Sun Hung Kai Properties has sold 299 units at its Qian Yu residential project in Yuen Long within about two weeks of launch, generating over HK$1.6 billion in proceeds. Nearly 90 per cent of the price-list units have been sold. Over the past weekend, 40 transactions raised more than HK$220 million, including purchases by two bulk buyers. The project also recorded five tender transactions, with the top price reaching HK$19,630 per sq ft.