Units A and B of the Property have gross areas of approximately 7,605 square feet and 7,321 square feet, respectively. Each unit features a spacious adjoining flat roof, measuring approximately 2,376 square feet and 3,646 square feet. The floor-to-floor height is around 3.2 metres, with a loading capacity of approximately 150 lbs per square foot. The Property is equipped with high-capacity power supply, making it suitable for a wide range of industrial and warehousing uses. Additionally, long-term parking supply in the Kwun Tong Business Area is limited. This Property offers a valuable advantage with 5 private car parking spaces and 3 lorry parking spaces, along with a loading dock, effectively supporting daily operations and logistics needs for businesses.

Union Hing Yip Factory Building is located in the heart of the Kwun Tong business district, adjacent to the landmark Tsui Ping River Garden and riverside promenade. The Property enjoys expansive green spaces, bringing vibrancy and energy to the area. It is approximately a 7-minute walk from Kwun Tong MTR Station, offering excellent connectivity across Hong Kong.

Mr. Tommy Chan, Senior Director and Deputy Head of Investment & Sales at Savills Hong Kongsaid, “The indicative price for the Property is approximately HKD 70 million, inclusive of 8 parking spaces and over 6,000 flats area, enhancing spatial flexibility to accommodate various business operational needs. The asking unit price of the unit portion is approximately HK$3,852 per square feet which offers a clear competitive advantage and makes it highly cost-effective when compared to recent transactions in the same district.

The Property supports versatile usage, suitable for industrial, warehousing, or a combination of both, with excellent adaptability in space planning. With all these advantages, the Property presents an ideal opportunity for both owner-occupation and investment purposes.”