1-3 Jones Street in Causeway Bay will be sold under the Land (Compulsory Sale for Redevelopment) Ordinance through Savills by public auction at Room 811 on 8th Floor, Jardine House, Central, Hong Kong at 10:00 am on 9th Oct 2008 (Thursday).
1-3 Jones Street in Causeway Bay will be sold under the Land (Compulsory Sale for Redevelopment) Ordinance through Savills by public auction at Room 811 on 8th Floor, Jardine House, Central, Hong Kong at 10:00 am on 9th Oct 2008 (Thursday).
The site area of the above-mentioned property is six storey commercial / residential building completed in 1960. Charles Chan, Managing Director of Savills Valuation and Professional Services, will be the auctioneer. The reserved price will be HK$26.4 million.
Soundwill Holdings, the majority owner of the above property acquired approximately 92 per cent interest in the property and successfully obtained an order for sale under Land (Compulsory Sale for Redevelopment) Ordinance on 29th August 2008.