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Story summary
- Sun Hung Kai Properties sold out all 213 Phase 2A Sierra Sea units over the weekend, with 42,330 subscriptions and an oversubscription of over 197 times.
- The sale indicates rising homebuyer confidence.
- Louis Chan Wing-kit of Centaline Property said about 60% of buyers were investors.
- Sold flats ranged from HK$3.76 million to HK$8.31 million.
- Forty-nine additional units were offered via tender at HK$3.43 million to HK$8.32 million.
