Pursuant to an order for sale made by the Lands Tribunal under the Land (Compulsory Sale for Redevelopment) Ordinance, Nos 326, 328, 330 and 332 Des Voeux Road West & Nos 11A, 11B, 11C and 11D Sai On Lane, Hong Kong (“the Property”) was sold by public auction. The ‘Property’ was successfully acquired by bidder Supreme Profile Limited at HK$700 mil
The Property is sandwiched between Des Voeux Road West and Sai On Lane at the corner of Des Voeux Road West and On Ning Lane in Sai Ying Pun district. The Property has a site area of approximately 6,172 sq ft, and its location is now listed within an area zoned as “Residential (Group A) 6”. According to the relevant approved Building Plans, the Property is a 9-storey building served by two common stairs with residential use on upper floors and shops on the ground floor.