Over the weekend, the first-hand market recorded about 301 transactions, a 30% drop compared to the previous week. This decline was mainly because only one major project, Yoho West Parkside in Tin Shui Wai, launched sales.
In its second round of sales, 172 units were released and sold out on the same day.
Following this, the developer immediately launched a fifth price list, offering 87 units with discounted prices ranging from HK$3.06 million to HK$8.2 million, or around HK$9,600 to HK$15,700 per square foot.
Around 20 of these units are priced below HK$4 million, benefitting from the new stamp duty policy announced in the recent Budget.
