JLL opens $300m tender for Belvedere in Chung Hom Kok

The sale follows an 'as-is' basis with investment options.

Belvedere at 41 Chung Hom Kok Road is up for tender until 12 noon on 28 April 2026—valued at $300m—with JLL as the sole agent for the sale.

The 21,170 -square-foot seafront site contains five two-storey houses, with a total gross floor area of 15,750 sq ft. Individual houses range from 3,150 sq ft to 3,709 sq ft in saleable area. The property includes 12 parking spaces.

The vendor is selling the asset on an "as-is" basis, subject to existing tenancies and licences. Buyers can hold the property for rental income or sell individual houses through strata-title divestment.

Strata-title sale prices per sq ft exceed prices for en-bloc transactions in the Southern District, according to JLL.

The estate, completed in 1980, sits near Stanley Plaza and Stanley Market. Drive times to Central, Causeway Bay, and Happy Valley range from 15 to 20 minutes. The area also contains schools, dining options, and lifestyle amenities.

Joseph Tsang, Chairman of JLL in Hong Kong, said the supply of luxury projects for sale or lease in these locations remains low. He stated that the district attracts buyers from Hong Kong, Mainland China, and overseas.

Tsang expects interest from investors and developers due to the option for strata-title sales.