Press release
CBRE Appointed as the Sole Agent for the Sale of Hotel COZi ‧ Oasis via Public Tender
April 8, 2025
Media Contact
Christine Tai
Associate Director, Marketing & Communications, Hong Kong
CBRE has been appointed as sole agent for the sale of Hotel COZi · Oasis, No 443-451, Castle Peak Road, Kwai Chung via public tender. The tender closing is set for 12nn, 19 June 2025 (Thursday).
Hotel COZi · Oasis is conveniently located just a 15-minute walk from Kwai Hing MTR Station. The hotel also provides shuttle service directly to Tsim Sha Tsui and Kwai Fong MTR Stations, making it convenient for tourists, workers and students.
The 30-storey Hotel COZi · Oasis was renovated and re-opened in 2018 and boasts a gross floor area of approx. 292,961 sq. ft. It offers 583 guest rooms across six different room types. Rooms in the high zone enjoy an open city view. Catering service and facilities such as meeting rooms, beauty services and a gym room are available in the lower and upper basements.
Mr. Tony Ng, Senior Director, Capital Markets, CBRE Hong Kong said: “The living sector has been one of the most active sectors across the entire Asia Pacific. According to our 2025 APAC Hotel Investor Intentions Survey, over 72% of investors plan to increase their hotel investment allocation in the region. Investors are looking more closely at value-add strategies, with rebranding and redevelopment opportunities in this segment seen as attractive in the current market at a time when the cost of new development remains high.”
Ng continued: “Locally in Hong Kong, student living and accommodation has been a strong theme and will continue to be so given the growth prospects in this field. The property is close to the neighbourhood community. In addition, there is no other large hotel on the market with more than 500 rooms for sale. If it can be converted into student accommodation and point-to-point transportation can be arranged, it is an investment option with substantial potential.”
The current general market value of the property is HK$1.38 billion, with an average price of about HK$2.36 million per room and an average price of only HK$4,711 per sq. ft. The property is expected to attract interest from institutional investors, local consortiums and high net worth families. As Hotel COZi · Oasis is a rare large-scale hotel for sale in the market and the average price is very attractive, it is expected that this opportunity will be very suitable for the value-add strategy of operation and renovation.
For enquiries about the property, please contact Mr. Tony Ng, Senior Director (Tel: +852 9031 7794), Ms. Bernadette Lau (Tel: +852 9361 5633), Mr. Macro Liao, Senior Manager, Hotels & Hospitality Asia Pacific (Tel: +852 6340 7777), or Mr. Ray Chan, Senior Manager (Tel: +852 6103 5679), Capital Markets, CBRE Hong Kong.
Photo 1: Hotel COZi · Oasis is located at No. 443-451, Castle Peak Road, Kwai Chung, taking only 15-min walk from Kwai Hing MTR Station (for reference only)
Property Advertising Number: CBRE-CM-ADV5163
Photos are for reference only
Hotel COZi · Oasis is conveniently located just a 15-minute walk from Kwai Hing MTR Station. The hotel also provides shuttle service directly to Tsim Sha Tsui and Kwai Fong MTR Stations, making it convenient for tourists, workers and students.
The 30-storey Hotel COZi · Oasis was renovated and re-opened in 2018 and boasts a gross floor area of approx. 292,961 sq. ft. It offers 583 guest rooms across six different room types. Rooms in the high zone enjoy an open city view. Catering service and facilities such as meeting rooms, beauty services and a gym room are available in the lower and upper basements.
Mr. Tony Ng, Senior Director, Capital Markets, CBRE Hong Kong said: “The living sector has been one of the most active sectors across the entire Asia Pacific. According to our 2025 APAC Hotel Investor Intentions Survey, over 72% of investors plan to increase their hotel investment allocation in the region. Investors are looking more closely at value-add strategies, with rebranding and redevelopment opportunities in this segment seen as attractive in the current market at a time when the cost of new development remains high.”
Ng continued: “Locally in Hong Kong, student living and accommodation has been a strong theme and will continue to be so given the growth prospects in this field. The property is close to the neighbourhood community. In addition, there is no other large hotel on the market with more than 500 rooms for sale. If it can be converted into student accommodation and point-to-point transportation can be arranged, it is an investment option with substantial potential.”
The current general market value of the property is HK$1.38 billion, with an average price of about HK$2.36 million per room and an average price of only HK$4,711 per sq. ft. The property is expected to attract interest from institutional investors, local consortiums and high net worth families. As Hotel COZi · Oasis is a rare large-scale hotel for sale in the market and the average price is very attractive, it is expected that this opportunity will be very suitable for the value-add strategy of operation and renovation.
For enquiries about the property, please contact Mr. Tony Ng, Senior Director (Tel: +852 9031 7794), Ms. Bernadette Lau (Tel: +852 9361 5633), Mr. Macro Liao, Senior Manager, Hotels & Hospitality Asia Pacific (Tel: +852 6340 7777), or Mr. Ray Chan, Senior Manager (Tel: +852 6103 5679), Capital Markets, CBRE Hong Kong.
Photo 1: Hotel COZi · Oasis is located at No. 443-451, Castle Peak Road, Kwai Chung, taking only 15-min walk from Kwai Hing MTR Station (for reference only)
Property Advertising Number: CBRE-CM-ADV5163
Photos are for reference only
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.