A luxury four-bedroom unit in The Cullinan, a high-end residential development above Kowloon Station, was recently sold for HK$232 million, setting a new record for Kowloon’s residential property price per square foot at HK$129,000.
Unit C, located on the 91st floor of Diamond Sky, has a usable area of 1,798 square feet, a 591-square-foot terrace, and comes with one car parking space. This transaction marks a significant 27% increase in price per square foot compared to the previous record set in 2023, when a 1,545-square-foot penthouse in the same development sold for HK$157 million, at HK$101,500 per square foot.
Despite being completed in 2007 and now 18 years old, The Cullinan continues to achieve record-breaking sales, underscoring its premium location and enduring appeal. Developer Sun Hung Kai Properties still retains a small inventory of unsold units in the development.
This sale further highlights the robust demand for luxury real estate in Hong Kong, particularly in landmark developments like The Cullinan.
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