International real estate firm Savills is appointed as Sole Agent by the vendor for the tender sale of 201 Clear Water Road ("The Property"). The public tender, which will close at noon, 22 November 2022 (Tuesday), involves the sale of a single lot spanning approx. 21,820 square feet in area, with a maximum gross floor area of 4,364 square feet. The detached house comprised of two-storey, a swimming pool and approx. 20,000 square feet sprawling lawns, all to be sold on an "as-is" basis with vacant possession.
Set in a secluded corner on a hill with deep lush greenery around, the Property is in close proximity to the Silverstrand Beach, Clear Water Bay Golf & Country Club and Marina Club, and is accessible via a private road leading to its carport. The infinity edge swimming pool and the big lawns are ideal for holding poolside parties in this luxurious property with a perpetual feel of a vacation home.
Mr. Keith Chang, Senior Director, Residential Sales of Savills, commented, "The Property is a detached colonial home standing in extensive secret grounds, hidden from view on a hill. Beautifully renovated with Portuguese design, the house is fitted with granite stone walls both on the outside and the inside. The glamorous space has been featured in the award-winning film Anita Mui as well as in a TV advertisement of a bank."
Mr. Chang added, "In August 2021, a detached house on 8B Fung Sau Road near Tai Mong Tsai in Sai Kung was sold by company shares transfer for approx.HK$300 million, approx. HK$63,627 per square feet saleable, according to market source. The house, on a single lot spanning approx. 15,768 square feet, has a saleable area of approx. 4,715 square feet, comes with a private swimming pool and a garden of approx. 8,309 square feet. The expansive single lot on 201 Clear Water Bay Road is expected to garner the attention of investors as it presents a rare opportunity on the market for owning a uniquely designed and renovated detached house in a coveted location with a huge potential for development."