Savills News

Savills Appointed as Sole Agent for the Tender Sale of a Portfolio of Quality Residential Properties By the Order of the Owner

International real estate firm Savills Realty Limited has been appointed as the sole agent for the tender sale of two premium residential units, includes Penthouse C and D, 25/F, Padek Palace, 377 Prince Edward Road West, Ho Man Tin and House No. B12, Regalia Bay, 88 Wong Ma Kok Road, Stanley. The tender closes at noon on 8 December 2026 (Tuesday).

Penthouse C and D, 25/F, Padek Palace, 377 Prince Edward Road West, Ho Man Tin

This rare penthouse residence comprises two interconnected units on the top floor, offering a combined saleable area of approximately 1,246 sq ft, complemented by a private rooftop of approximately 702 sq ft with direct internal staircase access. Such penthouse residences with substantial private outdoor space are seldom available in the market, presenting a unique opportunity for discerning purchasers seeking exclusivity and lifestyle quality.

Commanding a highly desirable three-sided exposure and occupying a prominent corner position, the property is designed with four bedrooms, including two en-suite bedrooms and a separate helper’s room. The efficient layout maximizes space and natural light, while three extra private car parking spaces is available for further enhance the convenience and practicality sought by modern families. The residence enjoys sweeping views of Lion Rock and the Kai Tak area, seamlessly blending vibrant cityscapes with natural scenery to create an exceptional living environment.

Situated in the heart of Ho Man Tin, one of Kowloon’s established luxury residential districts, the property enjoys superb connectivity with easy access to Prince Edward Road West and Argyle Street, while just 20 metres from Sung Wong Toi MTR Station. The residence also falls within the prestigious School Net 34, home to renowned educational institutions including Heep Yunn Primary School, St. Rose of Lima's School and ESF schools, making it particularly attractive to families placing a premium on quality education.

Combining a prestigious address, highly sought-after school network, panoramic views and a distinctive penthouse configuration, the property offers both exceptional owner-occupier appeal and strong long-term capital preservation potential.

The indicative price is HKD 29.988 million (including 2 units with 1 covered car parking space, with two additional parking spaces available at an indicative price of HK$2 million each), equivalent to only HKD 24,067 per saleable sq ft, representing a significant discount compared with comparable penthouse units in the district.

 

House No. B12, Regalia Bay, 88 Wong Ma Kok Road, Stanley

 

Offering a saleable area of approximately 2,790 sq ft, this elegant, detached house features a spacious private garden, extensive rooftop and large balcony (approx. over 2,000 sq ft) providing a rare combination of outdoor living space, privacy and understated luxury. The residence is beautifully appointed with contemporary interiors and includes separate living and dining areas together with a family room, creating the perfect balance between everyday family living and sophisticated entertaining.

The house comprises five bedrooms, including three en-suite bedrooms, a separate helper’s room and is further enhanced by a private two-car garage, making it an ideal residence for larger families and those seeking a premium lifestyle.

Located within one of Hong Kong Island South's most prestigious residential enclaves, Regalia Bay is a low-density waterfront community surrounded by lush greenery and enjoying open sea views. The tranquil environment allows residents to experience a resort-style lifestyle while remaining conveniently connected to the city.

 

Residents enjoy access to comprehensive clubhouse facilities, including an outdoor swimming pool, fitness center, multi-purpose function rooms, children's playroom and exclusive shuttle bus services. Central, Admiralty and Causeway Bay are all within approximately 20-30 minutes' drive, while numerous international schools and leading educational institutions are located nearby. Stanley Plaza and Stanley Market are only around five minutes away, offering a diverse range of dining, shopping and leisure options.

The indicative price is HKD 53.88 million, equivalent to only HKD 19,312 per saleable sq ft. Compared with other old building age sea-view detached houses in the same district , the indicative rate represents exceptional value, making this a truly rare acquisition opportunity in the Southern luxury residential market.

Mr. Keith Chang, Senior Director, Residential Sales at Savills Hong Kong said, “The two residential properties offered by tender are both rare luxury assets with distinct appeal. The penthouse at Padek Palace benefits from a private rooftop and the highly sought-after School Net 34, making it particularly attractive to family buyers. Meanwhile, the detached house at Regalia Bay offers generous living space, a private garden and rooftop, stunning sea views, and comprehensive clubhouse facilities, showcasing the unique lifestyle of the Southern District. Luxury residential market sentiment has continued to improve, with quality and distinctive homes attracting strong interest from high-net-worth families and investors. Both properties enjoy excellent location, views and lifestyle offerings, making them exceptional opportunities in the market.”

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