New Project | Hai Ming Bay I Tender Sale of 12 Units, Buyers Increase Purchase by 4 Units for 47 Million

SighingCashier · 2026-03-25T11:15:53+00:00

Tseung Kwan O Sunrise Landmark Phase 13B Hoi Moon Bay I held a tender today and sold 12 units for a total amount close to HK$170 million. Among them, one major buyer purchased an additional 4 units for over HK$47 million, bringing their total to 12 sea-view units. The project has attracted numerous professionals and investors, with anticipated considerable rental returns. Since the tender opened, 92 units have been sold quickly, generating proceeds exceeding HK$1.32 billion.

SighingCashier

2026-03-25 11:15:53

Abstract generation in progress

Developed by Sino Land (00083), the Tseung Kwan O Sun Rise City Phase 13B Ha Wai Bay I was auctioned today with 12 units sold, involving nearly HKD 170 million. Major buyers added to their holdings, purchasing 4 more units for over HKD 47 million. Along with the 8 units previously bought, this buyer now owns a total of 12 sea-view units.

The highest transaction price and price per square foot today was for Unit A, 27th Floor, Block 2B, Ha Wai King Phase 2, with a usable area of 775 sq ft, sold for HKD 16.316 million, at a price of HKD 21,053 per sq ft.

Sino Land Executive Director Tin Siu-yuan said the project is located in the “International Elite Community,” attracting many professionals, teachers, and other skilled workers. Many investors expect substantial rental returns, so they are looking to hold long-term investments, which has also attracted many major buyers.

Since the auction last Friday, Ha Wai Bay I has quickly sold 92 units over six days, generating more than HKD 1.32 billion in cash.

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