SIERRA SEA Short-Term Trading Earned 1.5 Million in Less Than a Year

SighingCashier · 2026-03-24T07:35:42+00:00

Sierra Sea in Xisha Bay Phase 1A Building 3, Low-rise Unit E was sold for HK$6.228 million. The unit has a practical area of 443 sq ft with 2-bedroom design and sea views. The new buyer was attracted to the estate's modern facilities and beautiful sea views. The original owner made a profit of HK$1.506 million within less than 1 year of holding the property, with the property value appreciating by nearly 32%.

SighingCashier

2026-03-24 07:35:42

Abstract generation in progress

Sierra Sea Phase 1A, Block 3, Lower Floor, Unit E in Xisha Bay, with an usable area of approximately 443 sq ft, featuring a 2-bedroom layout and sea view. The original asking price was 6.33 million yuan. After negotiation, it was sold for 6.228 million yuan including the lease, with an effective price of about 14,059 yuan per square foot.

Ricacorp Properties stated that the new buyer is an investor looking for rental income, attracted by the brand-new development with modern facilities; plus, the unit offers beautiful sea views, reasonable pricing, and attractive rental returns, leading to the purchase decision.

It is understood that the original owner bought the unit in May 2025 for about 4.722 million yuan. Holding the property for less than a year, they resold it for a profit of 1.506 million yuan, with an appreciation of nearly 32% during that period.

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