82.1% undivided shares of Yee Lin Mansion launched for collective sale
It will be sold via expression of interest.
Over 80% of the undivided shares of Yee Lin Mansion have been launched for collective sale via expression of interest (EOI).
The EOIs for 82.1% of Yee Lin Mansion's shares must be submitted to the property's marketing agent, JLL, by noon on 7 October.
The Yee Lin Mansion, located at No. 54A-54D Conduit Road, Mid-Levels West, has a site area of 11,253 sq ft and is zoned as "Residential (Group B)" under the Mid-Levels West Outline Zoning Plan No. S/H11/15.
The luxury residential site has 28 units, 28 car parking spaces and a 999-year lease.
"The latest available site with an area of more than 10,000 sq ft in Conduit Road was in many years ago. Given that the shape of this flat site is suitable for building a residential project, this is a rare opportunity for developers to invest in this prime location," Danny Chan, executive director of Capital Markets at JLL, said.