Key facts
- All 128 flats offered in Phase 2C(2) of SHKP's Sierra Sea project were sold.
- The sales took place in Hong Kong's New Territories.
- Units were offered at discounted prices.
Sun Hung Kai Properties (SHKP), one of Hong Kong’s largest developers, has sold out the latest batch of flats at its Sierra Sea project in the New Territories. By 5:40 p.m. on Wednesday, SHKP had found buyers for all 128 flats offered at listed prices in Phase 2C(2) of the development in Shap Sze Heung. The sales occurred ahead of a possible US Federal Reserve interest-rate increase by year-end, with units offered at discounted prices.