International real estate firm Savills has been appointed as the sole agent for the sale of Shop A&C2 on G/F, Kwai Wah House, Nos. 132 – 134 Fuk W Street, Sham Shui Po ("The Property"). Shop A has a gross area of approximately 534 square feet, while Shop C2 measures around 418 square feet. Both units will be sold 'as-is' with existing tenancies and are available for purchase separately.
This Property is situated in the heart of Sham Shui Po's prime commercial district, enjoying an exceptional location. With a wide frontage facing Kweilin Street, it occupies a bustling intersection near the Sham Shui Po MTR station exit, directly opposite the famous Hong Kong landmark—the "Golden Computer Arcade" on Fuk Wa Street's pedestrian zone.
Surrounded by a well-established business hub, the area features a diverse mix of specialty restaurants, boutique shops, and electronics stores. It serves as a popular shopping destination for locals, out-of-district visitors, and tourists, drawing heavy foot traffic from morning to night. This ensures stable and diverse patronage, making it a highly valuable long-term investment.
Mr. Raymond Wan, Chief Senior Director of Investment at Savills Hong Kong said, “This Property occupies a golden location, enjoying exceptionally high foot traffic on both weekdays and weekends. Situated in a traditional telecom hub, it has long been sought after by major telecommunications providers, ensuring unwavering rental demand. Remarkably, the unit has never experienced vacancy — even during market downturns.
Currently offered for sale with an existing lease to leading telecom companies, each shop has an indicative price of HKD 65 million, with a monthly rent of over HKD 200,000, yielding over 4% in rental returns, providing immediate and reliable returns to buyers. Notably, this shop space has remained off the market for the past two decades, presenting a rare investment opportunity that discerning investors cannot afford to overlook.”