This three-storey mall features 43 car parking spaces and 10 lorry bays, complete with central air-conditioning and dedicated loading/unloading areas. The mall currently hosts a diverse tenant mix including supermarkets, daily necessities retailers, F&B outlets, education centres, beauty salons, and other essential services - fully catering to the daily needs of the surrounding community. According to the 2021 Population Census, Mei Foo district comprises 19,119 households with a total population of 56,766 residents, demonstrating substantial consumer spending potential.
Strategically situated in the heart of Mei Foo, this Property neighbours the prominent Mei Foo Sun Chuen residential estate, Lai Chi Kok Bay Garden, Wah Lai Estate, Lai Yan Court, Ching Lai Court and the Lai Chi Kok Government Offices. Just a 5-minute walk to Mei Foo MTR Station, it enjoys dual-line access to both the Tuen Ma Line and Tsuen Wan Line, ensuring exceptional connectivity for residents and visitors alike. The Property fronts the busiest section of the West Kowloon Corridor and Ching Cheung Road, offering unparalleled roadside visibility that delivers outstanding advertising value.
Mr. Raymond Wan, Chief Senior Director of Investment at Savills Hong Kong said, “Nob Hill Square presents a rare investment opportunity as a large-scale community shopping mall in Kowloon, boasting an excellent location and stable rental returns. Currently generating approximately HK$1.5 million in monthly rental income, the Property has potential to yield over HK$3 million per month at full occupancy. With an indicative price of HK$680 million (approximately HK$6,760 per sq. ft.) and offering a yield around 5.3%, this asset demonstrates a strong long-term investment value. The mall's single ownership structure allows for comprehensive repositioning, tenant mix optimisation, and flexible rental adjustments, making it particularly attractive to long-term investors and institutional buyers.”