Kerry project takes lion's share of interest
The focus this week will be the sale of Lions Rise in Wong Tai Sin developed by Kerry Properties, Samsung Securities (Asia) said. The price list for the first batch of 60 flats was released on Sunday, with an average price of HK$9,998 per square foot, lower than its target of HK$12,000. Most were two-bedroom 736 sqft flats and three-bedroom flats of 934 sqft. The positive response prompted the developer to release the price list for four more batches on Monday. Kerry aims to launch about half of the total of 968 flats for HK$5 billion.