Sun Hung Kai's Yuen Long Project Chin Yü Shatters August Sales Records with 108 Units Sold
SingTao · 2 SOURCESabout 2 hours ago3 MIN
Summary
Sun Hung Kai Properties' new development Chin Yü (芊御) in Yuen Long achieved exceptional sales performance in August, recording 108 transactions worth over HK$610 million. Since its launch, the project has sold 367 units cumulatively, approaching HK$2 billion in total revenue.
Key Points
- Sun Hung Kai Properties' Chin Yü project in Yuen Long sold 108 units in August alone, generating over HK$610 million
- Units sold in August range from one-bedroom to three-bedroom suites, plus platform special units with sizes from 290 to 568 sq ft
- Transaction prices after discounts range from HK$4.25 million to HK$8.93 million per unit, catering to diverse buyer needs
- Since launch, the project has cumulatively sold 367 units with total revenues approaching HK$2 billion
- Approximately 90 percent of priced units have been sold, with a featured platform unit at Tower 1 2/F Unit G achieving HK$19,630 per sq ft
Why It Matters
The strong sales performance reflects robust demand for new private residential units in the New Territories, indicating buyer confidence in the Yuen Long market despite broader economic headwinds .
The strong sales performance reflects robust demand for new private residential units in the New Territories, indicating buyer confidence in the Yuen Long market despite broader economic headwinds .