West Mid-Levels Super-Luxury Project Records 14 Units Sold in September, Exceeding HK$1.96 Billion
SingTao · 2 SOURCESabout 4 hours ago2 MIN
Summary
Henderson Land and New World Development's Temple II super-luxury development in West Mid-Levels continues to dominate Hong Kong's ultra-high-end residential market, recording 14 transactions in September 2026 with combined sales exceeding HK$1.96 billion . The latest deal on September 23 saw the sale of Tower 1, 15/F, Flat B, a 2,773 sq ft four-bedroom, four-ensuite unit priced at HK$124.757 million or HK$44,990 per sq ft . The project's strong performance underscores robust demand for luxury residences in Hong Kong's most prestigious addresses.
Key Points
- The latest transaction on September 23 involved Tower 1, 15/F, Flat B, spanning 2,773 sq ft with a 4-bedroom, 4-ensuite layout, sold for HK$124.757 million (HK$44,990 psf)
- Temple II sold 14 units in September 2026, collectively generating over HK$1.96 billion in combined revenue
- Henderson Land Sales Division 1 Director and General Manager Lam Tat-man noted the project has surpassed HK$10.2 billion in cumulative sales since launch
- Within the past month, 19 transactions were recorded with a combined value of approximately HK$3.35 billion, averaging nearly HK$53,000 per sq ft
- On September 10, a single buyer purchased both Tower 1, 16/F Flats A and B for a combined HK$253 million, with settlement due by October next year
Why It Matters
The sustained momentum at Temple II signals continued confidence among ultra-high-net-worth buyers in Hong Kong's prime residential sector despite broader market uncertainties. With average transaction prices approaching HK$53,000 per sq ft, the project sets a new benchmark for West Mid-Levels luxury offerings and reinforces the resilience of Hong Kong's top-tier property market against economic headwinds.
The sustained momentum at Temple II signals continued confidence among ultra-high-net-worth buyers in Hong Kong's prime residential sector despite broader market uncertainties. With average transaction prices approaching HK$53,000 per sq ft, the project sets a new benchmark for West Mid-Levels luxury offerings and reinforces the resilience of Hong Kong's top-tier property market against economic headwinds.