International real estate firm Savills has been appointed by the receiver and the manager as the sole agent for the tender sale of three prime neighbourhood retail shops located in traditional market districts. The properties include Shop H on G/F, Ming Sau Building, Nos.91A – 91H Chun Yeung Street, North Point, Shop L19 & L20 on G/F, Grandeur Terrace Shopping Centre, No.88 Tin Shui Road, Tin Shui Wai and Shop A1 on G/F, King Po Mansion, Nos.17-19 Shing Fong Street, Kwai Fong. Three properties will be sold with vacant possession.
Shop H on G/F, Ming Sau Building, Nos.91A – 91H Chun Yeung Street, North Point
The property has a gross area of approximately 1,200 square feet*, with a shop frontage width of about 16 feet 9 inch*. Located at the heart of the Chun Yeung Street market, the shop enjoys a continuous flow of consumer traffic from morning to night. In recent years, Chun Yeung Street has also become a popular destination for in‑depth tourist visits, further strengthening retail demand in the area. The closing date for the public tender is scheduled on 5 March 2026 (Thursday) at noon.
Shop L19 & L20 on G/F, Grandeur Terrace Shopping Centre, Tin Shui Wai
The property has a gross area of approximately 710 square feet*, with a shopfront width of about 32 feet*. It is situated within a well‑established residential neighbourhood, surrounded by numerous public and private housing estates, including Tin Heng Estate, Tin Chak Estate, Tin Yat Estate and the recently completed project by Sun Hung Kai, Wetland Seasons Bay. The area is densely populated, providing a substantial resident catchment. The closing date for the public tender is scheduled on 30 March 2026 (Monday) at noon.
Shop A1 on G/F, King Po Mansion, Nos.17 – 19 Shing Fong Street, Kwai Fong
The property has a gross area of approximately 300 square feet*, with a shopfront width of about 39 feet 9 inch*. It is a rare single‑corner prime retail shop in the district. The shop is located near Kwai Fong Estate and sits adjacent to Kwai Chung Plaza and Metroplaza, two of the most frequently visited retail destinations for residents in the area. The closing for the public tender is scheduled on 30 March 2026 (Monday) at noon.
Mr. Jason Wo, Senior Director of Investment at Savills Hong Kong said, “The three market retail shops for sale are situated in prime traditional market locations in North Point, Kwai Chung and Tin Shui Wai. Retail units of this type have long been favoured by investors due to their resilient nature.
Market‑based consumption is an integral part of daily life for nearby residents. As these shops benefit from a stable customer base, vacancies are rare, making them less susceptible to economic fluctuations. With relatively modest price points for each unit, this tender is expected to attract strong interest and competitive bidding from a wide pool of investors.”