Photo from Knight Frank.

Four pairs of six-storey tenement buildings collectively sold for $697m

The property was acquired by the top bidder Ever Great Development Limited.

A property composed of four pairs of six-storey tenement buildings located at Tai Kok Tsui Road was collectively sold to Ever Great Development Limited for $697m via public auction.

In a statement, Knight Frank said the property at Nos. 177, 179, 181, 183, 185, 187, 189 & 191 Tai Kok Tsui Road, Kowloon falls within an area zoned as “Residential” and has a site area of around 8,995 square feet.

ALSO READ: Sale of residential units sluggish in the first half of 2023

The developments in its vicinity are composed of medium to high-rise tenement buildings and recreational facilities.

Public transport facilities are accessible along Tai Kok Road, whilst the Prince Edward MTR Station is within a 10-minute walk.

The property was sold following the order for sale made by the Lands Tribunal under the Land (Compulsory Sale for Redevelopment) Ordinance.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Bank of East Asia unveils mobile app with personalised interface
Users can create shortcuts for frequently performed tasks and can avail of rewards.
GHG emissions tools launched in HK
These tools will assist SME and financial firms in the city with sustainability reporting.
Energy & Offshore


HK scraps MPF Offsetting Scheme to enhance employee protection
Starting 2025, employers are no longer allowed to offset long service and severance payments from its Mandatory Provident Fund contributions.