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HK FLAT SELLS FOR HK$81 MILLION | HK Weekend Property Market Recap

Squarefoot Editor  2023-05-16  612 #Property Hit News

Over the weekend, many large transactions were recorded in the market, with one noteworthy sale coming from University Heights in Mid-Levels West.

A four-bedroom unit measuring 1,584 square feet, including one parking space, was sold by tender for a whopping HK$81 million at around HK$51,136 per square foot. With three units remaining, University Heights has sold 22 units so far, generating a colossal sum of HK$1.79 billion in sales.

This weekend, homebuyers remained unfazed by the weekend’s heavy rain, with about 177 first-hand transactions recorded in two days, over seven times higher week-on-week.

#hongkongpropertymarket #hongkongrealestate #realestate

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