The first launch of new homes at a project in Tuen Mun, Hong Kong started slow during the Lunar New Year Holiday, the South China Morning Post reported Saturday.
About one-fifth, or 27 out of 133 units on offer at The Reserve at Gold Coast Bay were sold as of Saturday evening, the report said.
Sales are "in line with expectations" as many people are traveling during the holidays, the report said, citing Sammy Po Siu-ming, the chief executive officer of Midland Realty's residential division.
After the holiday, sales are seen to rebound with more people resuming property searches, the SCMP said, citing Po.
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