Pavilia Rosa to Launch Final Three One-Bedroom Units Next Monday
Thestandard · 1 SOURCESabout 2 hours ago2 MIN
Summary
New World Development (0017) will launch the final three one-bedroom units at Pavilia Rosa in Kowloon Tong next Monday, each measuring 336 sq ft with discounted prices ranging from HK$10.51 million to HK$11.15 million . The developer also opened a new 435 sq ft two-bedroom show flat for public viewing by appointment on Thursday, while a 298 sq ft one-bedroom unit with a 47 sq ft balcony sold for HK$10.1 million on Wednesday, setting a new price-per-sq-ft record of HK$33,903 for one-bedroom layouts among new developments in Kowloon .
Key Points
- Three 336 sq ft one-bedroom units at Pavilia Rosa in Kowloon Tong will launch next Monday, priced from HK$10.51 million to HK$11.15 million after discount
- A 298 sq ft one-bedroom with 47 sq ft balcony sold for HK$10.1 million on Wednesday, setting a new Kowloon one-bedroom price record of HK$33,903 per sq ft
- Three two-bedroom units sold within 10 days, generating over HK$52 million in sales proceeds; one same-layout unit remains available
- Pavilia Rosa has sold 65 units total, cashing in over HK$2.7 billion, according to Cannas Ho Ka-yan, NWD sales and marketing director
- NWD plans to launch about 30 remaining units at Deep Water Pavilia in Wong Chuk Hang as early as next month
Why It Matters
The record price-per-sq-ft achievement signals sustained buyer appetite for premium one-bedroom units in Kowloon's residential market, while the project's strong sales performance demonstrates confidence in NWD's development pipeline, including upcoming launches at Deep Water Pavilia and the Northern Metropolis .
The record price-per-sq-ft achievement signals sustained buyer appetite for premium one-bedroom units in Kowloon's residential market, while the project's strong sales performance demonstrates confidence in NWD's development pipeline, including upcoming launches at Deep Water Pavilia and the Northern Metropolis .