--- title: "\"Port House\" Emperor the MVP sold out all 50 units over the past weekend, and the transaction volume of the top ten estates stabilized" type: "News" locale: "en" url: "https://longbridge.com/en/news/259240000.md" description: "Driven by interest rate cuts and favorable policies, the atmosphere in Hong Kong's property market continues to improve. The MVP project by Emperor International sold all 50 units in its first round, cashing out over HKD 570 million, with cumulative sales reaching 110 units and nearly HKD 2.2 billion in cash. Other projects such as Sunrise Kowloon Kai Pak Fung and Wong Chuk Hang Hoi Chan also performed well, and the secondary market is equally active, with the top ten housing estates achieving a new high in transactions over seven weekends. The market's purchasing power is strong, and owners are adopting a stronger pricing attitude, with expectations that property prices will continue to be supported" datetime: "2025-09-29T00:56:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259240000.md) - [en](https://longbridge.com/en/news/259240000.md) - [zh-HK](https://longbridge.com/zh-HK/news/259240000.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/259240000.md) | [繁體中文](https://longbridge.com/zh-HK/news/259240000.md) # "Port House" Emperor the MVP sold out all 50 units over the past weekend, and the transaction volume of the top ten estates stabilized Under the influence of interest rate cuts and favorable policies, the atmosphere in the property market continues to improve. Last weekend, the sales of new properties in Hong Kong were ideal. The MVP project in Mid-Levels West, under Emperor International, sold all 50 units in its first round on Saturday (27th) and the remaining units of the series at Sun Hung Kai's The Peak, Wong Chuk Hang's The Morning, and Hung Hom's The Haddon were also taken up. The MVP in Mid-Levels West was sold in a price list format, with actual selling prices ranging from HKD 8.848 million to HKD 18.958 million, all sold within five hours, totaling over HKD 570 million in cash. Including the earlier tender sale of 60 units, a total of 110 units have been sold, accounting for 94% of the entire project, with total cash of nearly HKD 2.2 billion. Yang Zhenglong, Vice Chairman of Emperor International Group, revealed that the remaining 7 units will be launched through tender, believing there is room for price increases. The Sun Hung Kai's The Peak, developed in collaboration with MTR Corporation (00066.HK), Sino Land (00683.HK), K Wah International (00173.HK), and China Merchants Land (00978.HK), sold 7 units last weekend, involving over HKD 41.8 million. After the re-launch of the completed units, a total of 879 units have been sold, with the entire project accumulating sales of 1,724 units and total sales amount exceeding HKD 12.9 billion. Meanwhile, New World Development (00017.HK), Empire Group, Capital Strategy (00497.HK), Lai Sun Development (00488.HK), and MTR's Wong Chuk Hang's The Morning series also sold 5 units last weekend, cashing in over HKD 65 million. Transaction records show that Henderson Land (00012.HK) sold 5 units at The Haddon in Hung Hom on Saturday, involving HKD 25.803 million. The secondary market is also active. According to Midland Realty's branch statistics, the top ten indicator estates recorded 14 transactions last weekend, up about 16.7% week-on-week, reaching a seven-week high and maintaining double digits for four consecutive weekends. Midland Realty's Residential Department CEO, Bu Shaoming, stated that market purchasing power is strong, many citizens have regained confidence in entering the market, and owners' asking prices have also strengthened. It is expected that secondary market transactions will continue to perform well, with property prices remaining supported. Centaline Property's top ten estates recorded 14 transactions last weekend, up 27.3% week-on-week, stabilizing at double-digit levels for three consecutive weeks, reaching a twelve-week high. Centaline Property's Asia Pacific Vice Chairman and Residential Department President, Chen Yongjie, stated that benefiting from both interest rate cuts and favorable policy reports, along with clear weather this weekend, both primary and secondary markets are active, reflecting increased buyer confidence. Both end-users and investors are actively entering the market, estimating over 130 transactions in the primary market last weekend. With the overall recovery of the property market, it is believed that the fourth quarter will see both price and volume rise ### Related Stocks - [EMPEROR INT'L (00163.HK)](https://longbridge.com/en/quote/00163.HK.md) ## Related News & Research - [Why Nvidia And Tesla Are Suddenly Knocking On Samsung's Door](https://longbridge.com/en/news/280999748.md) - [MINISO Extends Hong Kong Share Buybacks as 2025 Results Filed](https://longbridge.com/en/news/281398103.md) - [Starfighters Space Delays Annual 10-K Filing](https://longbridge.com/en/news/281397627.md) - [Nomura Upgrades Angelalign Technology to Buy From Neutral, Adjusts Price Target to HK$79.89 From HK$66.71](https://longbridge.com/en/news/281138646.md) - [The reality of restarting North Sea oil drilling](https://longbridge.com/en/news/281285844.md)