Park Ville San Francisco III Logs 4 Units Sold in Single Day, Over HK$47 Million in Deals
SingTao · 2 SOURCESabout 1 hour ago5 MIN
Summary
New World Development and MTR Corporation's Park Ville San Francisco III project in Tai Wai recorded four unit transactions in a single day, generating over HK$47.2 million in sales proceeds. A major buyer purchased three two-bedroom units for a combined HK$35.4 million, drawn to the project's strategic location adjacent to the MTR station. The Park Ville series has now accumulated 399 units sold, exceeding HK$6.5 billion in total sales value since its relaunch.
Key Points
- Park Ville San Francisco III sold four units on a single day, with total sales proceeds of HK$47.206 million .
- A major investor purchased three two-bedroom units for HK$35.414 million, including Unit D on the 50th floor of Tower 1B .
- Unit D measures 456 square feet in saleable area with an open-plan kitchen layout, priced at HK$11.864 million at HK$26,018 per square foot .
- The Park Ville series has sold 399 units in total since its relaunch, generating cumulative sales exceeding HK$6.5 billion .
- Other projects also recorded sales: ONE VERBENA in Ho Man Tin sold a 957-square-foot three-bedroom unit for HK$31.15 million .
- Harbor Glory Phase 4 in Hung Hom sold a 342-square-foot two-bedroom unit for HK$6.953 million .
- The殷日光灣 series in Tai Po sold three units for a combined HK$57.965 million .
- Wheelock Properties, Henderson Land, and other developers' projects also recorded six transactions worth over HK$58 million .
Why It Matters
The strong sales performance at Park Ville San Francisco III reinforces the resilience of Hong Kong's new residential market, particularly for MTR-linked developments. With the series surpassing HK$6.5 billion in cumulative sales and multiple projects reporting brisk transactions, developer confidence in the market remains robust. This activity also signals sustained demand from buyers prioritizing transportation convenience and strategic locations.
The strong sales performance at Park Ville San Francisco III reinforces the resilience of Hong Kong's new residential market, particularly for MTR-linked developments. With the series surpassing HK$6.5 billion in cumulative sales and multiple projects reporting brisk transactions, developer confidence in the market remains robust. This activity also signals sustained demand from buyers prioritizing transportation convenience and strategic locations.