According to the General Manager of Kerry Properties Hong Kong, Tong Yau Chung, Tiway has been highly sought after by the super luxury property market since its launch. In January of this year, two top-floor residences of the project were transacted at record-breaking prices, laying the foundation for subsequent high-end luxury property transactions. The transaction of mansion B once again demonstrates the project's high-end charm and extraordinary appeal. Mansion B covers an area of 11,589 square feet, with 5 bedrooms, 5 en-suite bathrooms, 5 utility rooms, and a spacious 15,397 square feet private garden, as well as a garage with 2 parking spaces. The luxurious and comfortable living environment makes it a dream choice for investors seeking luxury homes.
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In addition to Mansion B, other units in the same project also achieved substantial high-value transactions. In January of this year, two duplex units in Block 1 were transacted for HK$619 million, with an average price per square foot of HK$72,119; subsequently, two top-floor special units in Block 2 were transacted for HK$636 million, with a price per square foot reaching HK$74,868. From the beginning of the year until now, Tiway has completed 6 high-value transactions, with transaction prices ranging from HK$225 million to HK$1 billion, with a total transaction value of HK$2.9 billion and an average price per square foot of approximately HK$69,752. Since the project's launch, a total of 11 luxury homes have been sold, with a total transaction value exceeding HK$4.1 billion and an average price per square foot of approximately HK$64,705, demonstrating the project's strong performance and attractiveness in the market.
Furthermore, The Estate - Seaview, a high-end luxury residential project launched by Sun Hung Kai Properties in Kai Tak, also achieved high-value transactions. Among them, a SKY MANOR unit with a special platform was transacted for nearly HK$149 million, with a selling price per square foot reaching as high as HK$67,946, once again setting a record for price per square foot in the Kai Tak area, highlighting the vibrancy and potential of Hong Kong's high-end real estate market.
These high-value transactions reflect the fervor of Hong Kong's high-end real estate market and the demand for top-tier properties among buyers. The demand for premium luxury homes from investors remains strong, and the scarcity and quality of these luxury homes make them the focus of investors' attention. Looking ahead, the continued prosperity and high-value transactions in the luxury residential market also reflect investors' confidence and expectations in Hong Kong's real estate market.
