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SINGAPORE (EDGEPROP) - Residential development The Pavilia Farm in Hong Kong has sold a total of 2,936 units across three phases, representing about 90% of total units and bringing in nearly HK$36 billion ($6.24 billion) in sales, says Hong Kong-listed developer New World Development. (See also: Hong Kong residents buy US$1.3 billion worth of homes in London after UK opened path to citizenship in July)
Artist’s impression of a unit at The Pavilia Farm (Credit: New World Development)
The project comprises seven residential towers with over 3,000 units covering a total gross floor area of over 2 million sq ft and has about 280,000 sq ft set aside for landscaping and a clubhouse area.
The Pavilia Farm was launched by the Group in October 2020, a residential project above Tai Wai MTR Station in Sha Tin. It is the sole new mega residential project within the district in recent years.