Jardine's Lookout house in $1b offer

A house on Perkins Road at Jardine's Lookout has been put up for sale with an indicative price of HK$1 billion.

The detached house at No 83 Perkins Road, with a site area of 13,040 square feet, is available for tender until October 20, said surveyor AG Wilkinson & Associates.

With a plot ratio of 0.6 times, it has 7,824 square feet of floor area which can be redeveloped, leading to a price of HK$12,781 per square foot.

The two-floor luxury house has a garden of nearly 10,000 square feet, a private pool and a parking lot and is also close to business districts such as Central and Causeway Bay.

The house is now held by a construction service provider, Nam Mui (Kin Kee) Company, which was established in 1970 and is controlled by a Chan family.

Owning some properties in Hong Kong, the landlord also cashed in HK$14.15 million by selling two units of Wilton Place in Mid-Levels two years ago.

On Perkins Road, a house of 9,185 square feet site area at No 81 was bought by a founder of Hopson Development (0754) Chu Mang-yee for HK$800 million in 2019, while a luxury property of 10,716 square feet site area at No 6 was purchased by Maxim's Caterers' chairman Lawrence Ng Wai-kwok for HK$700 million this June.

In other news, the mortgage-linked one-month Hong Kong Interbank Offered Rate rose by 5.7 basis points to 2.06484 percent yesterday, nearing the high of 2.15661 percent in February 2020.