CBRE appointed as Sole Agent for the Sale of 10/F, Tower A, Southmark, 11 Yip Hing Street, Wong Chuk Hang

CBRE has been appointed as the sole agent for the sale of a rare sizeable office floor in Hong Kong Island - 10/F, Tower A, Southmark, 11 Yip Hing Street, Wong Chuk Hang. With a total floor area of 11,438 sq. ft. approximately and a half floor area of 6,100 sq. ft. approximately. (Provided by vendor & not verified), the Property is 100% occupied by the Vendor and three tenants and will be sold on an “as-is” basis. The portions occupied by the Vendor can be sold with Vacant Possession or Sale-and-Leaseback, and the portions occupied by the tenants will be sold with existing tenancies. The owner is flexible for whole floor or partial floor sale.

Southmark is located in 5-minutes walking distance to Wong Chuk Hang MTR Station and The Southside, Island South’s largest brand-new lifestyle mall of 510,000 sq. ft. serving as an extension of the CBD in Hong Kong, only 2-stops from Admiralty MTR Station, Wong Chuk Hang is a rare combination of commercial, cultural, lifestyle, art, educational and luxury living, all-in-one. Committing to driving growth and development in Wong Chuk Hang, the Hong Kong Government established The Invigorating Island South Office in 2021, completing works in improving connectivity and urban enhancements as part of the Invigorating Island South initiative.

Spanning the entire 10/F of Tower A, Southmark, the Property enjoys lush mountain views, 3.5 meter ceiling heights, high floor loading of 7.5 Kpa, and is accessible by 3 passenger lifts and 1 service lift, with abundant car parking and roof top swimming pool available within the development. Recent transactions in the low-zone of Southmark have ranged from HK$5,800 per sq. ft. to HK$6,500 per sq. ft. while the last sizeable transaction was transacted at HK$11,500 psf. In 2018 (Unit 12-28, 26/F with CPS)

“Southmark is a popular office location for MNCs, SMEs and family offices to set up their headquarters. The owner is committed to the sale. Although there is no official indicative price, we recommend interested parties to make offers with reference to recent transactions at Southmark.” said Frederick Lai, Senior Director, Capital Markets, CBRE Hong Kong.  

For enquiries regarding the property, please contact Frederick Lai, Senior Director (T: +852 9194 5323) or Wilson Cheung, Assistant Manager (T: +852 9020 9220), Capital Markets, CBRE Hong Kong. 


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Property Advertising Number: CBRE-CM-ADV4346