Most of the 30 available units in the Wan Chai project sold on Sunday, with mainland buyers accounting for half the transactions
Buyers flocked to a Hong Kong Island residential project located in a prime area in Wan Chai on Sunday, snapping up most of the units on offer, with mainland buyers accounting for half of the transactions, according to agents.
Twenty-one of the 30 units at the 33 Kennedy Road project were sold as of 3pm on Sunday.
The 71-unit completed project was jointly developed by The Development Studio, owned by ex-Swire Properties chairman Keith Kerr, and Fu Hop Investment. The developers priced the 30 units at an average price of HK$29,200 (US$3,719) per square foot.
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