Market Chatter: Sun Hung Kai Properties Sells More Apartments Amid Property Rush

MT Newswires Live10-14

Sun Hung Kai Properties' (HKG:0016) Cullinan Sky property saw 232 of its 238 apartments sold on Saturday, the South China Morning Post reported the same day.

About 40% of those who bought properties at the site in West Kowloon are from mainland China, the SCMP said.

The units have floor areas of up to 655 square feet and are priced up to $14.1 million, the report said.

Lower interest rates and better stock market performances contributed to the brisk sales, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $85.10, Change: $+0.50, Percent Change: +0.59%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2475335663?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-14 15:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2475335663","market":"nz","top_or_hot":-1,"title":"Market Chatter: Sun Hung Kai Properties Sells More Apartments Amid Property Rush","media":"MT Newswires Live","content":"<html><body><p> Sun Hung Kai Properties' (HKG:0016) Cullinan Sky property saw 232 of its 238 apartments sold on Saturday, the South China Morning Post reported the same day.</p><p>About 40% of those who bought properties at the site in West Kowloon are from mainland China, the SCMP said.</p><p>The units have floor areas of up to 655 square feet and are priced up to $14.1 million, the report said.</p><p>Lower interest rates and better stock market performances contributed to the brisk sales, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (HKD): $85.10, Change: $+0.50, Percent Change: +0.59%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Sun Hung Kai Properties Sells More Apartments Amid Property Rush</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Sun Hung Kai Properties Sells More Apartments Amid Property Rush\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-14 15:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sun Hung Kai Properties' (HKG:0016) Cullinan Sky property saw 232 of its 238 apartments sold on Saturday, the South China Morning Post reported the same day.About 40% of those who bought properties at...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2475335663","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475335663","pubTimestamp":1728889484,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Sun Hung Kai Properties'  Cullinan Sky property saw 232 of its 238 apartments sold on Saturday, the South China Morning Post reported the same day.About 40% of those who bought properties at the site in West Kowloon are from mainland China, the SCMP said.The units have floor areas of up to 655 square feet and are priced up to $14.1 million, the report said.Lower interest rates and better stock market performances contributed to the brisk sales, the report said.Price : $85.10, Change: $+0.50, Percent Change: +0.59%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"80016":"新鸿基地产-R","CFA.SI":"NikkoAM-STC Asia REIT","LU0315179316.USD":"EASTSPRING INVESTMENTS ASIAN DYNAMIC \"A\" (USD) ACC","LU1316543674.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A3 SGD","LU2088747998.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC","BK1559":"蓝筹地产股","00016":"新鸿基地产","BK4588":"碎股","BK4526":"热门中概股","03145":"华夏亚洲高息股","LU2226123227.USD":"Janus Henderson Horizon Asia-Pacific Property Income A5m USD","HKD":"尚乘数科","LU2088747725.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"A\" (USD) ACC","SG9999010078.USD":"UNITED ASIA PACIFIC REAL ESTATE INCOME (USDHDG) INC","LU2226123490.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","BK1216":"多样化房地产活动","LU0229494975.USD":"骏利亨德森亚太地产股票基金","BK1521":"挪威政府全球养老基金持仓","03121":"华夏亚太房地产","IE00B1G9TL16.USD":"FIRST SENTIER ASIAN PROPERTY SECURITIES \"I\" (USD) ACC","LU2088748293.HKD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"AHD\" (HKD) INC","BK1601":"香港本地股","SG9999002463.SGD":"LionGlobal China Growth SGD","IE00BSPPW651.USD":"NEUBERGER BERMAN GLOBAL REAL ESTATE SECURITIES \"A\" (USD) ACC","LU2088748020.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC A","SUHJY":"新鸿基地产ADR","SG9999010052.SGD":"United Asia Pacific Real Estate Income Dis SGD","BK4023":"应用软件","IE00B1G9TM23.USD":"FIRST SENTIER ASIAN PROPERTY SECURITIES \"I\" (USD) INC","BK4585":"ETF&股票定投概念","LU2088748376.SGD":"Eastspring Investments - Asia Real Estate Multi Asset Income Cl ASDM SGD-H","SG9999009997.SGD":"United Asia Pacific Real Estate Income Acc SGD"},"translate_title":"市场热议：新鸿基地产在房地产热潮中出售更多公寓","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80016":0.6,"HKD":1,"CFA.SI":1,"00016":0.9,"SUHJY":0.6,"03145":0.6,"03121":0.6},"content_text":"Sun Hung Kai Properties' (HKG:0016) Cullinan Sky property saw 232 of its 238 apartments sold on Saturday, the South China Morning Post reported the same day.About 40% of those who bought properties at the site in West Kowloon are from mainland China, the SCMP said.The units have floor areas of up to 655 square feet and are priced up to $14.1 million, the report said.Lower interest rates and better stock market performances contributed to the brisk sales, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price (HKD): $85.10, Change: $+0.50, Percent Change: +0.59%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2475335663"}