--- title: "The three-bedroom unit at SIERRA SEA in Hong Kong was sold for HKD 9.98 million to a first-hand buyer, appreciating 11.4% after holding for ten months" type: "News" locale: "en" url: "https://longbridge.com/en/news/277877416.md" description: "Zhongyuan Real Estate stated that a unit in Xisha SIERRA SEA was sold for HKD 9.98 million, with the buyer being a first-time homebuyer. The unit has a usable area of 700 square feet, with an average price per square foot of HKD 14,257. The original owner held the property for ten months, having purchased it for HKD 8.96 million, now realizing a profit of HKD 1.02 million, with the unit appreciating by 11.4%" datetime: "2026-03-05T04:23:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277877416.md) - [en](https://longbridge.com/en/news/277877416.md) - [zh-HK](https://longbridge.com/zh-HK/news/277877416.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277877416.md) | [繁體中文](https://longbridge.com/zh-HK/news/277877416.md) # The three-bedroom unit at SIERRA SEA in Hong Kong was sold for HKD 9.98 million to a first-hand buyer, appreciating 11.4% after holding for ten months Zhongyuan Real Estate's senior branch manager Zhong Zhichong stated that after the New Year holiday, the overall trading atmosphere is strong. The recently recorded unit E of the 5th high-rise building in the West Sand SIERRA SEA, with a usable area of 700 square feet and a three-bedroom layout with a suite, is priced at approximately HKD 9.98 million. It was recently taken over with no negotiation, with an average price per usable square foot of HKD 14,257. It is understood that the new buyer is a first-time homebuyer who sees the high quality of the estate and the practical layout of the unit, thus taking over the unit for personal use. The original owner purchased the unit for approximately HKD 8.96 million in May 2025, holding it for about ten months, and made a profit of HKD 1.02 million upon transfer, with the unit appreciating by 11.4% during the holding period ### Related Stocks - [SHK PPT (00016.HK)](https://longbridge.com/en/quote/00016.HK.md) ## Related News & Research - [UOB Kay Hian Downgrades Sun Hung Kai Properties to Hold from Buy, Price Target is HK$143.80](https://longbridge.com/en/news/276707492.md) - [SHKP launches 350 Sierra Sea flats as Hong Kong property rebound gathers pace](https://longbridge.com/en/news/274417093.md) - [Polygon drops 11% – Can POL’s $0.90 demand zone stop more losses?](https://longbridge.com/en/news/277343868.md) - [11:01 ETHalifax Humane Society Opens Culler Pet Resource (CPR) Center](https://longbridge.com/en/news/277494184.md) - [11:01 ETRealTruck Releases Next Generation APEX and Ascend Truck Caps](https://longbridge.com/en/news/277650085.md)