Savills News

Savills Appointed as Sole Agent for the Sale of a Grade A Office Unit on Canton Road

International real estate firm Savills has been appointed as the sole agent for the sale of Unit 07 on the Lower Floor, Lippo Sun Plaza, 28 Canton Road, Tsim Sha Tsui, Kowloon ("The Property"). The Property has a gross area of 4,238 square feet*.

The Property is located in the prime section of Canton Road—renowned as the most expensive retail street in the Asia Pacific region, and is surrounded by prominent commercial buildings, including Silvercord, The Gateway and Harbour City. The mall’s basement level is directly connected to both Tsim Sha Tsui and Tsim Sha Tsui East MTR Stations and the area is well served by numerous bus and minibus routes, offering excellent transport connectivity. In addition, the Property is only about a 5‑minute drive from the West Kowloon High Speed Rail Station, providing convenient access for Mainland clients and colleagues and enhancing cross‑border business connectivity.

Mr. Thomas Ng, Senior Manager of Investment at Savills Hong Kong said, “This sale presents a rare opportunity to acquire a premium Grade‑A office unit in the West Tsim Sha Tsui district, where supply has always been limited and vacancy rates remain low, resulting in strong price resilience. Located on the prime section of Canton Road and surrounded by top luxury brands and major shopping complexes, the building’s strategic position atop the MTR station makes it highly appealing to corporations for office or semi‑retail use. With an attractive asking price, the Property is expected to draw strong interest from both investors and end‑users.”

*Provided by vendor; for reference only.

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