Thursday, April 15, 2021
Martin Hennecke

Grande Monaco flat sales rake in $1.2b
Wheelock Properties has raked in about HK$1.2 billion after selling 89 out of 102 units on offer at its Grande Monaco project in Kai Tak. The developer released 38 units in the third price list of the project on Saturday, at an average price of HK$24,897 per sq ft after discounts. Wheelock will offer 68 units at Grande Monaco for sale on Wednesday. The 68 units, measuring between 446 square feet and 961 sq ft, are offered at HK$10.86 million to HK$24.25 million after discounts. Meanwhile, Centaline Property Agency recorded 21 secondary transactions at 10 blue-chip housing estates over the weekend, down by 43.2 percent from a week before. Three estates saw no transaction over the past weekend - Tai Koo Shing in Quarry Bay, Laguna City in Kwun Tong, and Caribbean Coast in Tung Chung.
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