A prestigious residential site located in Hong Kong's exclusive Chung Hom Kok area has been made available for sale, presenting a rare opportunity for redevelopment into an ultra-luxury housing project. Spanning approximately 102,000 square feet, the property at 3-7 Horizon Drive offers panoramic sea views and is currently the largest luxury residential lot available for private sale in Hong Kong, as per JLL. The site permits a maximum gross floor area of 57,375 square feet with a total saleable area of 55,914 square feet. With its advantageous location near amenities and major transport hubs, this development carries significant potential for transformation.

This remarkable property features a plot ratio of only 0.56, enabling lower density and enhanced privacy compared to other high-end projects across Hong Kong. Constructed originally in 1977, the current complex comprises 12 apartments and 18 houses. Each apartment provides 1,469 square feet of saleable space, while the houses range between 1,872 and 2,637 square feet. Positioned within a distinguished residential enclave, it enjoys proximity to the Dairy Farm Chung Hom Kok Shopping Mall and is about a 10-minute drive from MTR Ocean Park Station. Moreover, central business districts like Happy Valley, Causeway Bay, and Central are accessible within 15 to 20 minutes.

The site is classified under the "Residential R (C)" zone according to the Stanley Outline Zoning Plan No. S/H19/16, allowing for redevelopment into three-story detached homes featuring open carports. The sale will proceed on an “as-is” basis, considering existing tenancies. Currently, eight apartments and 14 houses are occupied, while four apartments and four houses remain vacant. This setup presents buyers with flexibility and diverse possibilities for future development plans.

With its strategic location and generous space allowances, this site represents an unparalleled opportunity for investors or developers looking to create an exclusive ultra-luxury housing project in one of Hong Kong’s most sought-after neighborhoods. Its low-density design, combined with breathtaking sea views and easy access to urban conveniences, makes it an attractive proposition for those aiming to redefine luxury living in the city.