Savills has been appointed as sole agent for the sale of No 37 Beech Street and No 112-114, Bedford Road, both located in the up-and-coming Tai Kok Tsui.
Savills has been appointed as sole agent for the sale of No 37 Beech Street and No 112-114, Bedford Road, both located in the up-and-coming Tai Kok Tsui.
No 37 Beech Street – indicative price HK$120 million
The 15-storey property was built in 1997, with a site area and total floor area of 1,800 sq ft and 20,970 sq ft respectively. The property is located at the heart of Mongkok while Mongkok MTR Station is within only 8-minute walking distance.
No.112-114 the Bedford Road – indicative price HK$85 million
The 4-storey property was built in 1956, with a site area and total floor area of 2,112 sq ft and 25,344 sq ft respectively. The property is located near a number of revitalised industrial buildings and new residential projects and it only takes around 8-minute walking time to Prince Edward MTR Station.
James Siu, Head of Kowloon, Savills said “No 37 Beech Street will be able to turn as either residential project or boutique hotel while No 112-114 also possesses huge redevelopment potential. I could say all eyes are now on Tai Kok Tsui, an area which has undergone large scale of regeneration since last year. I believe these mentioned properties, with such good locations, will be able to attract promising responses from the market.”