China Resources Land's Euijeng II Sells 2 Units for Over HK$30M
AM730 · 1 SOURCESabout 2 hours ago4 MIN
Summary
China Resources Land (Overseas) development Euijeng Phase 2 (叡璟II) in Southwest Kowloon achieved strong sales on Monday, September 28, 2026, with two three-bedroom standard units sold via tender for a combined total exceeding HK$30.03 million. The developer reported that since its launch over a month ago, the project has sold a total of 666 units, generating approximately HK$6.5 billion in revenue .
Key Points
- Unit sold at Tower 5A, 33/F, Flat C features three-bedroom suite with workroom and bathroom, independent enclosed kitchen, 713 sq ft saleable area, priced at HK$16.08 million (HK$22,558 per sq ft)
- Second unit at Tower 5B, 29/F, Flat A offers three-bedroom layout with independent enclosed kitchen, 628 sq ft saleable area, priced at HK$13.95 million (HK$22,220 per sq ft)
- Euijeng Phase 2 comprises two towers (Towers 5A and 5B) offering 407 units with sizes ranging from 269 to 730 sq ft, including one, two, and three-bedroom options plus platform and penthouse special units
- The development marks the first time the project introduces three-bedroom suite plus workroom with bathroom units and three-bedroom suite plus storage room, workroom, and bathroom configurations
- Project has no resident parking spaces and carries an expected key date of December 25, 2028
Why It Matters
With 666 units sold in just over a month and nearly HK$6.5 billion in revenue, Euijeng II's performance demonstrates robust demand in Hong Kong's new residential market, particularly for three-bedroom family units in the Southwest Kowloon harbourfront area. The project's success could influence future development strategies and pricing approaches for similar waterfront projects in the region.
With 666 units sold in just over a month and nearly HK$6.5 billion in revenue, Euijeng II's performance demonstrates robust demand in Hong Kong's new residential market, particularly for three-bedroom family units in the Southwest Kowloon harbourfront area. The project's success could influence future development strategies and pricing approaches for similar waterfront projects in the region.