Press Release
CBRE Appointed as Sole Agent for the Sale of Nos. 57-59 Kwok Shui Road, Kwai Chung by Public Tender
*EXCEPT CONFERENCE ROOMS 3 & 8 ON 5TH FLOOR
March 4, 2024
Media Contact
Christine Tai
Associate Director, Marketing & Communications, Hong Kong
CBRE has been appointed as the sole agent for the sale of Kwai Chung Town Lot No. 46, except the conference rooms 3 & 8 on the 5th floor (the “Subject Property”), by public tender. The site is located at Nos. 57-59 Kwok Shui Road, Kwai Chung, New Territories. The submission deadline will be at 12:00 noon, 30 April 2024 (Tuesday).
Strategically located at the heart of Kwai Chung and close to the Kwai Chung container port, the Subject Property offers unparalleled convenience and connectivity to each district and major infrastructure and is just within an approximate 30-minute car ride to Central CBD and the Hong Kong International Airport as supported by the neighbouring major highways and roads.
With exterior walls and prominent signage on all four sides of the rooftop it ensures a high degree of visibility and branding exposure in the surrounding area, including the passengers and the vehicles passing through the major roads and highways. Situated on Kwai Chung Town Lot No. 46 with a site area of approximately 13,600 sq. ft., the building boasts a total gross floor area of approximately 120,000 sq. ft. and offers ample parking spaces to accommodate its occupiers. With a total of 58 car parking spaces across the lower three floors, complemented by exclusive pick-up and drop-off areas, the building ensures a private and convenient arrival experience for its occupiers.
Adjacent to a lush garden area spanning over 20,000 sq. ft, the Subject Property enjoys a tranquil and natural environment. Furthermore, the building offers an unobstructed sightline, with breathtaking views towards the Tsuen Wan and Kwai Hing areas.
Reeves Yan, Head of Capital Markets & Executive Director, Capital Markets, CBRE Hong Kong said: “Industrial real estate has been highly sought-after by investors in recent years, thanks to the limited availability of industrial spaces in both the firsthand and secondhand markets. Industrial spaces, particularly those with a site area exceeding 13,000 sq. ft., offer versatility to users and present attractive investment opportunities for both investors and occupiers. As the market has not witnessed a project of similar size in the past year, we expect the sale will draw interest from both investors and occupiers for its potential returns and multifaceted applications.”
For any enquiries regarding the Subject Property, please contact Reeves Yan, Head of Capital Markets & Executive Director (tel: +852 9463 9892) or Simon Yu, Associate Director, Capital Markets, CBRE Hong Kong (tel: +852 9685 8365).
Nos. 57-59 Kwok Shui Road, Kwai Chung
Photo is for reference only and property boundary is for indication only, not to scale
Property Advertising Number: CBRE-CM-ADV4532
Strategically located at the heart of Kwai Chung and close to the Kwai Chung container port, the Subject Property offers unparalleled convenience and connectivity to each district and major infrastructure and is just within an approximate 30-minute car ride to Central CBD and the Hong Kong International Airport as supported by the neighbouring major highways and roads.
With exterior walls and prominent signage on all four sides of the rooftop it ensures a high degree of visibility and branding exposure in the surrounding area, including the passengers and the vehicles passing through the major roads and highways. Situated on Kwai Chung Town Lot No. 46 with a site area of approximately 13,600 sq. ft., the building boasts a total gross floor area of approximately 120,000 sq. ft. and offers ample parking spaces to accommodate its occupiers. With a total of 58 car parking spaces across the lower three floors, complemented by exclusive pick-up and drop-off areas, the building ensures a private and convenient arrival experience for its occupiers.
Adjacent to a lush garden area spanning over 20,000 sq. ft, the Subject Property enjoys a tranquil and natural environment. Furthermore, the building offers an unobstructed sightline, with breathtaking views towards the Tsuen Wan and Kwai Hing areas.
Reeves Yan, Head of Capital Markets & Executive Director, Capital Markets, CBRE Hong Kong said: “Industrial real estate has been highly sought-after by investors in recent years, thanks to the limited availability of industrial spaces in both the firsthand and secondhand markets. Industrial spaces, particularly those with a site area exceeding 13,000 sq. ft., offer versatility to users and present attractive investment opportunities for both investors and occupiers. As the market has not witnessed a project of similar size in the past year, we expect the sale will draw interest from both investors and occupiers for its potential returns and multifaceted applications.”
For any enquiries regarding the Subject Property, please contact Reeves Yan, Head of Capital Markets & Executive Director (tel: +852 9463 9892) or Simon Yu, Associate Director, Capital Markets, CBRE Hong Kong (tel: +852 9685 8365).
Nos. 57-59 Kwok Shui Road, Kwai Chung
Property Advertising Number: CBRE-CM-ADV4532
About CBRE Group, Inc
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.