Savills News

Savills Appointed as Sole Agent for the Sale of Full-Floor Office at Billion Centre

International real estate firm Savills has been appointed as the sole agent for the sale of Entire 25/F of Tower A & Unit E of Tower B, 1 Wang Kwong Road, Kowloon Bay ("The Property") with two car parking spaces. The Property has a gross area of approximately 17,059 square feet and will be sold on an as‑is basis with vacant possession.

The Property is located in Kowloon East’s second core business district (CBD2), and enjoys a prime location. It is approximately a 10-minute walk to Kowloon Bay MTR Station and is adjacent to a bus terminus, offering excellent connectivity and a comprehensive transportation network. The Property is also close to the MegaBox shopping mall, with a wide range of dining, retail, and lifestyle amenities nearby, creating a well-established commercial environment.

The Property features a generous floor-to-floor height of approximately 4.4 metres, providing a strong sense of space. It also offers unobstructed, full sea views with expansive vistas, creating a spacious and comfortable environment that effectively enhances both the user’s office experience and corporate image.

Mr. Peter Yuen, Managing Director, Investment at Savills Hong Kong said, “The Property is offered at an indicative price of approximately HKD 105 million, with a unit price of only about HKD 6,155 per square foot. The sale includes two car parking spaces with a market value of approximately HKD 3 million, making the offering highly competitive in the market.

Billion Centre rarely sees full-floor units available for sale with vacant possession, and supply is extremely limited, presenting a truly rare opportunity. The unit features a practical layout with high flexibility. Surrounding the Property are numerous high-quality commercial developments, forming a well-established business district. It is well suited for end users such as corporate headquarters, educational institutions, and religious organisations. This sale undoubtedly presents an exceptionally attractive investment opportunity to the market.”

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