Prestigious Chung Hom Kok luxury estate up for tender

Hong Kong, 9 March 2026 – JLL has been appointed by the vendor as the sole agent for the sale of Belvedere, located at 41 Chung Hom Kok Road, by public tender. This rare, low-density residential enclave occupies a prime position and offers investors the dual flexibility of long-term rental yield and potential strata-title divestment. The tender will close at 12 noon on Tuesday, 28 April 2026, with an indicative price of approximately HKD 300 million.

Completed in 1980, Belvedere sits on a site of approximately 21,170 sq ft. The development comprises five two-storey houses with a total gross floor area of approximately 15,750 sq ft. The individual houses range from 3,150 to 3,709 sq ft in saleable area and are served by 12 private parking spaces. Nestled against the hillside and facing the ocean, the property offers a serene living environment with a high degree of privacy.

Situated in one of Southern District's most established luxury residential neighbourhoods, the property is just a few minutes' drive from Stanley Plaza and Stanley Market. It enjoys excellent connectivity, with key business districts such as Happy Valley, Causeway Bay, and Central reachable within a 15-to-20-minute drive. The area offers a comprehensive range of dining, shopping, and lifestyle amenities and is home to several top-tier schools, making it highly sought after by expatriate families and discerning buyers seeking a refined quality of life.

The property will be sold on an "as-is" basis, subject to existing tenancies and/or licences (if any), offering investors immediate rental income alongside long-term capital appreciation. Apart from holding the property for long-term rental income, buyers may also consider a strata-title sale of individual houses to realise cash. Given the persistent scarcity of detached house supply in the Southern District, strata title sales often achieve higher prices per sq ft compared with en-bloc transactions, offering investors significant potential returns.

Joseph Tsang, Chairman of JLL in Hong Kong, said: "Given the acute shortage of top-tier supply, luxury residential projects available for strata sale or lease in prime locations are extremely rare. As a traditional luxury enclave in Hong Kong, Chung Hom Kok offers a rare blend of tranquillity and convenience, consistently attracting affluent buyers from Hong Kong, Mainland China, and overseas. The property offered in this tender is located on a prime site within the district, which is exceptionally scarce and tightly held. With the added flexibility of a strata-title sale for individual houses, we anticipate this tender will attract strong interest from both investors and developers."