Transaction No. 5583, (Hong Kong Economic Journal) – Shops at the base of Tsui Ling Peak, held for one year, earned HK$9.18 million (6/10). The Hong Kong Housing Society (HKHS) has been actively selling off non-core assets in the past two years. Among them, the commercial portion of the Tsui Ling Peak base in Tseung Kwan O, sold last year, is reportedly sold for HK$59.38 million, with the investor making a profit of HK$9.18 million in just one year. 3 Shops Sold for HK$59.38 Million
The commercial portion of Tsui Ling Peak at 48 Tsui Ling Road, Tseung Kwan O, consists of three shops. Shop No. 1 on the ground floor has a gross floor area of approximately 2,359 square feet and is currently leased by a church. Shops No. 2 and 3 on the ground floor and the first floor are leased by a kindergarten, with a gross floor area of approximately 12,621 square feet, totaling approximately 14,980 square feet. Sources indicate that the property was sold for HK$59.38 million, at a price of approximately HK$3,964 per square foot. The current monthly rental income is HK$338,000, giving the buyer a rental yield of 6.8%. The original owner purchased the property from the Housing Society for HK$50.2 million last May. After holding it for only about a year, they sold it for a profit of HK$9.18 million, representing an 18.3% gain.
To receive information on Lee Gen Hing’s private shops, join the link:
Updating information on shops for sale in Sheng Hui in June 2026:
The following properties offer high returns:
(1) Shops 1, 10, 11, 12 & 13, Princess Building, King’s Road, Fortress Hill – Miss Ice Room
HKD 65 million, now HKD 42.5 million, 4.8% return
(2) Ground floor & mezzanine, 20-24 Ma Sha Street, Sheung Wan – Reveri
HKD 38 million, now HKD 33.9 million, 4.6% return
(3) Ground floor & mezzanine, 108 Fa Yuen Street, Mong Kok – Yin Jin Dim Sum
HKD 33 million, now HKD 22.9 million, 4.6% return
(4) 16 Dyeing Fong Street, Mong Kok – The Madhouse
HKD 28 million, now HKD 20.8 million 4.6% return
(5) Shop No. 3 and mezzanine of Kam Fai Road, Yuen Long – Egg Waffle Snacks
HKD 11 million Now for sale HKD 9.1 million 4.6% return
Other prime shops for sale:
(6) Shop D, G/F, Po Ming Building, 96-106 Percival Street, Causeway Bay
HKD 38 million Now for sale HKD 35 million
(7) Shop G/F and stairwell of 153 Sai Yee Street, Mong Kok
HKD 45 million Now for sale HKD 35 million
(8) Shop B/F 4, Kai Fung Building, 10 Soi Hang Street, Sheung Wan
HKD 21 million Now for sale HKD 17 million
(9) Shop C, G/F, 111-121 Sai Yee Street, Mong Kok
HKD 28 million Now for sale HKD 22 million
(10) Shop M, Yun Tung Building, 65-75 Luther Road, Tsuen Wan
HKD 24 million Listing for sale at 20.4 million.
Valid until June 30, 2026.
Detailed listing plan and photos:
Contact me (Lee Gen Hing 90361143) or my colleagues:
Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)
www.bwfund.com
Add comment