Hong Kong homebuyers snap up 138 Garden Regency flats in New Territories project
The News
Sun Hung Kai Properties, Hong Kong's largest developer, sold all 138 flats in the first batch of its Garden Regency project in Kam Tin North, Yuen Long on Saturday, with sales closing by 3:30pm. The three-tower development comprises 566 units. This launch marks SHKP's return to the market two months after its Lime Spark project in Tsuen Wan. The strong uptake indicates sustained demand in Hong Kong's residential property market.
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The Analysis
Intelligence Brief
Analyzed
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All 138 flats launched by Sun Hung Kai Properties were sold by 3.30pm on the launch day.
Garden Regency is a three-tower development comprising 566 units.
5 claims still need verification.
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5 unresolved.
Key findings
Sun Hung Kai Properties sold out the first batch of 138 units at its Garden Regency project in Kam Tin North, Yuen Long on Saturday.
South China Morning Post- All 138 flats launched by Sun Hung Kai Properties were sold by 3.30pm on the launch day.
- The project is located in Kam Tin North, Yuen Long, in the New Territories.
Plain English
Loaded language removedSun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, sold out the first batch of units at its Garden Regency project in the New Territories on Saturday, according to agents. By 3.30pm, all 138 flats the developer had launched in the Kam Tin North project in Yuen Long had found buyers, the agents said.
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Claims
Sun Hung Kai Properties sold out the first batch of 138 units at its Garden Regency project in Kam Tin North, Yuen Long on Saturday.
South China Morning PostAll 138 flats launched at Garden Regency had found buyers by 3:30pm on the same day.
South China Morning PostGarden Regency is a three-tower development comprising 566 units.
South China Morning PostSHKP's Garden Regency launch marks its return to the market two months after the Lime Spark project in Tsuen Wan.
South China Morning PostSun Hung Kai Properties is Hong Kong's largest developer by market capitalisation.
South China Morning Post