Savills News

Savills Appointed as Sole Agent for the Sale of the Grade II Historic Building at No. 35 Bonham Road

International real estate firm Savills has been appointed as the sole agent by the landlords for the sale of the entire block of shophouse at No. 35 Bonham Road ("The Property") through invitation to Express of Interest and tender for the sale of the basement to the first floor. The property has a site area of approximately 1,648 square feet and a total area of approximately 6,545 square feet. It can be sold as a whole or separately from the basement to the first floor. The deadline for submitting expressions of interest and tenders is scheduled for Noon on December 18, 2024 (Wednesday).

The Property is a mix of commercial and residential building with four levels, including a basement, with each floor occupying approximately 1,115 to 1,600 square feet. It features a Neoclassical architectural design, completed with classical pediment on the eave, and incorporates numerous Roman and Greek design elements throughout the building. This exquisite craftsmanship reflects the owner's wealth and status at the time, showcasing elegance and grandeur. Additionally, the Property is located right beside the Central Street Escalator Link, just a 2-minute walk from the Sai Ying Pun MTR Station. This section of Bonham Road is home to several Declared Monuments and historic buildings, such as the King’s College and multiple historical buildings of the University of Hong Kong, creating a rich atmosphere of history and culture.

Mr. Russell Tang, Manager, Kowloon Commercial Sales of Savills, stated, “The property has a 999-year lease and is one of the few remaining pre-war European-style building in Hong Kong, granted as a Grade II historic building. Its exterior showcases the exquisite craftsmanship of its era, representing an artistic masterpiece that has been well maintained over the years. Such shophouses are highly sought after in Singapore, with their value derived from their rarity and beautiful appearance, attracting investment from celebrities and wealthy individuals worldwide. For investors interested in architectural art and collectible properties, this is truly a once-in-a-lifetime opportunity.”

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