New Development | DEEP WATER SOUTH Four-Bedroom Apartment Sold for 86.44 Million, Breaking Two Records

SighingCashier · 2026-03-16T16:47:22+00:00

Sino Land and MTR's Deep Water South project recorded consecutive tender transactions again, with two units sold for a total amount exceeding HK$121 million, setting record high transaction prices and prices per square foot for the project. To date, 11 units have been sold, with total proceeds reaching HK$539 million.

SighingCashier

2026-03-16 16:47:22

Abstract generation in progress

Wheelock Properties and MTR Corporation (00066) collaborated on the Hong Kong Island South Bank Phase 6B of Deep Water South at Wong Chuk Hang Station in Aberdeen. They have completed two consecutive tender transactions, totaling over HKD 121 million; the highest transaction price was nearly HKD 86.44 million, with the highest price per square foot reaching HKD 50,964, both setting new records for the project.

Another unit sold was Unit A on the 15th floor of Block 1B, a 3-bedroom unit with a combined workroom/storage room, bathroom, and private elevator lobby, with a usable area of 918 sq ft. The transaction price was HKD 34.79 million, with a usable price per square foot of HKD 37,898.

Wheelock Properties Vice Chairman and Executive Director Anthony Wong said that Unit A on the 36th floor of Block 1A, a 4-bedroom unit with 2 suites, a workroom, bathroom, and private elevator lobby, with a usable area of 1,696 sq ft, was sold for HKD 86.4351 million, with a usable price per square foot of HKD 50,964, breaking the project’s previous record.

Since sales began at Deep Water South, a total of 11 units have been sold through tender, generating over HKD 539 million in total proceeds.

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