The Sterling II Sells Five Units for Over HK$71 Million in Two Days
Thestandard · 2 SOURCES1 day ago2 MIN
Summary
The Sterling II, developed by China Resources Land (1109), has achieved impressive sales momentum, with five units sold within two days generating over HK$71.18 million . The project, which has sold 822 units in total for more than HK$8.14 billion to date, demonstrates robust demand in Hong Kong's luxury residential market . Recent transactions include units across different tower locations and floor levels, with prices ranging from HK$22,658 to HK$24,549 per square foot . The sales activity reported on October 7 and 8, 2026, reflects continued investor confidence in premium property developments despite broader market conditions.
Key Points
- A 730 sq ft three-bedroom unit on the 31st floor of Tower 5A sold for HK$16.56 million (HK$22,678 per sq ft)
- A 306 sq ft rooftop unit on the 46th floor of Tower 5B fetched HK$7.51 million (HK$24,549 per sq ft)
- A 730 sq ft three-bedroom unit sold via tender for HK$17.23 million (HK$23,599 per sq ft)
- A 628 sq ft three-bedroom unit sold via tender for HK$14.23 million (HK$22,658 per sq ft)
- China Resources Land has sold 822 units of The Sterling II in total, generating over HK$8.14 billion
Why It Matters
The strong sales performance of The Sterling II indicates sustained demand for premium residential properties in Hong Kong, with buyers showing willingness to pay premium prices per square foot for well-positioned units . As China Resources Land continues to achieve significant sales volumes and revenue from this project, the results may influence market sentiment and pricing strategies for other luxury developments in the territory .
The strong sales performance of The Sterling II indicates sustained demand for premium residential properties in Hong Kong, with buyers showing willingness to pay premium prices per square foot for well-positioned units . As China Resources Land continues to achieve significant sales volumes and revenue from this project, the results may influence market sentiment and pricing strategies for other luxury developments in the territory .