Yau Tsim Mong

Serviced apartment in Tsim Sha Tsui Sale price: HK$254 million Rental price: HK$400,000 (Undercutting offer of HK$380,000; Owner under consideration) Site area: approximately 1,215 sq ft Total area: approximately 13,209 sq ft 33 rooms Ground floor entrance and loft restaurant Upper floors: hotel rooms Completed in 1982 Close to Tsim Sha Tsui MTR station Lease term: 150 years from December 25, 1898. Year of completion: 1982. Urban planning: According to the Outline Zoning Plan of Tsim Sha Tsui, number S/K1/28, the site is designated for “commercial (6)” use. The property was originally a 13-story commercial building, which was converted into a hotel in 2017. Currently, the ground floor houses the hotel entrance and restaurant; the loft is a restaurant; floors 1 to 3 and floors 5 to 12 are hotel rooms, providing a total of 33 rooms; the 4th floor is used for back-office facilities.