Savills News

Rose De Cosa, Sai Kung, up for sale by public tender

The property comprises a residential development located in Ah Kung Wan off Clear Water Bay road.

The property comprises a residential development located in Ah Kung Wan off Clear Water Bay road. TV City and Hong Kong University of Science and Technology are at close proximity. The Choi Hung MTR Station is just a 15-minute drive.

 

Rose De Cosa consists of six two storey townhouses. Sizes of the houses range from 1,186 sq.ft. to 2,373 sq.ft. It has a total gross floor area of approximately 11,864 sq.ft. and a site area of around 20,021 sq.ft. Building plans have been approved to convert the existing six houses into four houses with individual swimming pools.

Tim Wong, Director of Investment, said, “Besides developers, the property is suitable for cross-border businessmen to redevelop into a private resort villa.  The site is huge with capacity to hold ten cars at the same time. While one can only buy a special apartment unit of those traditional luxury projects with HK$100 million, the subject property is apparently more attractive. As for comparison, the most recent price per sq.ft. of The Giverny, a nearby luxury project, range from HK$13,500 to HK$15,000.”

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