Remodeled 1960s Building in HK Commands Top Rent

The video explores the transformation of a 1962 Tong Lau building in Kennedy Town, Hong Kong. Developer Victoria Allen chose to preserve and modernize the building, maintaining its original charm while expanding its space. Despite challenges like obtaining approvals and financing, the project was completed with private investment. The building now features one unit per floor, a rooftop with a view, and rents at a premium price. The project highlights the importance of preserving Hong Kong's architectural heritage while adapting to modern needs.

What was the initial reaction of most developers towards the 1962 building in Kennedy Town?

• They considered tearing it down.

• They planned to renovate it.

• They ignored it completely.

• They wanted to preserve it.

What was one of the original features of the building that was retained during the restoration?

• The wooden flooring

• The basement storage

• The curved corner

• The rooftop garden

What was a major financial challenge faced during the building's restoration?

• Rising property taxes

• Inability to secure a bank loan

• Lack of investor interest

• High construction costs

What modern feature was added to the building to enhance its appeal?

• An elevator to the top floor

• A gymnasium

• A parking garage

• A swimming pool

What is the significance of maintaining the building's original name, 'Tong Fat'?

• It symbolizes prosperity and unity.

• It was a requirement by the local government.

• It reflects the building's historical value.

• It was the name of the original owner.