In the fourth quarter of this year so far, over 2,200 units have been sold, representing a growth of approximately 4.8% from the third quarter. In terms of sales amount, the fourth quarter has reached about HKD 21.5 billion, an increase of around 8% from the third quarter. These figures indicate that the real estate market remains highly active, with strong demand from buyers for high-quality units.

According to the latest data, New World Development's YOHO WEST project, launched grandly in the Tuen Mun area, has sparked a new round of buying frenzy with exceptional prices, driving a strong rebound in overall December new home sales. When the project was first introduced to the market, it achieved tremendous success by offering prices 20% lower than nearby similar developments, with an average price per square foot of only HKD 10,888 for the initial units. This ultra-low price immediately generated enthusiastic responses, attracting over 18,400 prospective buyers in the first round of sales, setting a record for the highest number in the New Territories for the entire year.

YOHO WEST has consistently performed well in multiple sales events, selling over 1,000 units in less than 20 days, demonstrating its unparalleled appeal. As of yesterday, YOHO WEST has successfully sold 1,080 units, making it one of the most popular new developments this month. At the same time, this has helped New World Development secure the title of both the best-selling and highest-grossing property developer of the month, with a total of nearly 1,100 units sold and a cash amount of HKD 6.3 billion.

The YOHO WEST project's sales activities have frozen a significant amount of purchasing power in the market, overshadowing the sales of other new developments. However, China Overseas Land & Investment's Mount Regency Phase 1 project still performed well, selling 21 units this month.

Among them, the two units sold yesterday include Unit C on the 2nd floor of Block 2B (459 square feet, 2 rooms), sold at approximately HKD 20,000 per square foot, with a total price of HKD 9.186 million; and Unit B on the 5th floor (329 square feet, 1 room), sold at approximately HKD 20,500 per square foot, with a total price of HKD 6.749 million. The project has sold approximately 680 units so far, with a total cash amount of over HKD 8 billion.

In addition, Sun Hung Kai Properties' OMA by the Sea project in Tuen Mun, with the tender sale of Unit A1 on the 10th floor (942 square feet), was sold for HKD 12.4 million, approximately HKD 13,163 per square foot, indicating strong market demand for high-quality units. The project has sold five units continuously this month, with a total cash amount exceeding HKD 550 million.