business · SingTao

Ocean Wings II Sells 5 Units in Single Day, Over HK$53.57 Million in Deals

about 2 hours ago2 MIN
Ocean Wings II Sells 5 Units in Single Day, Over HK$53.57 Million in Deals

Summary

The Ocean Wings residential development series at Lohas Park in Tseung Kwan O achieved strong sales momentum on August 31, with five units sold in a single day totalling over HK$53.57 million. The premium unit was a 628-sq-ft three-bedroom apartment with an open kitchen layout and panoramic sea views, sold for HK$12.545 million at HK$19,976 per sq ft. The Ocean Wings series as a whole recorded 144 unit sales in August, generating more than HK$1.16 billion for the month. Since its launch, the project has sold 1,125 units cumulatively, amassing over HK$9.7 billion in total revenue.

Key Points

  • Five units at the Ocean Wings II development were sold on August 31, generating over HK$53.57 million in a single day
  • The highest price-per-sq-ft unit was Tower 3B, 35/F Unit B, a 628-sq-ft three-bedroom apartment with panoramic sea views sold for HK$12.545 million
  • The Ocean Wings series is a joint venture by Sino Land, K. Wah International, Kerry Properties, China Merchants Land, and MTR Corporation
  • August sales reached 144 units with monthly revenue exceeding HK$1.16 billion
  • Cumulative sales stand at 1,125 units with total revenue surpassing HK$9.7 billion

Why It Matters

The robust sales performance demonstrates sustained buyer appetite for large-scale MTR-linked residential projects in the New Territories, with the Ocean Wings series maintaining its position as one of the most successful developments in Lohas Park's final phase .
The robust sales performance demonstrates sustained buyer appetite for large-scale MTR-linked residential projects in the New Territories, with the Ocean Wings series maintaining its position as one of the most successful developments in Lohas Park's final phase .

READ IT IN THE APP

Download on the App Store