By noon, 72 of the 168 units had been sold, according to agents. Another 86 flats have been made available via tender.
The flats via the regular sale were priced between HK$5.93 million (US$756,000) and HK$8.99 million, including maximum discounts of 15 per cent. They were priced 1 per cent higher than those in the previous batch a week ago.
Flats in the new batch have a saleable area of between 360 sq ft and 558 sq ft and with layouts of one to two bedrooms.
The brisk sales come amid fresh warnings of a potential increase in US interest rates as oil supplies remain restricted amid the ongoing US-Israel war against Iran.
Overnight, US President Donald Trump warned of dire consequences for Tehran if the crucial Strait of Hormuz remained closed, where about a fifth of the world’s oil supply passed through before the conflict began.
While the US Federal Reserve kept its target rate unchanged in its last meeting, a persistent increase in oil prices has added uncertainty to the outlook.
