business · SingTao

Kai Tak Victoria Harbourfront Project Sells 2 Units in Single Day, Grossing Over HK$25 Million

about 3 hours ago4 MIN
Kai Tak Victoria Harbourfront Project Sells 2 Units in Single Day, Grossing Over HK$25 Million

Summary

The Victoria Harbourfront (維港‧灣畔) development in Kai Tak recorded two unit transactions on Monday (October 12, 2026), collectively generating approximately HK$25.475 million in proceeds. The properties, situated on the 3rd floor of Tower 1C, comprise a 489-sq-ft two-bedroom plus storage unit and a 451-sq-ft two-bedroom unit, with prices per sq ft averaging around HK$27,101. According to property agents, buyers were attracted by the project's prime Victoria Harbour waterfront location, with living rooms and bedrooms offering sea views, as well as the practical and efficient layout of the units.

Key Points

  • Unit 1C-3-B: 489 sq ft, 2 bedrooms plus storage, sold for HK$13.472 million at approximately HK$27,550 per sq ft
  • Unit 1C-3-A: 451 sq ft, 2-bedroom layout, sold for HK$12.003 million at approximately HK$26,614 per sq ft
  • Total proceeds reached approximately HK$25.475 million with an average price per sq ft of approximately HK$27,101
  • Developers include China Overseas, Wharf Real Estate, Henderson Land, and K. Wah International
  • On September 11, the project also recorded two transactions at Tower 1C 18/F and 19/F B units, collectively valued at over HK$30.05 million

Why It Matters

The Kai Tak runway area has emerged as a prime waterfront residential zone in Hong Kong, and the Victoria Harbourfront project's sustained sales momentum reflects strong buyer confidence in this nascent district. The combination of harbour-view premium and rising rental yields continues to attract both end-users seeking quality homes and investors looking for stable returns, signaling healthy demand in the primary property market .
The Kai Tak runway area has emerged as a prime waterfront residential zone in Hong Kong, and the Victoria Harbourfront project's sustained sales momentum reflects strong buyer confidence in this nascent district. The combination of harbour-view premium and rising rental yields continues to attract both end-users seeking quality homes and investors looking for stable returns, signaling healthy demand in the primary property market .

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