The "Regal . Summit" project at 23 Lai Ping Road, Jau Doi Shan, developed in collaboration with Bailebo (00617.HK) and Regal Int'l (00078.HK), sold two subdivided units to the same buyer today (15th) through a bidding process. The units are the A and B units on the 5th floor of Block 5, both four-bedroom, two-bathroom layouts, with usable areas of 1,623 square feet and 1,612 square feet, priced at approximately 19,499 yuan and 18,402 yuan per square foot, respectively, making a total fill price of about 61.311 million yuan.

Director Wai Chan-sheng of Regal Property Agency stated that since the US Federal Reserve cut interest rates last week and the major banks in Hong Kong followed suit, the market atmosphere has continued to improve, with the project recording three transactions within about half a month, reflecting the confidence of luxury home buyers in the future market.