The Cullinan’s four-bedroom premium unit sold for HK$169 M, setting a new project record.

A major transaction has been recorded at the Kai Tak development: Sun Hung Kai Properties (00016)’s The Cullinan • Hai Phase 1 sold Unit A on the 22nd floor of Tower 1 via tender on Monday (21st). The unit has a gross floor area of 2,144 sq ft and is a four-bedroom, four-bathroom layout. It was purchased by Lian Same Vehicle Wei for over HK$169 M, equating to a price per square foot of approximately HK$79,073 — both the transaction price and the price per square foot setting new highs for standard units in the project.

The project has recorded transactions exceeding HK$100 Mfor three consecutive weeks. Two units of the same layout in Tower 1 remain available for sale. Since launching sales of completed units, the project has sold 48 units, raising over HK$3.3 billion.

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