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The new development project in Central, The Agora, has attracted a major buyer who purchased two top-tier three-bedroom units in one go, setting new price records for the series.
The Mid-Levels Central luxury residential project 'Arcady', developed by Pacific Century Premium Developments Limited (00432.HK) and Capital Strategy Property Development (00497.HK), recorded a 'two-unit deal with one buyer' transaction today (September 9). A major investor purchased two units for over HK$80 million, with unit 21B setting a new record for both price and price per square foot in the 'CENTRUM COLLECTION' series. The two units sold via tender were both acquired by the same buyer: unit 21B on the 21st floor and unit 2C on the 2nd floor. Unit 21B has a usable area of 1,074 square feet and features three bedrooms, two en-suite bathrooms, a walk-in closet, and a utility room.
Zhenyue Tsim Sha Tsui will release all 64 units for sale on Wednesday, while Yuyi Tsim Sha Tsui has launched an additional 68 units at a discounted starting price of HKD 5.5153 million.
Developers have successively launched new projects after the Lunar New Year. The entire inventory of 64 units at The Wisteria in Tsim Sha Tsui will be released for sale this Wednesday, with discounted prices starting from HKD 4.086 million. The project has received over 600 subscription registrations, representing an oversubscription rate of more than eight times. Meanwhile, Yu Yi, also located in Tsim Sha Tsui, announced the launch of 68 additional units, with discounted prices starting from HKD 5.5153 million. As of 6 p.m. yesterday (February 8), the project had recorded over 1,800 expressions of interest. Additionally, newly launched projects such as Hoi Tak Garden in Chai Wan, One Ying Fung in Central, and One More in To Kwa Wan have registered multiple transactions. On the other hand, the attention on secondary markets has been diverted due to the introduction of multiple new projects and the strong sales performance of unsold inventories, leading to subdued trading activity across the ten major housing
Three units at The Peak Landmark in Central, Hong Kong, have been sold at a record-high price. Two more units will be auctioned next Monday.
The Mid-Levels Prime, a development by Pacific Century Premium Developments Limited (00432.HK) and Capital Strategies Property Holdings Limited (00497.HK), today (5th) sold three units, ranging from one-bedroom to three-bedroom apartments, via public tender. Two of these transactions set new record highs for the project. In response to enthusiastic market demand, the developers promptly launched two additional units on the same day, which will be offered via tender next Monday. Among the three transactions recorded today, the 18th-floor Unit C achieved the highest-ever transaction amount for its type. Additionally, the sale price of the 11th-floor Unit A again set a new high for the PRIME COLLECTION series. The aforementioned 18th-floor Unit C...
PCPD: Annual Report 2025
Two units at Central's Elegant Mansion in Hong Kong have been sold again, generating proceeds of HK$30.8 million.
The Peak Gain, a luxury residential development in Mid-Levels Central jointly developed by Pacific Century Premium Developments Limited (00432.HK) and Capital Strategy Property Holdings Limited (00497.HK), sold two units via tender yesterday (August 3). One of the units was a platform feature unit offered for the first time. The two units sold through this tender include Unit B on the 2nd floor and Unit F on the 3rd floor. The former is a two-bedroom unit with a private platform, featuring a saleable area of 509 square feet along with a 17-square-foot private platform, transacted at HK$18.2222 million, equating to HK$35,800 per square foot. The latter, Unit F on the 3rd floor, is a one-bedroom configuration with a saleable area of 380 square feet, transacted at HK$12.578 million.
The Mid-Levels in Central, Hong Kong, recorded five more transactions at the Elegant Peak development, generating proceeds of HKD 90.4 million.
Pacific Century Premium Developments Limited (00432.HK) and Capital Strategy Property Limited (00497.HK), through their jointly developed Mid-Levels Mayfair project in Central, sold five one- to two-bedroom units today (August 2) via tender, generating nearly HKD100 million in sales. Among these, the "PRIME COLLECTION" series, represented by Unit D on the 12th floor, set a new record for the highest transaction price. **** Chan, Sales and Marketing Director of Pacific Century Premium Developments Limited, stated that since the project's launch less than two months ago, 54 units have been sold, accounting for approximately 55% of the entire development, with accumulated sales exceeding HKD1.6 billion. The five units sold in this tender include Units B and C on the 3rd floor, Units C and