--- title: "\"Sierra Sea\" in West Sa, three-bedroom, sold for 7.28 million, with a paper profit of 1.58 million after holding for nine months" description: "Zhongyuan Real Estate stated that the latest transaction for the West Sand SIERRA SEA recorded a low-rise A unit in Phase 1B, with a usable area of 523 square feet, a three-bedroom layout, sold for HK" type: "news" locale: "en" url: "https://longbridge.com/en/news/276575399.md" published_at: "2026-02-23T07:54:13.000Z" --- # "Sierra Sea" in West Sa, three-bedroom, sold for 7.28 million, with a paper profit of 1.58 million after holding for nine months > Zhongyuan Real Estate stated that the latest transaction for the West Sand SIERRA SEA recorded a low-rise A unit in Phase 1B, with a usable area of 523 square feet, a three-bedroom layout, sold for HKD 7.28 million after negotiation, with an average price per usable square foot of approximately HKD 13,920. The new buyer is a first-time homebuyer, purchasing the unit for self-occupation. It is understood that the original owner purchased the unit for approximately HKD 5.7 million in May 2025, holding it for about 9 months, realizing a profit of HKD 1.58 million upon transfer, with the unit appreciating 28% during the holding period Zhongyuan Real Estate stated that the latest record for Xisha SIERRA SEA is a low-rise A unit in Phase 1B, with a usable area of 523 square feet, a three-bedroom layout, sold for HKD 7.28 million after negotiation, with an average price per usable square foot of approximately HKD 13,920. The new buyer is a first-time homebuyer, purchasing the unit for self-occupation. It is understood that the original owner bought the unit for about HKD 5.7 million in May 2025, holding it for about 9 months, realizing a profit of HKD 1.58 million upon transfer, with the unit appreciating 28% during the holding period ### Related Stocks - [00016.HK - SHK PPT](https://longbridge.com/en/quote/00016.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | UOB Kay Hian Downgrades Sun Hung Kai Properties to Hold from Buy, Price Target is HK$143.80 | UOB Kay Hian Downgrades Sun Hung Kai Properties to Hold from Buy, Price Target is HK$143.80 | [Link](https://longbridge.com/en/news/276707492.md) | | SHKP launches 350 Sierra Sea flats as Hong Kong property rebound gathers pace | Sun Hung Kai Properties (SHKP) has launched 350 units in its Sierra Sea project, following strong sales in January, indi | [Link](https://longbridge.com/en/news/274417093.md) | | Altallo Asset Management in option to buy 158 Cecil Street for S$175 million | [SINGAPORE] An entity linked to Altallo Asset Management has entered into a put and call option agreement for the purcha | [Link](https://longbridge.com/en/news/276721678.md) | | Generate income with this fund powered by the energy revolution | The managers are happy to invest in conventional energy companies. But alongside these are investments in mining compani | [Link](https://longbridge.com/en/news/276520678.md) | | 'I spend $7,500 a month': I'm 47, earn $260K, and have $3 million. Can I retire at 50? | A 47-year-old man earning $260,000 annually, with $3 million in assets, is considering retiring at 50. He owns a $520,00 | [Link](https://longbridge.com/en/news/276721141.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.