HONG KONG, Dec 2 - Property developer Sun Hung Kai Properties Ltd <0016.HK> is confident of achieving its sales target of HK$26 billion for the 2010/11 fiscal year, despite measures from Hong Kong's government aimed at cooling the frothy market, a senior executive told reporters at a shareholder meeting on Thursday.

The company had recorded sales of HK$21 billion so far, said Eric Chow, executive director of Sun Hung Kai Real Estate Agency. (US$1=HK$7.75)