Story perspectives

SHKP Sells Out 350 Units, Fuels Hong Kong Housing Surge

2/1/2026

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Summary

Story summary

Sun Hung Kai Properties (SHKP) sold all 350 units at the Sierra Sea project on February 1, 2025, marking its fifth consecutive sell-out.
The batch included 244 two-bedroom and 106 three-bedroom units, with prices ranging from HK$4.6 million to HK$9.74 million.
January saw four successful sell-outs by Sun Hung Kai Properties (SHKP).
The Sierra Sea development, located between Sai Kung and Ma On Shan, is Hong Kong's largest housing development since 1999 and features extensive amenities.
Lived-in home prices rose 3.25% in 2025, reflecting renewed buyer interest in Hong Kong's expensive market.

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Story summary

Sun Hung Kai Properties (SHKP) sold all 350 units at the Sierra Sea project on February 1, 2025, marking its fifth consecutive sell-out.
The batch included 244 two-bedroom and 106 three-bedroom units, with prices ranging from HK$4.6 million to HK$9.74 million.
January saw four successful sell-outs by Sun Hung Kai Properties (SHKP).
The Sierra Sea development, located between Sai Kung and Ma On Shan, is Hong Kong's largest housing development since 1999 and features extensive amenities.
Lived-in home prices rose 3.25% in 2025, reflecting renewed buyer interest in Hong Kong's expensive market.