China buyer in Bellagio spree

Wharf (Holdings) has sold 16 units on two consecutive floors at its Bellagio project in Sham Tseng for HK$55 million to a mainland-funded buyer. The units on the 68th and 69th floors of Block 7 were about 14,000 square feet and the purchase price represented an average of HK$4,000 per square foot. Wharf has sold 900 units at Bellagio since its launch.