Deep Water Pavilia II 21 times oversubscribed in second sales round

The second round sales of flats at Deep Water Pavilia II in Wong Chuk Hang was 21 times oversubscribed, receiving about 2,000 checks for the 88 units offered as for Monday afternoon.

It was expected to offer 88 units via price list on Wednesday, with the lowest price after discounts starting at HK$8.99 million, or HK$19,859 per square foot.

The project will close registrations on Tuesday at 4pm.

Deep Water Pavilia II is jointly developed by New World Development (0017), Empire Group, CSI Properties (0497), Lai Sun Development (0488), and MTR Corporation (0066).

HELEN ZHONG