business · SingTao

SIERRA SEA Phase 2C(2) Releases 53 Units, Two-Bed Starting at HK$5.4M

SingTao · 3 SOURCES1 day ago2 MIN

Summary

Sun Hung Kai Properties has released a second price list for the SIERRA SEA Phase 2C(2) development in Sai Sha, adding 53 units to the market amid strong buyer demand. The new units comprise 29 two-bedroom and 24 three-bedroom apartments, with saleable areas ranging from 418 to 679 square feet. According to data compiled by Sing Tao, the project received over 10,000 subscription registrations as of Sunday at 8 pm, marking an oversubscription ratio of more than 62 times the 158 units currently available across two price lists . The sales gallery at a commercial building in Kowloon Station drew continuous crowds over the weekend, with queues regularly forming outside the exhibition hall .

Key Points

The 53 newly released units are located in Towers 1 and 2, featuring 29 two-bedroom and 24 three-bedroom configurations
After applying the maximum 15% discount, prices range from HK$5.4094 million to HK$9.7172 million, with saleable psf from HK$12,580 to HK$15,483
The cheapest unit is Flat J on 2/F of Tower 2, a 430 sq ft two-bedroom priced at HK$5.4094 million (HK$12,580 psf)
The average discounted psf of approximately HK$14,180 represents about a 4% increase over the first price list's average of HK$13,588
As of Saturday at 5 pm, over 5,000 purchase intention registrations had been recorded, translating to more than 30 times oversubscription

Why It Matters

The SIERRA SEA project reflects the continued vigour in Hong Kong's primary residential market, with subscriptions far exceeding available supply. The development's anticipated completion in March 2028 provides buyers with approximately 17 months of the presale period, and the strong reception suggests robust underlying demand for new private homes in the New Territories. SingTao, October 11, 2026 on.cc, October 11, 2026 on.cc, October 11, 2026