Hong Kong homebuyers snap up latest flats at Sierra Sea as SHKP set for another sell out

South China Morning PostCenter-RightEN 1 min read 100% complete by Cheryl ArcibalJanuary 21, 2026 at 11:02 AM

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Sun Hung Kai Properties (SHKP) is nearing a sell-out of its latest units at the Sierra Sea project in Hong Kong's New Territories. As of Wednesday afternoon, 206 out of 218 units released were sold. This represents a significant portion of the 9,700 units available in the overall project, which is the city's largest residential development in two and a half decades. The Sierra Sea project, part of SHKP’s Sai Sha development in Shap Sze Heung, is attracting buyers due to the city's recovering property market and on-site sports amenities catering to a health-conscious demographic. Midland Realty identified the successful launch of Sierra Sea Phase 2A as driven by key factors in Hong Kong's recovering property market.

Key Entities & Roles

Key Player Opposition Context

Shap Sze Heung 40% Midland Realty 40% Ma On Shan 40% Sai Kung 40% Sai Sha 50% New Territories 60% Hong Kong ×280% Sierra Sea ×485% Sun Hung Kai Properties (SHKP) ×390%

Keywords

sierra sea 90% hong kong property market 90% sun hung kai properties 80% sell out 70% residential project 70% homebuyers 70% new territories 60% property agents 50% sports amenities 50%