Deep Water Pavilia kicks off sales round with 138 units on Saturday

Deep Water Pavilia, Phase 5A of The Southside in Wong Chuk Hang, will place 138 units for sale this Saturday at an average discounted price of HK$21,028 per square foot, according to the developers.

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

The 138 units comprise 129 two-bedroom, four three-bedroom, and five four-bedroom apartments, with sizes falling between 455 and 1,261 sq ft. Discounted prices range from HK$8.503 million to HK$37.247 million, or HK$18,688 to HK$29,538 per sq ft.

The project will also offer 19 units for tender starting this Saturday, including nine two-bedroom units with terraces, two three-bedroom, and eight four-bedroom apartments ranging from 408 to 1,261 sq ft.

Since launching large-unit tenders on May 26, the project has sold 35 units, generating over HK$1.8 billion in revenue, with an average price of over HK$38,000 per sq ft.

STAFF REPORTER