Staff reporter

New World Development's (0017) State Pavilia in North Point has received over 8,450 checks for 88 flats to be sold today, making them nearly 100 times oversubscribed, a record for new projects this year.

With an average price of HK$19,866 per square foot after discounts, the second batch is nearly 5 percent costlier than the first.

The flats for sale today include 29 one-bedroom units and 59 two-bedroom units, with sizes ranging from 343 to 621 square feet. Discounted prices range from approximately HK$6.49 million to HK$15.41 million, or HK$17,920 to HK$28,588 per square foot.