Tsim Sha Tsui Grade A Office Floor Split for Sale and Rent Starting at HK$5.56M
On.cc · 1 SOURCESabout 1 hour ago2 MIN
Summary
An owner is offering the entire 13th floor of Hong Kong Crystal Centre on Granville Road in Tsim Sha Tsui for both sale and lease. The property spans approximately 21,640 square feet and has been subdivided into 16 units, with individual sale prices ranging from HK$5.56 million to HK$12.14 million and rental rates beginning at HK$24 per sq.ft. The fully renovated building has already secured a tenant for five connected units covering around 7,600 sq.ft. at HK$182,400 per month.
Key Points
- The 13th floor comprises about 21,640 sq.ft. divided into 16 units sized between 900 and 1,959 sq.ft. each
- Unit prices range from HK$5.56M to HK$12.14M (HK$6,060 to 6,250 per sq.ft.) with monthly rents from HK$21,600 to over HK$40,000
- Rental rates are set at HK$24 to HK$25 per sq.ft., translating to monthly rents of approximately HK$21,600 to HK$47,000
- A company has already leased units 07 to 11 (five connected units covering 7,600 sq.ft.) at HK$182,400 per month, or HK$24 per sq.ft.
- The 16-storey building features glass curtain wall design, Grade A offices from floors 3 and 5 to 12, with central air conditioning
Why It Matters
This listing capitalizes on robust demand from multinational and mainland enterprises seeking quality Grade A office space in Hong Kong for expansion or investment purposes. The strong pre-leasing activity signals healthy appetite for well-located, renovated commercial properties in prime Tsim Sha Tsui, particularly among the medical, toy, technology, and trading sectors.