A portfolio of properties on Level 3 at Kwai Chung Plaza for Sale

International real estate firm Savills is appointed as the sole agent for the sale of a portfolio of properties on Level 3 at Kwai Chung Plaza, 7 – 11 Kwai Foo Road, Kwai Chung, properties includes Shops 82 and 83 of Restaurant 6 together with Restaurant 6,7’s store room (as known as Trendy Place) and Restaurant 7 with its store room ("The Property"). The total gross area of the is approximately 11,667 square feet and is being sold on an 'as-is' basis with existing tenancies.

Kwai Chung Plaza is one of the landmark shopping plazas in the area. All retail units in the property for sale are fully leased, with tenants spanning restaurants, fashion, and other shops, creating a diverse commercial atmosphere. The Property enjoys an extremely advantageous location, adjacent to several residential complexes and schools, which attracts a steady flow of foot traffic. Additionally, the plaza features a pedestrian bridge connecting it to Metroplaza and Kwai Fong MTR Station, while the surrounding area is served by multiple minibus and bus stops, ensuring excellent transportation access.

Mr. Raymond Wan, Chief Senior Director, Investment, Savills Hong Kong said,

“The latest valuation for the Property HKD 400 million, with an occupancy rate of 100% and a monthly net rental income exceeding HKD 1 million, providing buyers with immediate and stable rental income. Additionally, Kwai Chung Plaza is a well-known ‘Food Paradise’ in Hong Kong. It is not only the preferred shopping destination for nearby residents but also attracts many visitors from outside the area, including young people, ensuring a continuous flow of foot traffic and commercial potential for the plaza. Furthermore, the HKMA will relax mortgage regulations for non-residential properties, making this an ideal investment choice for investors.”

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