International real estate firm Savills has been appointed as the sole agent for the sale of Maykong Godown and Maykong Godown No.2, 364 – 372 Castle Peak Rd – Tsuen Wan & 13 – 19 Mei Wan Street ("The Property"). The site area of the Property is approximately 70,498 square feet, with a total gross floor area of about 183,405 square feet*. The Expression of Interest closing date is scheduled for noon on 10, October 2025 (Friday).
Maykong Godown is a three-storey warehouse, with each floor approximately 28,044 square feet, totaling a gross floor area of about 84,132 square feet. The floor-to-floor height ranges from approximately 3.93m to 4.95m, and the floor loading capacity reaches 300 pounds per square foot.
Maykong Godown No.2, on the other hand, is a four-storey industrial building, with each floor spanning approximately 24,539 to 25,656 square feet, totaling a gross floor area of about 99,273 square feet. The floor-to-floor height ranges from approximately 3.03m to 3.66m, and the floor loading capacity is 150 pounds per square foot.
The Property is located in the prime central area of Tsuen Wan, just a five-minute walk from Tsuen Wan MTR Station. They also boast a wide frontage along Castle Peak Road, complemented by a well-developed bus route network in the surrounding area, offering exceptional transportation convenience.
Mr. Raymond Wan, Chief Senior Director, Investment at Savills Hong Kong said, “This Property is offered at an indicative price of HKD 500 million, presenting a rare urban opportunity with a 70,000 square feet development site and 180,000 square feet of industrial floor spaces. Intending Purchasers could consider rehabilitating the existing floors for various industrial uses in short term. With multiple electric vehicle brands entering Hong Kong, this Property is also a perfect opportunity for major motor dealers to convert it as headquarter or vehicle repairing center. While in long run, the intending purchasers could explore different types of redevelopments when the market conditions improve. The high development flexibility makes the site an exceptionally attractive proposition for end-users, investors and developers.”