International real estate firm Savills is appointed as the sole agent by order of the owner for the tender sale of the single lot at No. 211 Kam Tin Road ("The Property"). The site area of the Property is approximately 16,603 square feet, with a saleable area of approximately 4,778 square feet and a garden/terrace area of approximately 9,610 square feet. The Property is being offered for sale by share transfer and the tender closing date is scheduled at noon on 20 August 2024 (Tuesday).
This is a rare and luxurious detached house development, comprising two independent two-storey detached houses. Each house features four spacious bedrooms (three of which are en-suite), and comes equipped with a private elevator, creating an exceptionally prestigious residence in the area.
The gardens/terrace can accommodate multiple vehicles, and the surroundings offer a serene and elegant ambiance, with lush greenery enveloping the property, creating a tranquil and idyllic atmosphere.
The property is also conveniently located near renowned prestigious residences such as Seasons Monarch and Seasons Villas, with the Huanggang and Shenzhen Bay ports within a 10 - 15 minute drive, allowing residents to enjoy a leisurely and exclusive lifestyle with excellent connectivity.
Mr. James Siu, Deputy Managing Director, Head of Kowloon of Savills, stated, “This property is not only highly suitable for big family living, but its exceptional garden landscape also sets it apart as a rare luxury residential development in the area. Given its scarcity and prime location, we believe the market will duly recognize the property's high value.
The indicative price for the property is approximately HK$80 million, with an average price of around HK$16,700 per square foot, leaving room for negotiation. In comparison, a similar nearby transaction at Riva was recorded at around HK$17,000 per square foot. Overall, the property is relatively attractively priced, and as a single lot, it is expected to appeal to buyers with such specific demand.”