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LUXURY APARTMENT SELLS FOR HK$240M | HK Weekend Property Market Recap

Squarefoot Editor  2023-08-11  111 #Movie

At Kerry Properties’ Mont Verra project on Lung Kui Road, a four-bedroom, four-bath flat with two car parking spaces sold for a whopping HK$240 million (US$30.7 million), setting a record high for flats in Kowloon this year.


As the second-hand market came to a standstill, homeowners resorted to cutting prices to attract buyers. Here are three such cases from the last week.


TIMESTAMPS:

0:00 CK Asset’s cheapest urban flats in 7 years - The Coast Line II

2:37 Weekend sales highlights

2:54 Mont Verra HK$240M unit

3:11 Price reduction amid secondhand market slump

3:39 Case 1 - Mei Foo Sun Chuen

4:12 Case 2 - Mei Foo Sun Chuen

4:41 Case 3 - Double Cove Starview Prime

5:31 HK$11M investment in car park

6:12 Upcoming property market news


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