International real estate firm Savills is appointed as the sole agent for the sale of 35/F, Shun Tak Centre – West Tower, 168 – 200 Connaught Road Central ("The Property") with 2 car parking spaces. The property has a gross floor area of approximately 22,111 square feet and is being sold in “as-is” basis with the existing tenancies.
The property is positioned in a sought-after area, situated above the Sheung Wan MTR station, with connections to the bus terminal and the Hong Kong-Macau Ferry Terminal, offering a well-developed transportation network. Additionally, the property features rare high-floor units with expansive views of Victoria Harbour. It is located in a commercial area, adjacent to Western Market and various dining premises, with comprehensive commercial facilities nearby.
Mr. Raymond Wan, Chief Senior Director, Investment of Savills, stated, “The U.S. Federal Reserve has just announced a rate cut, entering a cycle of interest rate reductions, with expectations of a further decrease of about one percentage point in the future, which is likely to stimulate property transactions. The current asking price is approximately HK$30,000 per square foot. Compared to the units sold at China Merchants Tower at around HK$32,000 per square foot last year, this property offers original layout without alterations, highlighting its strong value proposition. Additionally, the entire floor of this high-rise in the same building has rarely been available for sale, marking the first time in nearly 20 years. Prospective buyers, whether for personal use or investment, should not miss this opportunity.”