Victoria Harbour Penthouse Sells for $34.7M as Homantin Luxury Project Eyes Sellout
SingTao · 4 SOURCESabout 3 hours ago4 MIN
Summary
A premium Victoria Harbour-facing three-bedroom apartment at the One Victoria Phase IA development in Homantin has been sold for HK$34.696 million via tender, achieving HK$34,800 per square foot. The same development also recorded the sale of a two-bedroom unit at HK$20.696 million on Wednesday. In response to strong market demand, the developer is now launching six additional three-bedroom units for tender on Friday, as the project approaches near-complete sellout with over 93% of units already sold .
Key Points
- The three-bedroom unit (2A/21F A室) spans 997 sq ft with one ensuite and storage room, sold at HK$34.696M or HK$34,800 psf
- The two-bedroom unit (2A/23F C室) spans 593 sq ft with storage room, sold at HK$20.696M or HK$34,900 psf on Nov 11
- Six three-bedroom units in Tower 2A, each 992 sq ft with south-facing Victoria Harbour views, will launch for tender on Nov 13
- One Victoria series cumulative sales reach 785 units (93% of total), with total revenue exceeding HK$14 billion
- Only one remaining high-floor Victoria Harbour two-bedroom and one three-bedroom unit available as remaining inventory
Why It Matters
The strong sales performance at One Victoria reflects sustained demand for premium railway-adjacent properties in Hong Kong's residential market, with buyers demonstrating willingness to pay record prices for sought-after Victoria Harbour views . The project's near-sellout status and premium pricing underscore the continued strength of Hong Kong's luxury property sector despite broader market uncertainties .
The strong sales performance at One Victoria reflects sustained demand for premium railway-adjacent properties in Hong Kong's residential market, with buyers demonstrating willingness to pay record prices for sought-after Victoria Harbour views . The project's near-sellout status and premium pricing underscore the continued strength of Hong Kong's luxury property sector despite broader market uncertainties .