Deep Water Pavilia releases second price list with 50 upper-level flats

Deep Water Pavilia, Phase 5A of The Southside in Wong Chuk Hang, unveiled its second price list on Sunday, releasing 50 units at an average discounted price of HK$22,028 per square foot, 5.24 percent higher than the first batch.

The project was jointly developed by New World Development (0017), Empire Group, CSI Properties (0497), Lai Sun Development (0488), and MTR Corporation (0066).

The latest batch includes 43 two-bedroom units, six three-bedroom units, and one four-bedroom unit, with salable areas spanning 486 to 1,261 square feet. Discounted prices range from HK$9.45 million to HK$35.54 million, or HK$19,364 to HK$28,184 per square foot.

Developers said most of the new units are premium mid- to high-floor flats, and were launched at prices largely in line with the previous batch after adjusting for floor level and views.

Of the 50 homes, 27 are priced under HK$10 million, while 17 are offered at or below HK$20,000 per square foot, said Cannas Ho Ka-yan, general manager of business and marketing for special projects at NWD.