International real estate firm Savills is appointed as the sole agent for the collective sale of 100% undivided shares of a residential site on 111-117 Blue Pool Road, Happy Valley.
International real estate firm Savills is appointed as the sole agent for the collective sale of 100% undivided shares of a residential site on 111-117 Blue Pool Road, Happy Valley. The site with an area of 10,360 square feet is situated at the prestigious luxury residential area that overlooks the valley and urban landscapes. Rare on the market for its substantial scale, the site has no restrictions to the number of units and could be redeveloped into houses or apartments with a maximum GFA of 21,762.3 square feet in total (with premium required). The Deadline for EOI submission will be by 2nd May 2023.
The traditional luxury residential area of Happy Valley in Hong Kong Island is minutes away from the vibrancy and convenience of Causeway Bay and Wan Chai, enjoying wide, open view of the valley, lush greenery and good school network. The prestigious region has rarely seen a residential plot for sale that spans over 10,000 square feet in the last decade, which makes this site on Blue Pool Road a unique and precious investment opportunity. Developers in different scales and Users who are deeply fond of Happy Valley should never miss such opportunity.
Mr. Jason Wo, Director, Investment of Savills commented, "Savills has concluded several high-profile sales of prime residential sites in Happy Valley and The Peak in recent years which successfully maximized the potential of the sites. The offering of this new, rare site on Blue Pool Road will be an exciting opportunity for investors and developers as the luxury residential market picks up momentum following the re-opening of borders."