HONG KONG SAR – Media OutReach – 28 December 2021 – Pursuant to an order on the market made by the Lands Tribunal beneath the Land (Obligatory Sale for Redevelopment) Ordinance, Cushman & Wakefield Restricted (“C&W”) performed a public public sale of Nos. 1, 3, 5 & 7 Po Tuck Road, Sai Ying Pun at present. The Property was efficiently bought to Well-known Idea Improvement Restricted at HK$377,000,000.
The Property is positioned on the junction of Po Tuck Road and Hill Street in Sai Ying Pun and was in-built 1966. It constitutes an 8-storey composite constructing. The bottom ground items of the constructing are devoted for retail outlets and every of the higher flooring accommodate residential flats. The positioning space is about 3,005 sq.ft.
The Property is presently zoned as “Residential (A)” beneath Permitted Sai Ying Pun & Sheung Wan Define Zoning Plan No. S/H3/34.
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About Cushman & Wakefield
Cushman & Wakefield is a number one international advisory providers agency that delivers distinctive worth for actual property occupiers and homeowners, with roughly 50,000 workers in over 400 workplaces and 60 international locations. In Larger China, a community of twenty-two workplaces serves native markets throughout the area, incomes recognition and profitable a number of awards for industry-leading efficiency. The agency had international revenues of US$7.8 billion in 2020 throughout core providers together with valuation, consulting, venture & growth providers, capital markets, venture & occupier providers, industrial & logistics, retail and others. To be taught extra, go to 
www.cushmanwakefield.com.hk or observe us on LinkedIn (
https://www.linkedin.com/firm/cushman-&-wakefield-greater-china)
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