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There is a residential block called "Hoi Ming Court" in the middle of the construction site of the Cherry Street Project, but Hoi Ming Court was excluded from the redevelopment project due to its young age. Nan Fung Development, one of the project's property developers, tried to acquire the block for the whole redevelopment. However, both Nan Fung and URA thought that the acquisition cost raised by flat owners was too high and finally gave up the acquisition plan. Hoi Ming Court was just left and Florient Rise was built around Hoi Ming Court. Source: Wikipedia
Hoi Ming Court was completed in May 1995. It is now 20 years old in 2015. There are totally 30 residential units in 15 storeys. Saleable area is 241 square feet.
It is now surrounded by Florent Rise (海桃灣) of 54 storeys. Particularly for the lower storeys, sunlight and ventilation are blocked in different extent.
It is said that in November 2004, five owners of Hoi Ming Court asked for gross price at HK$10,000 per square foot. At that time, the best offer was already HK$6,216, it was already 100% higher than market price.
There are four shops on the ground floor.
The main entrance
Hoi Ming Court is the baby building behind the green traffic lamp. It is like an orphan. Or, it is like a dwarf surrounded by giants.
Hoi Ming Court
8-12 Chun Wing Street, Taikoktsui.
海明閣
大角咀振榮街8-12號
Islet Relics /2015
