business · SingTao

Ho Man Tin Luxury Project Sells 2-Bed Harbour-View Unit for HK$18.57M

about 2 hours ago1 MIN
Ho Man Tin Luxury Project Sells 2-Bed Harbour-View Unit for HK$18.57M

Summary

Henderson Land Development and MTR Corporation jointly developed the One Victoria Tianhai project in Ho Man Tin, which sold a Victoria Harbour-facing two-bedroom flat for HK$18.57 million on Monday. The 593-sq-ft unit at Tower 2A, 12/F, Flat C achieved HK$31,315 per sq ft through tender. The broader One Victoria series has now sold 772 units, representing over 91% of the total development.

Key Points

  • Unit 2A-12-C spans 593 sq ft with two bedrooms and a storage room, facing south with Victoria Harbour views
  • Transaction price reached HK$18.57 million, equating to HK$31,315 per sq ft via tender sale on September 21
  • Front-row Victoria Harbour units in the project have sold 130 flats for over HK$3.19 billion at HK$33,000 per sq ft average
  • Five units were sold in the past week, generating over HK$110 million in total proceeds
  • The entire One Victoria series has sold 772 units (91% of project), accumulating HK$13.7 billion in sales revenue

Why It Matters

The strong sales performance reflects robust demand for premium MTR-linked properties with harbour views, reinforcing Hong Kong's residential market resilience amid high interest rates and economic uncertainty .

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