Two Luxury Properties Open for Tender; Stanley House Priced at HK$53.88M
AM730 · 2 SOURCESabout 3 hours ago6 MIN
Summary
Two luxury residential properties in Hong Kong have been launched for public tender through international property consultancy Savills (第一太平戴維斯). The properties include a rare top-floor connected unit at The Regent in Ho Man Tin and an independent house at Fairview Garden (富豪海灣) in Stanley. The Ho Man Tin unit is priced at HK$29.988 million with a private rooftop spanning 702 sq ft, while the Stanley house carries a guide price of HK$53.88 million. Both properties are held by the same owner group and the tender will close on December 8, 2026 at noon .
Key Points
- The Ho Man Tin property at The Regent (柏德豪廷) on Prince Edward Road West comprises units C and D on the 25th floor, with a combined usable area of 1,246 sq ft and an additional 702 sq ft private rooftop accessible via an internal staircase .
- The Ho Man Tin unit features a four-bedroom dual-ensuite layout plus a domestic helper's room, with three private parking spaces available; the guide price of HK$29.988 million includes one covered parking space, with additional spaces priced at HK$2 million each .
- The Stanley house at Fairview Garden (富豪海灣) B12 on Wong Ma Kok Road offers 2,790 sq ft of usable area with over 2,000 sq ft of private garden, rooftop, and terrace space; the five-bedroom triple-ensuite house includes a garage for two vehicles .
- The Stanley house was purchased in 2018 for HK$62 million, making the current guide price of HK$53.88 million approximately HK$8.12 million below the original acquisition cost .
- The Stanley property commands a price per sq ft of approximately HK$19,312, which is notably lower than comparable second-hand sea-view houses of similar or older vintage in the same district .
Why It Matters
The simultaneous tender of two premium properties by the same owner group suggests a strategic portfolio adjustment that could signal shifting sentiment among Hong Kong's high-net-worth property owners. The Stanley house's asking price represents an HK$8.12 million discount from its 2018 purchase price, offering potential buyers a rare opportunity to acquire a low-density seafront house in Hong Kong's exclusive Southern District at a relatively attractive entry point. This tender follows a period of improving sentiment in the luxury residential market, with affluent local families and long-term investors showing renewed interest in distinctive, large-format properties .
The simultaneous tender of two premium properties by the same owner group suggests a strategic portfolio adjustment that could signal shifting sentiment among Hong Kong's high-net-worth property owners. The Stanley house's asking price represents an HK$8.12 million discount from its 2018 purchase price, offering potential buyers a rare opportunity to acquire a low-density seafront house in Hong Kong's exclusive Southern District at a relatively attractive entry point. This tender follows a period of improving sentiment in the luxury residential market, with affluent local families and long-term investors showing renewed interest in distinctive, large-format properties .