One YATHIA Sells Victoria Harbour 3-Bed Unit for HK$39.84M via Tender
SingTao · 2 SOURCESabout 3 hours ago2 MIN
Summary
Sino Group and MTR Corporation jointly developed the One YATHIA Phase IA (One YATHIA THAI) completed property project at Ho Man Tin Station, successfully transacting a premium Victoria Harbour-view 3-bedroom unit via tender on Wednesday (19th). The unit achieved a sale price of HK$39.84 million, with the per-square-foot rate reaching approximately HK$40,000, reflecting continued demand for high-end railway-adjacent completed properties in Hong Kong's traditional prime residential districts.
Key Points
- The transacted unit is located at Tower 1A, 18th floor, Flat D, featuring a 3-bedroom (1 en-suite) layout with a storage room
- The saleable area is 996 square feet with a south-facing Victoria Harbour panorama; the transaction price reached HK$39.84 million
- Front-row Victoria Harbour units have cumulatively sold 125 units, exceeding HK$3 billion in total consideration with an average price per square foot exceeding HK$32,900
- Market sources indicate the buyer was attracted to the rare combination of a railway-adjacent completed property in a traditional luxury residential area with Victoria Harbour views
- The One YATHIA series has sold 764 units in total, representing over 90% of the entire development, with cumulative sales revenue exceeding HK$13.5 billion
Why It Matters
This transaction underscores sustained demand for premium railway-adjacent completed properties in Hong Kong's traditional luxury residential zones, where Victoria Harbour views remain a decisive factor for high-net-worth buyers. The continued strong sales performance of the One YATHIA project, now exceeding HK$13.5 billion in total revenue, signals robust market confidence in well-located MTR integrated developments despite broader market uncertainties .
This transaction underscores sustained demand for premium railway-adjacent completed properties in Hong Kong's traditional luxury residential zones, where Victoria Harbour views remain a decisive factor for high-net-worth buyers. The continued strong sales performance of the One YATHIA project, now exceeding HK$13.5 billion in total revenue, signals robust market confidence in well-located MTR integrated developments despite broader market uncertainties .