Savills Appointed Sole Agent for the Tender Sale of a Rare Unit at The Arch

21 July 2023

The Property is a highly coveted unit, one of only 10 of its kind in the entire development, making it an exceptionally unique offering. Nestled on the Unit B, 77th floor of The Arch – Sun Tower, the unit offers breathtaking panoramas of Victoria Harbour. It is strategically located above Kowloon Station and linked to the Airport Express. Adjacent to the Hong Kong West Kowloon Station and the entrance to the Western Harbour Tunnel, residents have effortless access to the central business district and other cities in Mainland China.

This property offers a range of lavish amenities that provide residents with an exceptional experience of luxury living. These amenities include a 100,000 square feet clubhouse, sky garden, sky pool, gym, and various other facilities. Moreover, the property is conveniently connected to Elements, an upscale shopping mall and International Commerce Centre (ICC), as well as The Ritz-Carlton, providing unparalleled convenience and lifestyle opportunities.

Mr. Ricky Tsang, Senior Associate Director, Investment of Savills, stated, "The Property is currently listed at a price of HK$150 million, inclusive of one car parking space. This equates to a price per square foot of approximately HK$81,433. The most recent comparable transaction was a unit at 88A, The Cullinan - Diamond Sky, which encompassed a saleable area of 1,535 square feet and sold for approximately HK$140 million earlier this year in March. This sale translated to a price per square foot of approximately HK$92,479. This comparison suggests that the sales price of this property is highly competitive. Additionally, no similar units have been sold in the past decade, making this a rare opportunity that potential buyers, whether seeking for personal use or investment, are encouraged not to overlook.”

 
 

Key Contacts

Ricky W.M. Tsang

Ricky W.M. Tsang

Senior Associate Director II
Investment

Two Exchange Square

+852 2840 4879 / +852 9101 5580

 

David Ku

David Ku

Senior Manager
Residential Sales - Development and Investment

Two Exchange Square

+852 2840 4691 / +852 9805 5703