STOCKS | China Resources Land's THE STERLING Phase I Sells Remaining 136 Units

China Resources Land's Southwest Kowloon project THE STERLING will launch the remaining 136 units in Phase I on Saturday, according to ETNet. Of the units, 101 will be sold at listed prices and 35 by tender. The sale includes 42 one-bedroom units, 38 two-bedroom units and 21 three-bedroom units. The units range from 307 to 680 square feet in saleable area, with discounted prices from HK$5.539 million to HK$14.04 million and discounted prices per square foot from HK$17,789 to HK$22,777. The average discounted price per square foot is HK$19,661. The lowest-priced unit is Flat D on the 5th floor of Tower 3(3B), a one-bedroom unit with a saleable area of 308 square feet, priced at HK$5.539 million after discounts, or HK$17,984 per square foot.