agents. Information on 49 other flats offered via tender were not disclosed.

“About 60 per cent of buyers are for investment,” said Louis Chan Wing-kit, vice-chairman and president at Centaline Property’s residential department. He added that one homebuyer paid HK$46.3 million (US$5.94) for eight units.

There were a total of 262 units made available on Saturday, with 213 flats sold under a price list that included 27 one-bedroom flats, 134 two-bedroom units and 52 three-bedroom flats. There were 49 units offered via tender.

The flats sold cost between HK$3.76 million and HK$8.31 million. The 49 special-feature units for tender were priced between HK$3.43 million and HK$8.32 million.

SHKP received 42,330 subscriptions for the 213 units, a record oversubscription of over 197 times.

Hong Kong’s SHKP continues sell-out streak with latest Sierra Sea offering

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Homebuyers snap up all 213 new flats on sale at Sierra Sea’s Phase 2A as of 9pm on Saturday

Homebuyers snap up all 213 new flats on sale at Sierra Sea’s Phase 2A as of 9pm on Saturday