Savills, the international real estate firm, has been appointed the sole agent by order of the Receiver for the tender sale of 15 Gough Hill Road, The Peak ("the Property"). The tender is scheduled to close at 12 Noon, 19 September 2023 (Tuesday).

The Property is a three-storey house with a spacious garden and courtyard, situated on The Peak with a site area of approximately 18,469 sq. ft.. The interior is characterized by high ceilings and abundant natural light, and the Property also includes two storeys of basement# and one storey of garage, providing ample living space.

Located in one of the most exclusive locations on The Peak, with only five residential projects on the street, of which only three are single lots, the Property boasts unobstructed views of the Southside sea view, Aberdeen Reservoir, and Deep Water Bay, and even overlooks Repulse Bay. Surrounded by tranquil natural scenery, the Property offers a quiet and private living environment. Furthermore, houses on The Peak are relatively rare and highly sought after by investors and buyers.

Mr. Raymond Wan, Chief Senior Director, Investment of Savills said, "Since the border reopening, demand for properties on The Peak and in the Southside has risen significantly, with a series of transactions of luxury residential single lots, including 66 Deep Water Bay Road, which was sold for approximately HK$ 3.6 billion, and 5 Mount Cameron Road, which was sold for HK$ 1 billion. In addition, there are market rumours that 30-38 Magazine Gap Road has been transacted for HK$ 5 billion. This demonstrates the high demand for high-quality single lots in Hong Kong, which have great potential for appreciation.

Mr. Thomas See, Senior Associate Director, Investment CEO Office of Savills commented, "15 Gough Hill Road offers over 10,000 sq. ft. of living and outdoor space each, and it boasts dual sea views of Deep Water Bay and Repulse Bay, which makes it stand out among other properties on The Peak. We believe this Property will be highly sought after by buyers.”

#It is described in the Occupation Permit as 2-storey of plant rooms