SCMP, 18 October, Cheryl Arcibal: a sell-out weekend, more than 360 homes, two large projects. More launches are due in the days and weeks ahead. Wen Wei Po, 19 October: Saturday, the short Chongyang holiday. Yuexiu’s The Atlas in Yau Tong, 220. Sun Hung Kai’s Sierra Sea, phase 2C(2), Shap Sze Heung, 142. Together, 362, on the same day. The market, more than 460 new units then. The figures stand. The rest is pace, not a verdict.

Sierra Sea sits between Sai Kung and Ma On Shan. The vendor is Light Time, under SHKP. First day of sale, 17 October, at the ICC. HKEJ, carried by NOW: the 142 on the list, gone. Wen Wei Po: by about 13:30, all of them. One buyer, HK$30 million, four units, for rent. That night, price list 4. HKEJ: 124 homes, 84 two-bed, 40 three-bed, 418–679 sq ft saleable. Net prices, HK$5.4672 million to HK$9.8668 million. Per square foot, HK$12,714 to HK$15,821. An add-on at the old price, not a fresh cut, the paper says: different floors and orientations.

Wednesday, 21 October, the second round. 152 units. 128 on the list, 96 two-bed, 32 three-bed. 24 by tender. The cheapest on list 4: Emerald Avenue, tower 2, 3/F, flat J, 430 sq ft, two bedrooms, HK$5.467 million net, HK$12,714 per foot. The project site, updated 18 October, still holds the brochure and the lists. Estimated material date, 28 March 2028, with the contract’s reserve.

In Yau Tong, Li Ga of Yuexiu Hong Kong, to Wen Wei Po: the second round, 220 on the list, Saturday, all sold. In the week, three large three-bed sales. Phase 1, two weeks, 435 units, more than HK$2.55 billion. Saturday, 24 October, the third round: 132, including six terrace units, for the first time. List 4: 278–497 sq ft, HK$3.8901 million to HK$7.7801 million net, HK$13,038 to HK$16,769 per foot. The entry unit, tower 5, 3/F, E, 281 sq ft, one bedroom, 18 per cent maximum discount. The 10 October round, 200 units, is another wave. We do not mix them.

SCMP puts, in the same piece, the office. Swire Properties and Chinachem, 16 October, a statement: Sea View Building, Hoi Wan Building, Chinachem Exchange Square, a Grade A harbourfront tower in Taikoo Place. Combined site, about 35,000 sq ft. About 500,000 sq ft GFA, 27 storeys, a retail podium, basement parking. Subject to approvals. Ground-breaking, 2027. WilkinsonEyre. It sits in Swire’s HK$100 billion plan. It is not Sierra Sea. It is not The Atlas.

The street in July 2021, Tong Chong, is the office district. Not Saturday’s hall. Those who missed the list either return to the second-hand market or they do not. That remains after 21 and 24 October, not before.

Image: Yat Whams Chingml, Tong Chong Street, Taikoo Place, 9 July 2021, CC BY-SA 4.0, Wikimedia Commons. The office street, not Saturday’s sales hall.

Sources consulted: Hong Kong’s primary residential market sees wave of launches, successful sales — South China Morning Post; 油塘與西沙盤362伙即日沽清 齊齊加推 — Wen Wei Po.