Sha Tin UNI Residence Completed Units Launch Strong Sales with Record Price Per Sq Ft
AM730 · 3 SOURCESabout 3 hours ago5 MIN
Summary
The UNI Residence completed units launch in Sha Tin, jointly developed by Tai Sang Bank Land (永泰地產, stock code 369) and Vanke Hong Kong (萬科香港), has generated strong buyer interest over the weekend. The project, located at Hin Wan Lane in the heart of Sha Tin, moved 13 units across three consecutive days (September 4-6, 2026), generating total proceeds of HK$90.157 million. The exceptional market response underscores the continued demand for well-located small-to-medium sized apartments in Hong Kong's New Territories.
Key Points
- The development sold 13 units from Friday to Sunday, with usable areas ranging from 291 to 394 square feet, comprising one-bedroom and two-bedroom configurations
- Transaction values ranged from HK$5.906 million to HK$8.498 million, translating to price per square foot of HK$19,753 to HK$21,857
- Unit 30/F set a new project record at approximately HK$21,857 per square foot, marking the highest price-per-square-foot transaction for the development
- The project enjoys prime location advantages, being in close proximity to both Hin Keng and Tai Wai MTR stations, providing convenient access to the "20-minute university circle"
- UNI Residence comprises 240 units in total, with usable areas spanning 286 to 636 square feet, offering a mix from studio to four-bedroom layouts
Why It Matters
The strong sales performance of UNI Residence reflects persistent demand for strategically located compact apartments in the New Territories, where proximity to MTR infrastructure remains a key driver for homebuyers and investors alike. The achievement of a record price per square foot demonstrates buyer confidence in the Sha Tin property market, even as the broader Hong Kong residential sector navigates ongoing market adjustments. This success story also highlights the competitive dynamics among major developers like Tai Sang Bank Land and Vanke Hong Kong in capturing the essential-first-home-buyer segment.
The strong sales performance of UNI Residence reflects persistent demand for strategically located compact apartments in the New Territories, where proximity to MTR infrastructure remains a key driver for homebuyers and investors alike. The achievement of a record price per square foot demonstrates buyer confidence in the Sha Tin property market, even as the broader Hong Kong residential sector navigates ongoing market adjustments. This success story also highlights the competitive dynamics among major developers like Tai Sang Bank Land and Vanke Hong Kong in capturing the essential-first-home-buyer segment.