CBRE Appointed Sole Agent for Entire Industrial–Commercial Building in the Northern Metropolis

CBRE has been appointed by the receiver as the sole agent to sell by public tender the entire property at 26 On Lok Mun Street, Fanling, located in the core area of the New Territories Northern Metropolis. Tender closing time is 12:00 noon, Friday, June 26, 2026.

Completed in 2010, 26 On Lok Mun Street sits on a site area of approximately 8,582 sq. ft. with a total gross floor area of about 41,258 sq. ft. The seven-storey building features standard floor plates of approximately 6,000–6,800 sq. ft., offering efficient and practical layouts. The land premium has been paid, permitting non-industrial uses on selected floors, making it suitable for diversified business operations, which is different from most nearby properties that are primarily industrial or warehouse in nature.

A key highlight of the property is its car lift, allowing vehicles to access indoor parking on each floor. The building provides 22 indoor private car parking spaces, 2 motorcycle spaces, and 3 loading/unloading bays. Such a configuration is rare in Fanling and the northern New Territories industrial areas, offering users greater privacy and operational flexibility.

As the government advances the Northern Metropolis development blueprint, the northern New Territories is positioned to become one of Hong Kong’s most important growth engines over the next decade. Fanling and Sheung Shui are gradually transforming into hubs for innovation and technology, logistics, advanced manufacturing, and cross-boundary trade. Located at the heart of this transformation, the property stands to benefit from the area’s long-term development prospects. It also enjoys excellent connectivity to major highways, with quick access to San Tin and the Heung Yuen Wai Boundary Control Point, Shenzhen, Hong Kong’s core commercial districts, and the airport, and is well integrated into the Greater Bay Area “one-hour economic circle.”

The area has seen active transactions of entire-block properties. The most recent was G2000 Warehouse Building at 5 On Lok Mun Street, sold in November 2025 for HK$380 million, translating to approximately HK$3,075 per sq. ft., setting a new price benchmark for the district.

Reeves Yan, Executive Director, Head of Capital Markets, CBRE Hong Kong, commented “26 On Lok Mun Street is a rarely available asset with specifications markedly different from the predominantly factory and warehouse stock in the area. Its flexible usage aligns perfectly with the development trajectory of the Northern Metropolis and Fanling, and supports deeper integration into the Greater Bay Area’s macro development plan. The property is well maintained and features a car lift serving indoor parking on every floor, making it highly suitable as a headquarters for occupiers in logistics, R&D, e-commerce, or other high value-added industrial sectors.”

For any additional details about the sole agency, please contact Reeves Yan, Executive Director, Head of Capital Markets (Tel: +852 9463 9892 | E-243218), or Travis Tai, Associate Director, Capital Markets, (Tel: +852 6225 3356 | S-508622), CBRE Hong Kong. 


Property Advertising Number: CBRE-CM- ADV5685