No.159 Ki Lung Street #3967758 For Sale Property Detail Page

The entire building at 159 Kee Lung Street, Kowloon. Such properties, where the entire building is for sale, are extremely rare on the market. They possess significant long-term appreciation potential and redevelopment potential, making them ideal for investors seeking stable returns and flexible investment strategies.
1. Property Highlights and Key Data: Rare whole-building asset: Completed in 1963, the ground floor is commercial space (the ground floor floor height is 5.33 meters), and the 1st to 7th floors are residential/upper-level spaces, with a total gross floor area of approximately 6,096.68 square feet and a usable floor area of approximately 4,505.81 square feet (plus a platform and extension).
Flexible buying and selling: Currently sold partially vacant and partially with existing leases. You can either collect rental income for appreciation, or reclaim some floors for your own use or redevelopment.
Unrestricted lease: Land titles are "virtually unrestricted leases," which have very few restrictions except for undesirable industries, and offer a high degree of freedom in business operations.
2. Professional Analysis and Future Prospects ① Planning Advantages: Plot Ratio and Redevelopment Potential. The property is located in Residential (Category A) Zone 6. According to urban planning:
Plot ratio: up to 7.5 times (residential) or 9.0 times (commercial/residential/non-residential).
Height restrictions: The maximum height can be 80 meters above the main horizontal reference (if the site acquisition reaches 400 square meters or more, the restriction can be relaxed to 100 meters).
Commercial use: The building must have at least three floors and is usually permitted for commercial use such as restaurants, retail, offices, educational or training centers, without the need for complicated applications.

The entire building at 159 Kee Lung Street, Kowloon. Such properties, where the entire building is for sale, are extremely rare on the market. They possess significant long-term appreciation potential and redevelopment potential, making them ideal for investors seeking stable returns and flexible investment strategies.
1. Property Highlights and Key Data: Rare whole-building asset: Completed in 1963, the ground floor is commercial space (the ground floor floor height is 5.33 meters), and the 1s ...