One Victoria·Tian Hai Sells 2 Harbour-View Units for HK$68.96M
On.cc · 4 SOURCESabout 5 hours ago4 MIN
Summary
Sino Group (華懋集團) and MTR Corporation (港鐵公司, 0066.HK) jointly developed the One Victoria·Tian Hai project, the Phase IA of the One Victoria development at HOMANTIN Station. On November 4, 2026, the project sold two 3-bedroom units facing Victoria Harbour through tender, fetching a combined HK$68.96 million. Market sources indicate that both units were purchased by the same buyer, who was attracted by the project's location above a railway station, its traditional luxury residential positioning, and transportation advantages .
Key Points
- Both units sold on November 4 were in Tower 2A, Units 19A and 20A, with saleable area of 997 sq ft each, featuring 3-bedroom, 1-bathroom, plus storage layout
- Unit 19A sold for HK$33.699 million (HK$33,800 per sq ft); Unit 20A sold for HK$35.256 million (HK$35,362 per sq ft), totaling HK$68.955 million
- The buyer noted that projects combining traditional luxury location, railway connectivity, and Victoria Harbour views are rare in the market
- Only 2 remaining high-floor Victoria Harbour-view 3-bedroom units left for sale, at Tower 2A Units 21A and 25A
- Project accumulated sales reached 784 units (approximately 93% sold) with total sales exceeding HK$14 billion as of November 6
Why It Matters
This transaction demonstrates sustained demand for premium railway-adjacent properties with harbour views in Hong Kong's traditional luxury residential market. The rapid sales velocity—three units totaling over HK$103 million sold within three days—signal continued buyer confidence in strategic developments near MTR stations, potentially influencing future pricing strategies for similar luxury projects .
This transaction demonstrates sustained demand for premium railway-adjacent properties with harbour views in Hong Kong's traditional luxury residential market. The rapid sales velocity—three units totaling over HK$103 million sold within three days—signal continued buyer confidence in strategic developments near MTR stations, potentially influencing future pricing strategies for similar luxury projects .