More than 200 flats were sold in Hong Kong during the holiday weekend, helped by special tours, property agents said. Major property agencies arranged tours for mainlanders to visit show flats of new projects in Hong Kong during the National Day golden week holiday. Fredy Wu Yat-fat, the chief executive of Hong Kong Property, said his firm arranged for 100 mainland investors to visit the show flats of Henderson Land Development's Grand Waterfront in To Kwa Wan and secured three deals. Property agents said one mainland investor paid more than HK$4.54 million for a 757 square foot unit, betting that the price would jump in the next few years. Hong Kong Property would provide two coaches for mainland investors, mainly from Shenzhen, to visit new projects in Hong Kong every day during the holidays, Mr Wu said. Meanwhile, New World Development teamed up with Centaline Property to offer 1 per cent discount to mainland buyers, clinching a handful of transactions, property agents said. Ricacorp executive director Willy Liu Wai-keung said the organised tours were meant to prop up the market and lure more Hong Kong residents to buy. 'As we are not aggressive in organising the tours, only 1 per cent of units sold by our firm are bought by mainland people,' he said. Grand Waterfront recorded about 40 transactions during the holiday, making it the most popular residential project, Mr Wu said. Sales at Henderson Land's Regence Royale in the Mid-Levels unexpectedly sold more than 30 units for an average HK$18,000 per square foot in the past three days. 'Each unit was sold at nearly HK$50 million,' Mr Wu said. 'Many investors are interested in the project.' Mr Liu estimated that more than half of the buyers at Regence Royale were investors who made money from the stock market and were encouraged by the recent cut in interest rates. HKR International sold 15 units at Chianti, a project in Discovery Bay, for an average HK$5,500 per square feet during the holidays, a spokesman said. Mr Liu said developers raised prices 2 per cent after the recent strong sales.