No. 25 La Salle Road, Kowloon Tong Becomes Bank-Owned Property: HSBC Mortgagee Sale
No. 25 La Salle Road, Kowloon Tong (formerly known as La Salle Court), privately held by former Road King Infrastructure (01098.HK) chairman Stanway Shan, suddenly canceled the previously issued sales arrangement and listed on the webpage that HSBC is selling the property as mortgagee, meaning the project has been taken over by the bank and become a bank-owned property.
No. 25 La Salle Road yesterday (10th) uploaded a sales arrangement with the content 'Terminate the sales arrangement issued on May 22, 2026' and stated that the previous sales arrangement was not issued by HSBC.
No. 25 La Salle Road offers a total of 4 units, which have remained unsold since their launch in 2015. All 4 units are duplexes with saleable areas from 4,801 to 5,295 sq ft.
