Property News · July 5, 2025

SHKP Tuen Mun project sells out, signalling rebound in property market


All 160 units of a new residential project by Sun Hung Kai Properties (SHKP) in Tuen Mun sold out on Saturday, buoyed by a recovering stock market and low interest rates, a sign that Hong Kong’s property market may be seeing a sustained rebound, according to analysts.
The first round of sales for Novo Land Phase 3A offered 160 units at listed prices, with an additional five units available by tender. Prices started at under HK$3 million (US$382,173) for a three-bedroom flat. All available units…

Source : South China Morning Post
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