2025-06-11 28Hse Editor
On June 10, the developers of Deep Water Pavilia Phase 5A in Wong Chuk Hang, a joint project by New World Development (0017), Emperor Group, CSI Properties (0497), Lai Sun Development (0488), and MTR Corporation (0066), announced the first price list for 138 units set to be sold this Saturday. The units range from two-bedroom to four-bedroom layouts, with a discounted average price of HK$21,028 per square foot.
The starting price for the project is HK$8.503 million, with discounted per-square-foot prices starting at HK$18,688. In addition, 19 units will be offered via tender on the same day. According to the developer, around 2,500 registrations have been received since sign-ups began last week, representing an oversubscription of 17 times based on the 138 units available in the first round of sales.
The first batch of 138 units includes two-to-four-bedroom layouts, with usable areas ranging from 455 to 1,261 square feet. Prices range from HK$10.629 million to HK$46.559 million, with discounted prices between HK$8.503 million and HK$37.247 million. The discounted per-square-foot prices range from HK$18,688 to HK$29,538.
Additionally, 19 units will be offered via tender on the same day. This includes nine two-bedroom specialty units with terraces, two three-bedroom units, and eight four-bedroom units.
On the day of the first round of sales, buyers will be divided into four groups: X, S, A, and B. Buyers in Group X, who are nominated through the tender process, will have priority in selecting units. Group S buyers must purchase at least two designated units or any three units, with a maximum allowance of eight units per buyer.
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