The Wings II

Weekend housing market sends mixed signals

Henderson Land sold more than 80 flats at The Reach in Yuen Long. Photo: Nora Tam

Sales of new homes and flats in the secondary market over the weekend showed mixed results, according to property agents.

Monday, 28 January, 2013, 4:39am

Two luxury residential sites fetch HK$2.9b

SHKP has raised prices for the second batch of 50 flats at The Wings II after receiving a positive response for the first batch. Photo: Sandy Li

Two residential sites, in Sai Kung and Sha Tin, were sold for a total of more than HK$2.9 billion, roughly in line with market expectations.

10 Jan 2013 - 4:19am

Flat launches will give Hong Kong housing market a boost, analysts say

High Place in Kowloon City, where 30 flats have been sold since Saturday. Photo: May Tse

Upcoming flat launches are expected to give the local home market a boost amid improved buying sentiment after the Christmas and New Year's holiday break, say agents and property analysts.

9 Jan 2013 - 3:26am

Sun Hung Kai Properties Wings II flats priced cheaper than planned

The Wings II, a residential project in Tseung Kwan O. Photo: Sandy Li

Sun Hung Kai Properties yesterday priced the first 50 flats at The Wings II project at HK$10,688 per square foot, about a third lower than it originally intended, and also cheaper than the inaugural 50 flats the project's first phase sold in 2011.

5 Jan 2013 - 5:09am