Hong Kong homebuyers’ strong demand for new flats extended a streak of brisk sales for developers with one project selling out in a single day, underscoring the city’s broader recovery in housing prices.

All 88 units at the Pavilia Farm III project by New World Development and MTR Corporation in Sha Tin were sold on Saturday, prompting the developers to put 75 more flats on sale later that night.

Elsewhere in Kai Tak, 133 units of KT Marina II were snapped up over the weekend, according to agents. Meanwhile, Wing Tai Properties put 135 flats of its Cloudview project in Sheung Shui on sale Sunday via a price list. By around 4pm, four units had been sold.

“Buyers are trickling in and we are mainly focusing on the newly released high-floor units,” said Sammy Po Siu-ming, senior director of Midland Realty.

In the latest batch, units ranged from 278 sq ft to 303 sq ft and, with a maximum discount of 20 per cent, were priced from HK$19,000 to HK$32,000 per square foot.

Despite the slower sales on Sunday, agents said overall homebuying sentiment was expected to remain steady.