Mount Victoria Sells Four Units in Single Day, Three-Bedroom Sets Dual Record at HK$43.94M
AM730 · 1 SOURCESabout 2 hours ago5 MIN
Summary
The Mount Victoria (海盈山) development at Wong Chuk Hang Station on Hong Kong Island South achieved remarkable sales results on March 21, 2025, when four sea-view units were sold via tender for approximately HK$200 million . Among the transactions, a three-bedroom suite on the 35th floor of Tower 1B fetched HK$43.935 million at HK$45,766 per square foot, setting new price and per-square-foot records for similar units in the project . The developer also revealed that a four-bedroom high-floor unit had previously sold at over HK$51,000 per square foot, marking the highest price and psf for four-bedroom units in the development . Phase 4B has sold 93 units in just three months since its May launch, with cumulative transaction amounts exceeding HK$3.1 billion .
Key Points
- On March 21, the Mount Victoria project sold four units including three three-bedroom suites and one four-bedroom double-suite unit with private elevator lobby, totaling approximately HK$200 million .
- Tower 1B, 35th Floor, Unit A spans 960 sq ft with a three-bedroom one-ensuite layout, sold for HK$43.935 million at HK$45,766 per sq ft, setting dual records for the project's three-bedroom units .
- A four-bedroom high-floor unit sold earlier at over HK$51,000 per sq ft, breaking records for four-bedroom transactions, meaning both unit types recently achieved record prices .
- Within 8 days, six units sold via tender generated over HK$300 million; Phase 4B sold 93 units in three months with total sales exceeding HK$3.1 billion .
- Phase 4B offers 368 units: standard units range 484-1,517 sq ft (two to four bedrooms), with 15 special units spanning 446-2,291 sq ft .
Why It Matters
The dual record-breaking sales demonstrate sustained demand for premium luxury units in Hong Kong's Island South district, where limited supply of large-format units with panoramic views continues to attract high-net-worth buyers . The project's strong performance, backed by four major developers including MTR Corporation, underscores the investment appeal of MTR-linked developments in strategically located areas with improving transportation connectivity .
The dual record-breaking sales demonstrate sustained demand for premium luxury units in Hong Kong's Island South district, where limited supply of large-format units with panoramic views continues to attract high-net-worth buyers . The project's strong performance, backed by four major developers including MTR Corporation, underscores the investment appeal of MTR-linked developments in strategically located areas with improving transportation connectivity .