Savills Presents Altamira, 18 Po Shan Road Prime Residential Units for Sale

The Property is located on the apex of the Mid-Levels West, which enables the units to enjoy stunning sea views of Victoria Harbour and the verdant greenery of Victoria Peak. It only takes a 10-minute drive³ to get to the Central CBD and SOHO, and it is within walking distance to get to the campus of the University of Hong Kong. There are also nearby hiking trails to famous peaks such as Lung Fu Shan and High West, offering beautiful sceneries and panoramic views of Victoria Harbour along the way⁴.

The launch offers prospective purchasers three new payment plans². First, a brand new 120-day short completion payment plan with cash rebate, which offers a total cash rebate of up to 7.5% for early settlements within 60 days. In addition, a 360-day early possession payment plan and a 39-month rent-to-buy payment plan are offered to prospective purchasers. The former allows the purchaser to move in early at any time after 20% of the property price has been paid. The latter provides an option to purchase after the 3^rd year of the lease, but within the last 3 months prior to the expiration of the lease, offering great flexibility for permanent resident applicants in Hong Kong². The prime address and style of the Property make it an excellent choice for both end-users and investors.

Mr. Thomas See, Senior Associate Director, Investment CEO Office of Savills commented, "the supply of first-hand residential properties in Mid-Levels West have always been scarce. To cater to the demand of the first-hand residential property market in the area, the vendor has decided to relaunch a limited number of sea view units for sale. Since the completion of the Property in 2016, there has always been limited availability of units offered for sale, and only 13 units have been sold. Various tailor-made payment plans are available to meet the needs of different buyers, and newly renovated show flats are available for viewing. In terms of price or quality, these properties are truly excellent choices in Mid-Levels West."

About ALTAMIRA District: Mid-Levels West Name of Street and Street Number of the Development: 18 Po Shan Road The address of the website to be designated by the vendor for the Development: http://www.altamira.hk Vendor: Majestic Elite Property Development Limited Holding company of the vendor: Prestissimo Management Limited. Authorized person for the Development: Au Yeung Chi King The firm or corporation of which the authorized person of the Development is a proprietor, director or employee in his / her professional capacity: Wong & Ouyang (HK) Limited Building contractor for the Development: Gammon Engineering & Construction Company Limited The firm of solicitors acting for the owner in relation to the sale of residential properties in the Development: Mayer Brown. Any authorized institution that has made a loan, or has undertaken to provide finance, for the construction of the Development: Not Applicable Any other person who has made a loan for the construction of the Development: Not Applicable

The photographs, images, drawings or sketches shown in this advertisement/promotional material represent an artist’s impression of the Development concerned only. They are not drawn to scale and/or may have been edited and processed with computerized imaging techniques. Prospective purchasers should make reference to the sales brochure for details of the Development. The vendor also advises prospective purchasers to conduct an onsite visit for a better understanding of the development site, its surrounding environment, and the public facilities nearby. The vendor reserves the right to make modification and changes according to the actual circumstances without prior notice. The description, reference, photo, drawing, image or other information whatsoever in this advertisement / promotional material shall not constitute or be construed as constituting any offer, promise, undertaking, representation or warranty, whether expressed or implied on the part of the vendor regarding the Development or any part thereof. Prospective purchaser is advised to refer to the sales brochure for any information on the Development. This advertisement is published by the vendor or with the consent of the vendor.

1. The saleable area is calculated according to Article 8 of the "Residential Properties (First-hand Sales) Ordinance". The floor area of balconies, working platforms and balconies (if any) is calculated in accordance with Article 8 of the "Residential Properties (First-hand Sales) Ordinance".

2. For details, please refer to the relevant Tender documents. Everything is subject to the relevant Tender documents.

3. The above time is calculated by Google Maps and is for reference only. The actual time is affected and limited by the flow of people, routes, weather, actual road conditions and personal factors.

4. The environment, buildings and facilities surrounding the Development may change from time to time.  The vendor does not give any offer, representation, undertaking or warranty whether express or implied. The vendor also advises prospective purchasers to conduct on-site visit for a better understanding of the development site, surrounding environment and the public facilities nearby.