This post was originally published on South China Morning Post.
Strong sales at Wheelock’s Monaco project bode well as hundreds queue for Hong Kong’s first new homes launch of 2021
The first major property launch of 2021 in Hong Kong set a promising bar for the year ahead, as hundreds of homebuyers jostled to snap up flats at Wheelock Properties’ new Monaco project in Kai Tak.Wheelock had collected over HK$900 million by selling more than half of the 145 units available as of 5pm on Sunday, just three hours after sales began, the developer’s spokeswoman said in a statement.Wheelock and property agents expected all the flats to be sold by the end of the day because of the…