K&K Property's One Stanley House 29 Sells for HK$147 Million via Tender
Thestandard · 1 SOURCESabout 1 hour ago2 MIN
Summary
K&K Property sold House 29 at its One Stanley luxury residential development in Stanley for HK$147 million through a tender on Friday. The four-bedroom house spans 3,382 square feet and represents one of the most significant single-family home transactions in Hong Kong this year. The project has achieved strong sales momentum, with 26 units sold so far in 2026 and total transaction value exceeding HK$6.2 billion since its launch.
Key Points
- House 29 at One Stanley sold for HK$147 million via tender on September 11, 2026, measuring 3,382 square feet with a four-bedroom layout
- The project has sold 26 units this year, comprising 10 houses and 16 special units, with all houses exceeding HK$100 million in transaction value
- Total transaction value for the entire development has surpassed HK$6.2 billion across 58 units sold to date
- Only House 26 remains available for sale as a comparable unit, reflecting shrinking inventory amid robust demand
- K&K Property projects luxury property prices in Hong Kong will rise 15 to 20 percent in 2026, driven by anticipated supportive government policies
Why It Matters
The record-breaking sale underscores sustained appetite for ultra-luxury residential properties in Hong Kong despite broader market uncertainties. With the government set to unveil its first Five-Year Plan and Policy Address next week, the transaction signals investor confidence that upcoming policy measures will further bolster the city's property market and overall economic trajectory .
The record-breaking sale underscores sustained appetite for ultra-luxury residential properties in Hong Kong despite broader market uncertainties. With the government set to unveil its first Five-Year Plan and Policy Address next week, the transaction signals investor confidence that upcoming policy measures will further bolster the city's property market and overall economic trajectory .