Park Yoho II Sells Two Flats in One Day
SingTao · 2 SOURCESabout 3 hours ago2 MIN
Summary
Park Yoho II, the completed residential project at Kam Sheung Road Station in Yuen Long led by Sino Group, recorded two transactions in a single day with combined proceeds of more than HK$33.83 million. One of the units sold was a four-bedroom flat, and reports said all four-bedroom units in the development have now been sold out
Key Points
- Flat A1 on 1/F of Tower 8, with a saleable area of 977 square feet, sold for HK$18.9243 million at HK$19,370 per square foot.
- Flat A5 on 8/F of Tower 7, with a saleable area of 763 square feet, sold for HK$14.9076 million at HK$19,538 per square foot
- The Tower 8 unit was a four-bedroom, one-en suite layout with a maid's room, while the Tower 7 unit was a three-bedroom, one-en suite layout with a maid's room.
- Agency market commentary said enquiries for new homes in northern Hong Kong have continued to rise alongside progress in the Northern Metropolis blueprint and related border-area projects
- The Park Yoho series recorded 10 deals in August, taking in more than HK$119 million, while cumulative sales since launch reached 1,994 units worth more than HK$17.3 billion.
Why It Matters
For Hong Kong homebuyers and developers, the latest sales suggest demand is still being supported by buyers focused on transport links and cross-boundary commuting patterns in the Northern Metropolis area. The sell-out of four-bedroom units also indicates that larger layouts in station-linked projects can continue to find takers even as the broader new-home market remains selective