Savills News

Savills Appointed as Sole Agent for the Sale of A Portfolio of Residential Units in the Southern District

International real estate firm Savills has been appointed as the sole agent for the sale of three residential properties, including House B, 29 Horizon Drive, Chung Hom Kok and G/F No.10A & G/F No.10B, Nos.10A & 10B Stanley Beach Road.

House B, 29 Horizon Drive, Chung Hom Kok
The property features a two-storey design with a saleable area of approximately 3,354 square feet. It offers a five-bedroom layout, including two en-suite bedrooms, and comes with a garden and rooftop—providing spacious areas ideal for hosting private gatherings. Additionally, the property includes a spacious private garage that can accommodate multiple vehicles, offering excellent practicality. Situated on a single lot, it enjoys stunning sea views over Chung Hom Wan, with a tranquil and serene environment that ensures a high level of privacy. The property is offered for sale on an "as-is" basis with vacant possession, with an indicative price of approximately HKD 138 million.


G/F No.10A & G/F No.10B, Nos.10A & 10B Stanley Beach Road

The property comprises two ground floor units, No.10A and No.10B. Each unit has a saleable area of approximately 2,832 square feet and features a four-bedroom layout, including three en-suite bedrooms. Each unit also comes with a designated parking space. Located just a one-minute walk from Stanley Main Beach and in close proximity to Stanley Plaza, the property enjoys excellent amenities and a prime location. Both units are being sold with existing tenancies. The indicative price for each unit is approximately HKD 62 million.    

Mr. Raymond Wan, Chief Senior Director, Investment at Savills Hong Kong said, “Several transactions have recently been recorded in the luxury property market, including a notable deal facilitated by Savills — the sale of No. 1 Gough Hill Road, The Peak for HKD 1.088 billion. This marks the largest single house transaction so far this year, reflecting strong market demand and the considerable investment potential of luxury residences. The recent market has attracted many second-generation wealthy individuals, established families, and celebrity offspring who are actively entering the market to seize opportunities at lower prices.

House B, 29 Horizon Drive, Chung Hom Kok is a rare two-storey house situated on a single lot, offering exceptional privacy, a tranquil environment, and a prestigious location. Additionally, No.10A and No.10B, Stanley Beach Road are low-density colonial-style apartments—rare large single-floor units in the area—with each unit offering a saleable area of over 2,800 square feet. The layout is highly efficient, providing a strong sense of spaciousness. This sale presents a rare opportunity for both self-use and investment purposes.”

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