The largest developer in Hong Kong sold out all units in its new development project within a few hours.

Attracting buyers with the lowest mortgage rates in over two years, Hong Kong's largest property developer, Sun Hung Kai Properties, sold out its new project in just a few hours. According to Midland Realty, all 160 units in the residential project Sierra Sea Phase 1B, located in Ma On Shan, have been fully subscribed.