--- title: "\"Sierra Sea\" recorded a total of 55 second-hand transactions this month, with a two-bedroom unit sold for HKD 6.28 million without negotiation, reflecting a 32% increase over nine months" description: "Chen Hongting from the Ma'anshan Tianyu Hai branch of Zhongyuan Real Estate stated that the Xisha SIERRA SEA recorded 55 second-hand transactions this month, with one unit sold at HKD 6.28 million wit" type: "news" locale: "en" url: "https://longbridge.com/en/news/276821685.md" published_at: "2026-02-25T02:55:08.000Z" --- # "Sierra Sea" recorded a total of 55 second-hand transactions this month, with a two-bedroom unit sold for HKD 6.28 million without negotiation, reflecting a 32% increase over nine months > Chen Hongting from the Ma'anshan Tianyu Hai branch of Zhongyuan Real Estate stated that the Xisha SIERRA SEA recorded 55 second-hand transactions this month, with one unit sold at HKD 6.28 million without negotiation, having a usable area of 433 square feet and an average price per square foot of HKD 14,503. The new buyer decided to live in the property as a family member purchased a unit in the same estate. The original owner bought the unit in 2025 for about HKD 4.76 million and made a profit of HKD 1.52 million after holding it for nine months, with the unit appreciating by 32% Chen Hongting, the regional sales manager of the Ma'anshan Tianyu Hai branch of Zhongyuan Real Estate, stated that there are many buyers for the West Sand SIERRA SEA, which has driven second-hand transactions. The estate recorded approximately 55 second-hand transactions this month. The latest recorded unit is Room B, Middle Floor, Block 3 of Phase 1A, with a usable area of 433 square feet, a two-bedroom layout, and an asking price of about HKD 6.28 million, which was recently sold without negotiation, with an average price per usable square foot of about HKD 14,503. Chen Hongting pointed out that new buyers saw that their family members had successfully purchased properties in the same estate earlier, and they found the estate's environment comfortable and of high quality. To live closer to their family, they decided to purchase a unit for self-occupation. It is understood that the original owner bought the unit for about HKD 4.76 million in May 2025 and held it for about nine months, making a profit of HKD 1.52 million upon transfer, with the unit appreciating by 32% 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) | | What a $20 Million Horse Race and the Stock Market Have in Common: The Emerging Market Derby of 2026 | What a $20 Million Horse Race and the Stock Market Have in Common: The Emerging Market Derby of 2026 | [Link](https://longbridge.com/en/news/276791297.md) | | These Are The World's 10 Deadliest Viruses | This article from ZeroHedge discusses the world's 10 deadliest viruses ranked by case fatality rate. Rabies leads with a | [Link](https://longbridge.com/en/news/276699242.md) | | Hong Kong fire victims to keep receiving HK$150,000 annual aid until rehoused | Hong Kong authorities will continue providing an annual rental subsidy of HK$150,000 to victims of the Tai Po blaze unti | [Link](https://longbridge.com/en/news/276569142.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.