Whole Building for Sale in High Street

HK$35M for Sale

High Street

Building

Sai Ying Pun

2,754

Sq. Ft. (Gross)

3951

Location and General Information

Located at 99B High Street, this whole-building property offers a rare investment opportunity in the Mid-Levels West / Sai Ying Pun area, close to The University of Hong Kong.

The property comprises multiple floors with a gross floor area of approximately 720 sq. ft. on G/F and net areas of approximately 339 sq. ft. per upper floor. Some floors benefit from terrace or flat roof space, adding flexibility for future use or enhancement.

With its location near HKU, the property may be suitable for conversion or operation as student accommodation, subject to relevant approvals. The building also offers potential redevelopment value and currently generates rental income, making it attractive for investors seeking long-term upside in a well-connected residential and education-driven district.

The asking price is HK$35 million.

Property Details

Address: 99B High Street, Hong Kong
Chinese Address: 99B 高街
Type: Whole building
Transaction: For sale
Asking Price: HK$35 million
Location: Near The University of Hong Kong
Ground Floor Gross Area: Approx. 720 sq. ft.
1/F Net Area: Approx. 339 sq. ft. with flat roof
2/F – 4/F Net Area: Approx. 339 sq. ft. each
5/F Net Area: Approx. 339 sq. ft. with roof terrace
Features: Rear yard, redevelopment value, income-producing property
Possible Use: Investment, student accommodation, residential rental, redevelopment
Current Rental Income: Approx. HK$100,000 per month
Indicative Yield: Approx. 3.4% per annum
Date on Listing: 25 October 2025

Key Selling Points

Rare whole-building sale
Located near HKU
Suitable for investment or long-term holding
Potential student accommodation use
Existing rental income
Potential redevelopment value
Approx. 3.4% annual return based on listed figures
Includes terrace / flat roof features on selected floors

‍

Amenities

Air

Air Conditionning

Independant A/C

Deck

Outdoor Space

Toilets

CONTRACT

Licence

SHelves

Fitted Out

water_Drop

Water Supply

propane_tank

Gas Supply

bolt

Electricity

Pricing details

Sale Price :

HK$35M for Sale

Management Fee :

Government Rate :

WhatsApp Us

Send Inquiry

About the neighbourhood

Sai Ying Pun, a vibrant neighborhood on the western side of Hong Kong Island, is rapidly emerging as a prime destination for entrepreneurs looking to open shops or restaurants. Known for its rich cultural heritage and dynamic community, Sai Ying Pun seamlessly blends traditional charm with modern developments. The area is characterized by its historic architecture, bustling streets, and a diverse mix of local and international residents, creating a unique atmosphere for businesses. With its strategic location near the Central Business District, Sai Ying Pun benefits from excellent accessibility via the MTR and bus routes, ensuring a steady flow of foot traffic throughout the day. The neighborhood's evolving landscape is marked by an influx of trendy cafes, innovative eateries, and boutique shops, attracting both locals and visitors eager to explore its culinary and retail offerings. As the area continues to develop, Sai Ying Pun presents exciting opportunities for those looking to establish a presence in a community that values creativity, quality, and diversity. For aspiring business owners, Sai Ying Pun is not just a location; it's a thriving ecosystem ready to support the next wave of culinary and retail ventures.