business · Thestandard

One Victoria Cove Phase 4 Releases 35 Units in Fourth Price List

about 2 hours ago1 MIN
One Victoria Cove Phase 4 Releases 35 Units in Fourth Price List

Summary

One Victoria Cove in Hung Hom has launched its fourth price list for Phase 4, offering 35 two-bedroom units at discounted prices ranging from HK$6.78 million to HK$10.09 million. The residential project, co-developed by Henderson Land, Hysan Development, and Empire Group, has recorded robust sales with 702 units sold to date, generating HK$5.95 billion in revenue .

Key Points

  • Phase 4 of One Victoria Cove releases fourth price list with 35 two-bedroom units in Hung Hom
  • Discounted unit prices range from HK$6.78 million to HK$10.09 million per unit
  • Price per square foot ranges from HK$19,584 to HK$22,742 after applying discounts
  • Project co-developed by Henderson Land (stock code: 0012), Hysan Development (stock code: 0014), and Empire Group
  • Strong sales momentum with 702 units sold and total revenue of HK$5.95 billion

Why It Matters

The strong sales performance of One Victoria Cove, with nearly HK$6 billion in transactions, signals sustained demand for premium residential property in Hung Hom despite market headwinds. This launch provides fresh inventory to the competitive Kowloon property market, potentially influencing pricing strategies of nearby developments.
The strong sales performance of One Victoria Cove, with nearly HK$6 billion in transactions, signals sustained demand for premium residential property in Hung Hom despite market headwinds. This launch provides fresh inventory to the competitive Kowloon property market, potentially influencing pricing strategies of nearby developments.

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