Hong Kong Properties Hong Kong Offices
Login Sign Up List your Property

Editor's Choices


Prime Location Alfresco Living

43-47 Third Street, Sai Ying Pun, Hong Kong

Layout:1 Bedroom(s); 1 Bathroom(s); Combined Living and Dining Room; 1 Terrace
Size: (S) 437 (G) 560 sq.ft.
Price : HKD 10,000,000

Prime Location Alfresco Living
This bright and airy, modern renovated one bedroom apartment is a perfect home for a young professional or couple yearning for huge private terrace.

Upon entering the apartment, you'll notice the built-in study immediately to the right, an ideal work space for work-at-home professionals. Further into the corridor on the right is the bedroom with a built-in double bed frame and pull-out drawers plus built-in wardrobe and cabinet along the wall, and to the left is the spacious bathroom with glass door shower stall. The open plan kitchen further enhances the feeling of spaciousness of the combined living and dining room. A minimalist design kitchen with white cupboards, induction hob, built-in oven and built-in refrigerator with freezer compartment.

Inviting you outside is the expansive alfresco terrace, a perfect extension to the dining area for entertaining family and friends. Resort-style, nicely tiled terrace with walls for privacy. Perfect space for pets to play or gardeners to grow fresh herbs, vegetables and citrus.

This apartment has lots of potential for people with imagination to perfectly combine indoor and outdoor living in the middle of the city. As an investment, the market rental for the property is HK$33,000 per month and should rise as the environment of the locality improves.

About Tong Nam Mansion

Completed in 1983, Tong Nam Mansion is a 23-storey residential building comprising 2 one-bedroom flats and 4 two-bedroom flats on each floor, and retail premises on the Ground Floor, and Lower Ground Floors. The building is served by two lifts, and is professionally managed with security guards on duty around the clock. Without resident’s facilities, management fees are kept at reasonable levels.

As the building is situated next to Sai Yin Pun market on Centre Street and within close proximity to supermarkets and a variety of shops, daily shopping is extremely convenient. Around the corner is the vibrant High Street where there are many trendy restaurants and pubs for dining out or entertaining. Daily commute is also very convenient as it is only two-minute walk from the Sai Ying Pun MTR station, and two stops from Central. To make life easy to scale the hill, Pedestrian Escalator is right next door.

Value of residential properties in the area have seen rapid appreciation since announcement of MTR access, and continue after the completion in 2017. Meanwhile, gentrification of the area is gaining momentum as more and more executives and expatriates choose to live in the neighbourhood and desirable retail establishments take over the shops once only occupied by workshops or low end mom and pop shops.

About Sai Ying Pun

After British army arrival at Possession Point (now Hollywood Park next to Possession Street) in 1841, the 800 or so volunteer soldiers from India and Bangladesh stationed in West Point (hillside of Water Street). Thereafter, the area west of Hollywood Park was called Sai Ying Pun 西營盤, meaning 'Western Garrison'. Flourishing trades required construction of piers, docks, warehouses, and properties to accommodate merchants for rice, dry seafoods, and herbal medicines, and the workers who supported these activities. Even today, one can still find remnants of the early colonial past in the district. World War II brought mass destruction, giving rise to reconstruction of many buildings to four to six storey tenement buildings with shops on ground floor. Rapid population growth and technological advancement necessitate these post war buildings to be redeveloped into highrises.

There are many prestigious colleges and schools can be found in this district, namely King's College, St. Clare Primary, St. Stephen Girls College, St. Paul College, etc.

Property values were suppressed as MTR somehow missed Sai Wan when the railway opened in 1979. Thanks to recent MTR access, the long forgotten sleepy Sai Wan is coming back in a vengeance. As old buildings are redeveloped, new home buyers and tenants are moving in, which attract new and upscale businesses to serve this new and more affluent customer base. The district is now flourishing as many new businesses are setting up, including chain stores, specialty stores, and trendy restaurants and pubs.


King's College


St. Paul’s College


The University of Hong Kong


High Street

Sai Ying Pun MTR


Sai Ying Pun Market


Centre Street


PMQ


Tai Kwun


Lan Kwai Fong

More Detailed Information

Price Last Updated : 2021-09-06
Property# : 100803