Savills Appointed Sole Agent for the Sale of a Portfolio of Properties at China Aerospace Centre, Mai Wo Industrial Building and Foo Yik Commercial Building

05 September 2023

Mr. Rick Lau, Deputy Senior Director, Industrial Development & Investment of Savills, stated, "We have been appointed by the landlord to sell the following portfolio of properties. The three office floors, rooftop, and 9 parking spaces in the Foo Yik Commercial Building in Tuen Mun have a gross floor area ranging from approximately 2,412 to 4,824 square feet. The prime location of this property offers unparalleled convenience, situated just a mere 5-minute walk away from the Tuen Mun MTR station. Exuding an exquisite decor, the property boasts immaculate and well-maintained bathrooms that are readily available for immediate use. Its layout makes it an ideal choice for various purposes, catering to religious groups, tuition centres, beauty salons, and more. Additionally, it's worth noting that the availability of office spaces in Tuen Mun is exceptionally limited, making this property an even more valuable find.

The China Aerospace Centre has a total gross floor area of about 63,534 square feet over 6 floors, each floor being 10,589 square feet. This remarkable industrial and trade building not only provides a breathtaking panoramic sea view but also offers a diverse range of potential uses. Large multinational corporations actively seek out its premises due to the exceptional surroundings and top-notch facilities it offers. Additionally, its proximity to several prominent landmarks in East Kowloon further enhances its appeal and desirability, such as The Millennity by Sun Hung Kai, KTR350 by Lawsgroup, APM, etc. The current asking price per square foot is HK$ 6,000.

The entire 3rd floor of Mai Wo Industrial Building in Kwai Chung has a gross floor area of 10,000 square feet, and the entire 4th floor has a floor area of 6,438 square feet, with a terrace of 3,500 square feet, totalling 16,438 square feet. Kwai Hing MTR station is in close proximity with 5-minute walk. The units are extremely suitable for mini-warehouse purposes, with an asking price per square foot of HK$ 3,500."

Mr. James Siu, Deputy Managing Director, Head of Kowloon said, “This portfolio of properties meets the needs of different enterprises. Also with their superior location and convenient transportation connections, they represent an attractive investment opportunity or potential for self-use.”

 
 

Key Contacts

James Siu

James Siu

Deputy Managing Director, Head of Kowloon
Industrial Development & Investment

Two Exchange Square

+852 2378 8628 / +852 9494 7621

 

Rick K C Lau

Rick K C Lau

Deputy Senior Director
Industrial Development & Investment

Two Exchange Square

+852 2378 8602 / +852 9430 1416