Hong Kong developers sold out all 120 units at One Victoria Cove I by late afternoon on Tuesday, while Pavilia Farm III sold 19 of 45 units by 6:50 p.m. as demand for new flats stayed strong. [1]
NWD said it had generated more than HK$4.8 billion, or US$610 million, from selling 295 units at Pavilia Farm III in about 11 days. [1]
The brisk sales came after a busy start to 2026. Hong Kong recorded about 8,500 new home sales in the first four months of the year, including about 3,000 flats from completed projects in Kai Tak, Tseung Kwan O and Sai Sha. [1]
Norry Lee, senior director for projects strategy and consultancy at JLL, said the market had kept a steady pace in the early months of the year. “Sales of new homes in the first four months of 2026 reached about 8,500 units, of which around 3,000 flats came from completed projects, mainly in areas such as Kai Tak, Tseung Kwan O and Sai Sha,” he said. [1]
Developers are ramping up new construction in response to sustained housing demand in Hong Kong. [1]
