Continuing the sell-out streak from recent weeks, Hong Kong homebuyers snapped up new flats on Thursday, April 30. All 120 units at One Victoria Cove I sold out by late afternoon, while Pavilia Farm III—building on prior batches—sold 19 of 45 units by 6:50pm. Developers are ramping up construction amid strong demand.
Developers reported brisk sales of new flats on Thursday, April 30, underscoring sustained housing demand in Hong Kong.
New World Development (NWD) noted that all 120 units at One Victoria Cove I were sold out by late afternoon. At Pavilia Farm III, 19 of 45 newly released units were sold by 6:50pm. NWD stated it had generated more than HK$4.8 billion (US$610 million) from the sale of 295 units at Pavilia Farm III over 11 days.
“Sales of new homes in the first four months of 2026 reached about 8,500 units, of which around 3,000 flats came from completed projects, mainly in areas such as Kai Tak, Tseung Kwan O and Sai Sha,” said Norry Lee, senior director for projects strategy and consultancy at JLL.