ST. GEORGE'S MANSIONS Sets New Dual Records with 30M-HKD Two-Bed Sale
AM730 · 2 SOURCESabout 1 hour ago2 MIN
Summary
Sino Land Co. Ltd. (083) and CLP Holdings Ltd. (002) jointly developed the ST. GEORGE'S MANSIONS luxury project on Karnes Road in Ho Man Tin. On Tuesday, September 1, 2026, the development achieved a landmark transaction when Flat C on the 22nd floor of Tower 2 was sold for HK$29.68 million. The 764-square-foot unit fetched HK$38,848 per square foot, setting new records for both total price and price per square foot among two-bedroom units in the project .
Key Points
- ST. GEORGE'S MANSIONS sold Flat C, Tower 2, 22/F (764 sq ft) for HK$29.68 million, achieving HK$38,848 per sq ft
- The transaction set dual records for two-bedroom units in the project in terms of both total price and price per square foot
- The development has sold 163 units, representing over 90% of total inventory, with cumulative sales exceeding HK$11.8 billion
- Only a limited number of 764-square-foot two-bedroom units remain available
- The project has attracted wealthy local families, rental investment enthusiasts, and foreign finance professionals seeking premium living in an elite school district
- Over 20 bulk transactions involved single buyers purchasing two or more units
Why It Matters
The record-breaking sale underscores sustained demand for ultra-luxury residential properties in Hong Kong's coveted Ho Man Tin enclave, particularly among wealthy families and international talent. As the project approaches sellout with only a handful of premium units remaining, the strong sales performance signals continued confidence in the luxury property market despite broader economic headwinds .
The record-breaking sale underscores sustained demand for ultra-luxury residential properties in Hong Kong's coveted Ho Man Tin enclave, particularly among wealthy families and international talent. As the project approaches sellout with only a handful of premium units remaining, the strong sales performance signals continued confidence in the luxury property market despite broader economic headwinds .