business · SingTao

Full-Floor Industrial Unit in Tuen Mun Listed at HK$16.8M Amid Northern Metropolis Boost

about 1 hour ago2 MIN
Full-Floor Industrial Unit in Tuen Mun Listed at HK$16.8M Amid Northern Metropolis Boost

Summary

A mid-floor unit spanning the entire floor of Yi Cheng Industrial Building on Kin Fat Street in Tuen Mun has been put on the market for HK$16.8 million, offering approximately 12,000 square feet at an attractive price point of HK$1,400 per square foot . The property is being marketed as a ready-to-use solution, featuring renovated interiors and vacant possession, suitable for warehousing, logistics operations, or back-office functions .

Key Points

  • Yi Cheng Industrial Building is located at 7 Kin Fat Street, Tuen Mun, with a mid-floor full-floor unit comprising approximately 12,000 square feet of gross floor area
  • Asking price stands at HK$16.8 million, translating to HK$1,400 per square foot, with the unit currently offered vacant and ready for immediate use
  • The building features comprehensive logistics support including 40-foot container access, dedicated cargo platforms, and convenient loading and unloading facilities
  • Strategic location near Tuen Mun MTR station with efficient connectivity to the airport and border crossings via the Tuen Tsing Tunnel
  • Fo Tan's Po Loy Industrial Centre offers an alternative investment option at approximately HK$25.99 million for 10,445 square feet, generating potential monthly rental income of HK$102,400

Why It Matters

The listing underscores how Northern Metropolis development initiatives continue to reshape demand patterns for industrial properties in Hong Kong's New Territories, attracting both owner-occupiers and investors seeking value in emerging commercial corridors . As cross-border infrastructure improves connectivity between Hong Kong and the Greater Bay Area, industrial spaces in Tuen Mun benefit from enhanced accessibility, potentially appreciating in value as regional integration accelerates .
The listing underscores how Northern Metropolis development initiatives continue to reshape demand patterns for industrial properties in Hong Kong's New Territories, attracting both owner-occupiers and investors seeking value in emerging commercial corridors . As cross-border infrastructure improves connectivity between Hong Kong and the Greater Bay Area, industrial spaces in Tuen Mun benefit from enhanced accessibility, potentially appreciating in value as regional integration accelerates .