Sierra Sea 2-bedroom property sold for 6.93 million yuan in Sai Sha Wan, ranking second in terms of profit margin for the estate

The latest news shows that a group of 2-bedroom units in Phase 1A of the estate have recently been successfully sold for 6.93 million yuan. After only about 10 months of ownership, the original owner made a profit of 1.984 million yuan, with a profit margin of up to 40%, setting the second highest profit margin in the history of the estate and confirming the strong value preservation and appreciation ability of the project.

As a popular project under Sun Hung Kai Properties, Sierra Sea has sparked a market buying frenzy since the release of Phase 1A in April 2025. The first round of sales received over 37000 votes, with oversubscription reaching 116 times, making it the "ticket king" of the Hong Kong real estate market that year, and its market popularity is evident. The recorded profit case further highlights the market recognition of the project and reflects the real estate value of the Xishawan sector. It is reported that the transaction unit is the Phase 1A property of the housing estate, which belongs to the core unit type promoted for sale in the early stage of the project. With a reasonable spatial layout and the advantage of supporting the area, it has become a popular choice in the second-hand market. Finally, the transaction was successfully completed at a price of 6.93 million yuan, which is in line with the current market situation of the secondary market in the area.

From the perspective of profit details, the original owner of the unit purchased the property for about 4.946 million yuan, and sold it for 6.93 million yuan after only 10 months. In just 10 months, the book profit was 1.984 million yuan, with a profit margin of 40%. This profit margin ranks second in the historical transactions of Sierra Sea Estate and is very outstanding. Industry insiders analyze that the significant profit in this transaction is partly due to Sierra Sea's own project advantages - as a high-quality residential building created by Sun Hung Kai, the project has become a "hard currency" in the second-hand market with solid building quality and complete community facilities; On the other hand, it cannot be separated from the overall recovery of the Hong Kong property market. Since 2026, the "early spring" market of the Hong Kong property market has become prominent, the activity of second-hand trading has increased, and the value of high-quality projects has been further highlighted, providing favorable conditions for homeowners to achieve rapid profits.

It is worth noting that the continued prosperity of second-hand trading in Sierra Sea is not an isolated case. As a benchmark project in the Sai Sha Wan area of Hong Kong, this housing estate has long been favored by homebuyers due to the brand endorsement of Sun Hung Kai, superior location conditions, and the project's own product strength. In addition, with the overall recovery of the Hong Kong real estate market in 2026, banks will offer mortgage discounts and reduce property costs, further stimulating the trading vitality of the second-hand market, leading to a continuous increase in second-hand transactions for high-quality projects such as Sierra Sea, and a gradual increase in similar profitable cases.