Savills Hong Kong has been appointed as the sole agent for the sale of a whole-block luxury residential property at No.333 Tai Hang Road
Savills Hong Kong has been appointed as the sole agent for the sale of a whole-block luxury residential property at No.333 Tai Hang Road, Jardine’s Lookout, by public tender. The tender will close at 5:00 pm on Monday, 8th February, 2010.
Keith Chang, Deputy Senior Director of Savills Residential Development and Investment, said the subject property is Elegant Court, which is a five storey building with a total of 8 units. It has a site area of 6,470.5 sq.ft. The total gross area is 17,841 sq.ft. It provides ample car parking on the ground floor with 12 spaces.
Located at the junction of Tai Hang Road and Blue Pool Road, the subject property is in a traditional luxury residential area, with low density residential buildings and houses in the neighbourhood. It is surrounded by greeneries enjoying a pleasant and tranquil environment. Prestigious primary and secondary schools and international schools are in the vicinity. The property is also highly accessible by various means of transportation, and is a mere 5-minute drive to Causeway Bay.
Chang added that the layouts of each unit are highly flexible and alternations can be made easily. The new owner has the right to name this property to enhance its value. While whole-block luxury residential properties offered for sale is very rare in the market, he expected that it will attract fierce bidding from the market.