Description

A rare residential redevelopment opportunity in the heart of Kowloon City, offered with vacant possession for immediate development. The site spans 3,042 sq. ft. and allows a maximum GFA of approximately 27,378 sq. ft.—making it ideally suited for a premium, mid-rise residential project in a highly sought-after urban enclave.

Strategically located within Primary One Admission School Net 41 and just a 5-minute walk to Sung Wong Toi Station (Tuen Ma Line), the site enjoys direct access to Kai Tak and seamless connectivity across Hong Kong. It sits within an active Urban Renewal Authority revitalization zone, benefiting from ongoing public realm upgrades and strong neighborhood regeneration momentum.

Surrounded by established amenities, prestigious schools, and Kowloon Walled City Park, the property appeals to both end-users and investors seeking long-term capital appreciation and rental demand in a mature, well-connected urban enclave.

Tender closes at 12:00 noon on Tuesday, 18 August 2026.

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Attributes

Land area gross

283 m²

Building area gross

2,543 m²

Zoning

Residential (Group A)2

Media

Investment Highlights

Prime Urban Redevelopment Opportunity: The site at Nos. 93–95 Hau Wong Road offers a rare Class A residential redevelopment opportunity in Kowloon City with vacant possession, enabling immediate project commencement.
Strong Planning Parameters: Upon redevelopment, the maximum GFA is approximately 27,378 sq. ft. on a 3,042 sq. ft. site, the property benefits from a generous plot ratio under the Residential (Group A)2 zoning, supporting high-density residential development.
Exceptional Location & Connectivity: Situated within Primary One Admission School Net 41 and just a 5-minute walk to Sung Wong Toi Station (Tuen Ma Line), the site provides direct access to Kai Tak and seamless connectivity across Hong Kong, enhancing its appeal to end-users and investors.
Surrounding Regeneration Momentum: Located within the Urban Renewal Authority’s active revitalization zone, the area is undergoing significant upgrades—including pedestrian networks, green spaces, and public realm improvements—boosting long-term value and livability.
Robust Demand Fundamentals: Proximity to Kowloon Walled City Park, established neighborhood amenities, and the expanding Kai Tak Development Area creates sustained demand from both owner-occupiers and rental investors, underpinning stable returns and capital appreciation.