In the fourth and final round of sales held yesterday, prospective buyers were enthusiastic, with long queues forming outside the sales office. The first round sold 42 units, and during the walk-in period, an additional 124 units were sold, resulting in a total of 166 units sold on that day.

According to data released by the developers, as of 9:00 PM yesterday, YOHO WEST in Tuen Mun had sold over 1,020 units, generating approximately HKD 5.5 billion in revenue.

Of the buyers, the majority are from Yuen Long and Tuen Mun, accounting for 35% of the total, followed by approximately 35% from other areas in the New Territories and Kowloon, with 20% respectively. Buyers from Hong Kong Island make up about 5%, and the remaining 5% are professionals and foreign buyers.

According to the latest data as of 10:30 PM yesterday, YOHO WEST sold a total of 166 units on the day, reaching a cumulative total of 1,058 units. This surpasses the sales volume of Cheung Kong's (Holdings) Oi Tung Estate in Yau Tong in August this year, with a sales rate of 76%, making it the hottest new property of the year.

Apart from YOHO WEST in Tuen Mun, other new housing projects also reported active transaction volumes. For example, Sun Hung Kai Properties' Cullinan West II recently sold a 3-bedroom unit with stunning Victoria Harbour views, covering an area of 784 square feet, at a transaction price of HKD 23.98 million, averaging HKD 30,590 per square foot.

Cullinan West II also sold a 2-bedroom unit on the 5th floor of Block C for HKD 11.316 million, with a practical area of 446 square feet and a unit price of HKD 25,372. Furthermore, Starfront in Fo Tan sold a 2-bedroom unit on the 46th floor of Block 5 for HKD 11.356 million, with an area of 552 square feet and a per-square-foot selling price of HKD 20,572.

It is evident that the property market in Hong Kong remains highly active, and the sales of new developments are booming. Despite recent fluctuations in the property market, high-quality property projects still hold great appeal for homebuyers. Additionally, with the Hong Kong SAR government implementing a series of measures to stabilize the property market, the market is expected to remain steady in the future.