Sotheby’s Concierge Auctions: Bidding Opens at HKD$12 million for Hong Kong Estate within Prestigious Miami Crescent

The auction closes online on March 13th in cooperation with Eva Fung of List Sotheby’s International Realty, Hong Kong

NEW YORK, NY, UNITED STATES, February 24, 2025 /EINPresswire.com/ -- Sotheby’s Concierge Auctions announced today that bidding has officially opened at HKD$12 million for House 1, 328 Fan Kam Road, a rare property located within the prestigious Miami Crescent development in New Territories, Hong Kong, China. Listed for HKD$29.8 million in cooperation with Eva Fung of List Sotheby’s International Realty, Hong Kong, bidding for the designer home is open via the firm’s online marketplace and will culminate on 13 March.

Located mere steps from the famed Hong Kong Golf Club, Fanling Course, the residence melds modern luxury with the tranquility of the lush countryside. Featuring high ceilings, glass walls, skylights, and an open floor plan, the home is flooded with natural light, creating a seamless connection between indoor and outdoor spaces. Bespoke furnishings, artisanal light fixtures, and finishes sourced from around the globe elevate the interiors.

“The seamless integration of bespoke design elements, coupled with the tranquil and private setting of the Miami Crescent, truly sets this home apart,” said Fung. “We’re excited to bring this magnificent property to the world stage, offering discerning buyers the rare opportunity to secure a home that epitomizes the finest in Hong Kong luxury living.”

The large living and dining areas flow into an L-shaped private garden, overlooked by a spacious balcony providing the perfect setting for al fresco dining. With two state-of-the-art open kitchens, the home is fit for entertaining. The top level of the home is comprised of the primary suite, including a private terrace, dual walk-in closets, and a Greece-inspired spa bath. A second ensuite bedroom also offers balcony access.

Additional features include a glass-enclosed utility area and a private garage accommodating 1-2 cars. The Miami Crescent community offers 24-hour professional security, a clubhouse with a landscaped swimming pool, and high-standard management services, ensuring both privacy and resort-style living.
Joyce Lee, Director of Business Development at Sotheby's Concierge Auctions, added, “The Hong Kong real estate market is incredibly competitive, and we’re excited to provide a new way for buyers to access such a rare gem. Miami Crescent offers an unparalleled lifestyle, and this auction represents a rare opportunity to acquire a truly exceptional home.”

Fanling, located in the New Territories of Hong Kong, blends natural beauty with modern practicalities. Surrounded by lush green hills, the area offers many activities for outdoor enthusiasts, including proximity to the Fanling Golf Club. A 15-minute drive leads to the China border and the charming Tai Po, boasting waterfront dining, bustling local markets, and the Tai Po Mega Mall. Notable restaurants like Michelin-recommended Chan Hon Kee are easily accessible, and public transportation makes accessing the heart of Hong Kong, with schools, shopping, and renowned outdoor attractions convenient.

Images of the property can be viewed here. All photo credits should be provided to Sotheby's International Realty Hong Kong.

House 1, Miami Crescent, 328 Fan Kam Road is available for private showings by appointment, in person or virtually.

As part of Sotheby's Concierge Auctions' Key For Key^® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need.

Property and opportunity details provided by seller or others; buyer to verify. Agents will be compensated according to the terms and conditions of the Listing Agreement. See Auction Terms and Conditions for full details.

For more information, including property details, diligence documents, and more, visit ConciergeAuctions.com or call +1.212.202.2940.

About Concierge Auctions
Concierge Auctions is the world’s best luxury real estate auction marketplace, with state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry's leading brokerages to host luxury auctions for clients. For Sotheby's International Realty listings and companies, Concierge Auctions provides Sotheby’s brand exclusivity as Sotheby's Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and sold properties in 46 U.S. states and 35 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key^® giving program in partnership with Giveback Homes™, which funds new homes for families in need from every property the company sells. For more information, visit ConciergeAuctions.com.

About Sotheby's International Realty
Sotheby's International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby's auction house. Today, the company's global footprint spans more than 1,100 offices located in 83 countries and territories worldwide, including 48 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Anywhere Real Estate Inc. entered a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby’s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

The affiliate network is operated by Sotheby’s International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc. Both entities are subsidiaries of Anywhere Real Estate Inc. (NYSE: HOUS) a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Both Sotheby’s International Realty Affiliates LLC and Sotheby’s International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

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Kari Hegarty
BerlinRosen
+1 845-548-9216
email us here

328 Fan Kam Road | New Territories, Hong Kong, China