Tender for the whole mansion of 121 Repulse Bay Road

The 28-storey mansion of 121 Repulse Bay Road, the owner of Keda Group entrusted DTZ to sell in an exclusive public tender. The ticket is open at 12 noon on March 28, 2019. The site area of ​​the property is about 12,131 square feet. The owner purchased it for renting and renting 30 years ago. It is now a 28-storey tiered sea-view building. It was occupied in 1994 and has a unit area of ​​800 to 1000 ft. The luxury properties that can be sold throughout the building are rare.

The property is located in Category B residential land. Only about 10 of the entire Repulse Bay projects provide high-rise building units such as Lijing Garden, Repulse Bay Garden, Baohua Building and Grosvenor Plaza for sale. Including Yingwan Park, Xilian, Fairmount Terrace, The Lily and the property are all for rental purposes.

The owner has considered rebuilding on his own

It is reported that the owner has been interested in buyers for many times and has decided to open the tender. The landlord has considered redeveloping the property into only 11 3,000-plus-super luxury units with a floor space of over 36,000. Repulse Bay is a traditional mansion in Hong Kong Island. The area is dominated by garden villas. The high-rise buildings are built on the hills and have beautiful sea views. The demand for luxury homes is still strong.