Buyer sentiment towards The Pacifica phase two complex in western Kowloon has been buoyant, despite expectations of a rise in interest rates.
More than 400 prospective buyers registered their interest in flats in the Cheung Sha Wan development at the weekend, when sales registration kicked off.
Midland Realty director Jeff Law Kwok-on said selling prices in the joint development by Cheung Kong (Holdings) and Sun Hung Kai Properties ranged between $4,500 and $7,000 per square foot, .
'The market reaction is very good,' Mr Law said.
Phase one of The Pacifica sold at $2,300 to $4,600 per square foot last year.
Average flat prices in the district were $4,000 per square foot before phase two was launched, Midland said.
Would-be buyers for phase two units are required to pay a $100,000 deposit.
