Real Estate

Hong Kong Developer’s Kai Tak Project Sold Out for Second Week

Sun Hung Kai Properties sold 238 units at Cullinan Sky project
CK Asset also saw strong interest at Blue Coast II development

Sun Hung Kai Properties’ Cullinan Sky project. — Sun Hung Kai Properties’ Cullinan Sky project.
Source: Google Maps

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By Krystal Chia

October 13, 2024 at 11:18 AM UTC

This article is for subscribers only.

Hong Kong’s biggest property developer sold all of its units put on sale at one of its projects over the weekend, as some buyers took advantage of lower borrowing costs and steep discounts.

All 238 units for sale at Sun Hung Kai Properties’ Cullinan Sky project were sold over the weekend, according to a representative of the developer. This includes additional units released for sale after the developer noticed a high number of visitors to its show flat.