Description

Appointed Sole Agent by order of the Receivers, Jones Lang LaSalle (JLL) is pleased to present an exceptional investment opportunity located at the heart of Tsim Sha Tsui.

85% UNDIVIDED SHARES OF NOS. 61, 63, 65, 67, 69, 71, 73 & 75 GRANVILLE ROAD, TSIM SHA TSUI

For Sale by Public Tender

(Unless previously sold or withdrawn)

Tender Closing Date:

12:00 noon, 16 September 2026 (Wednesday)

This offering represents a unique opportunity to invest in a prime asset nestled within one of Hong Kong's most vibrant districts. This property provides significant development potential and exceptional value-add opportunities. As an iconic location in Kowloon, it benefits from high pedestrian traffic and robust market demand, underpinning its investment appeal.

Situated in Tsim Sha Tsui, a key commercial hub, the property is perfectly positioned to capitalize on the district's continuous urban transformation and connectivity enhancements. The area is well-serviced by extensive transportation links, including MTR access and major bus routes, ensuring seamless connectivity to other parts of the city and strategic proximity to shopping complexes and cultural landmarks.

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Attributes

Land area gross

1,147 m²

Building area gross

13,759 m²

Media

Investment Highlights

Rare city-center redevelopment opportunity – sizable site area of approx. 12,342 sq. ft. Based on OZP notes, the max. plot ratio is 12.0 for commercial developments, equivalent to a max. GFA of approx. 148,104 sq. ft.
Ultra-wide street frontage with over 150 ft high-visibility frontage along Granville Road.
Prime dual MTR access, approx. 6-minute walk to TST and East TST MTR stations.
85% undivided shares exceed statutory threshold under the Land (Compulsory Sale for Redevelopment) Ordinance, enabling compulsory acquisition of remaining interests to achieve 100% ownership.
The site is zoned “Commercial” under the OZP, permitting hotel, office, retail, or Ginza-style developments. Additional upside includes residential redevelopment, which is feasible without lease modification. As “Flat” is listed under Column 2 of the OZP, it is subject to Section 16 approval from the Town Planning Board.
High amalgamation upside and excellent potential to merge with adjacent lots for mega-scale redevelopment.