Savills News

Sale of Success Centre, an En-bloc Prime Commercial Building in Kwai Chung

International real estate firm Savills has been appointed as the sole agent in relation to the en-bloc sale of Success Centre (Property Number: IND20220111S) ("The Property"), a prime commercial building located at 38 Ta Chuen Ping Street in Kwai Chung. The Property is a mixed-use building of 29 storeys with a total gross floor area of approximately 240,128 square feet, which consists of both retail (Ground floor, 3/F to 9/F) and office (10/F to 28/F) floors. It also features an outdoor area on the 3/F which is the rooftop of the podium.

Situated at the core of the business hub in Kwai Chung, the Property enjoys easy access to major commercial developments such as Kowloon Commercial Centre (KCC) and iCITY, and residential cluster of The Apex and Silka Tsuen Wan Hotel. The Property has many prominent signage spots which will add to its advertising value.

James Siu, Deputy Managing Director, Head of Kowloon, Savills said, "Many enterprises, hotels and data centers have moved into the new commercial developments in Kwai Chung in recent years. Investment interest is shown in the remarkable transactions including Toppy Tower at 45-51 Kwok Shui Road, which was sold to ATAL for HK$585 million, and GDS Holdings Limited's purchase of multiple sites for its data center development plans."

Mr. Siu added, "The Property has been revitalised in 2020 and now comes with stylish fit out, highly usable floor layout and adequate parking spaces, making it ideal for headquarters use or for long-term investment. We expect the Property will benefit from the rapid development of the Kwai Ching business district and attract investors' attention."

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