Bids invited for five former government quarters

The Government Property Agency is inviting tenders for the purchase of five former government quarters, each consisting of one flat with a car-parking space.

They are located at Baguio Villa in Pok Fu Lam, Elm Tree Towers in Tai Hang, MacDonnell House and Po Shan Mansions in Mid-levels and Wilshire Towers in North Point on Hong Kong Island.

The two at MacDonnell House and Po Shan Mansions will be sold with vacant possession, and the remaining three sold with existing tenancies.

Tenderers must submit their bids before noon on April 9.

Meanwhile, about 2,100 checks were received for 227 units on offer at Grand Victoria phase one in West Kowloon - an oversubscription of about 8 times. The property in Cheung Sha Wan is being developed by Wheelock Properties, Sino Land (0083), K Wah International (0173), Shimao (0813) and SEA Holdings (0251).

CK Asset (1113) will offer a 2,995-sq-ft unit at 21 Borrett Road in the Mid-Levels for sale by tender on Monday.

The developer sold a 3,378-sq-ft penthouse last month at the project with a private pool for HK$459.4 million, or HK$136,000 per sq ft, along with three parking spaces, with the per-sq-ft price hitting a new high among flats in Asia.

In the secondary market, an 809-sq-ft flat at Caribbean Coast in Tung Chung changed hands for HK$9.6 million, or HK$11,867 per sq ft. The vendor, who bought the unit for HK$4.04 million, will gain HK$5.56 million.

Separately, Wharf (0004) rented a 7,704-sq-ft luxury house at 11 Plantation Road at The Peak for HK$880,000 per month, or HK$114 per sq ft.