Hong Kong homebuyers keep up robust demand as new launches draw brisk sales

South China Morning PostCenter-RightEN 1 min read 100% complete by Cheryl ArcibalJanuary 24, 2026 at 10:01 AM

AI Summary

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Hong Kong's residential property market experienced strong demand for new launches over the weekend, potentially leading to a five-month high in primary market transactions for January. On Saturday, Wheelock Properties and MTR Corp's Park Seasons project in Tseung Kwan O sold approximately two-thirds of its 108 units released. K. Wah International's Kabitat Tin Hau project sold all 60 units on Friday, following the success of Sun Hung Kai Properties’ Sierra Sea, which has sold out three batches this month. Agents anticipate around 2,000 transactions for January, driven by robust activity and attractive pricing, with units at Park Seasons ranging from HK$5 million to HK$10.61 million.

Key Entities & Roles

Key Player Opposition Context

Tin Hau 50% New Territories 50% Shap Sze Heung 50% Sai Kung 50% Ma On Shan 50% Louis Chan Wing-kit 60% Tseung Kwan O 60% K. Wah International 60% Sun Hung Kai Properties 60% MTR Corp 70% Wheelock Properties 70% Hong Kong ×290%

Keywords

new residential launches 90% hong kong homebuyers 90% robust demand 80% property market 70% real estate transactions 70% apartment sales 60% kabitat tin hau 50% sierra sea 50% park seasons 50% housing market 40%

Sentiment Analysis

Positive

Score: 0.40

Source Transparency

Source

South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

Hong Kong

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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new residential launches hong kong homebuyers robust demand property market real estate transactions apartment sales kabitat tin hau sierra sea park seasons housing market

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