Hong Kong's Yuen Long Chiu Yu development launches second‑round unit sales

New World Development’s Yuen Long Chiu Yu project in Hong Kong announced a second‑round sale on Saturday 25 May, offering 118 units (12 one‑bedroom and 106 two‑bedroom) from the existing price list. Prices start at HK$3.9875 million for the 290 sq ft units and peak at HK$5.555 million for a 404 sq ft two‑bedroom, with an average price of about HK$13,750 per sq ft.

In addition, 10 units will be sold by tender, including five three‑bedroom and five platform‑type units ranging from 249 to 568 sq ft. Earlier price‑list additions of 60 units earlier in the week brought the total sold to 139 units, generating roughly HK$7.4 billion in revenue. The development comprises 566 units across three towers, with two‑bedroom units making up over 80 % of the stock, and is scheduled for completion in May 2027.