International real estate firm Savills has been appointed as the sole agent for the sale of 4/F of Far East Finance Centre, 16 Harcourt Road, Admiralty, Hong Kong ("the Property"). The Property has a gross area of approximately 10,800 square feet and will be sold on an as‑is basis, with partial vacant possession and partial existing tenancies.
The Property enjoys panoramic harbourfront views of Central alongside the vibrant cityscape. Situated in the core business hub of Admiralty, it offers direct connectivity to Admiralty MTR Station, providing seamless access to Hong Kong Island, Kowloon and the New Territories.
The surrounding area is home to numerous Grade A office towers, five‑star hotels, Pacific Place and government headquarters. It is also conveniently connected to major commercial districts via Queensway Plaza, combining comprehensive amenities with exceptional business advantages.
Mr. Raymond Wan, Chief Senior Director, Investment at Savills Hong Kong said, “Recent transactions of premium Grade A office buildings in core districts have been active, and the subject Property is being offered at an approximately 70% discount to peak market levels, reflecting a notable rebound in market demand following price adjustments. It presents a compelling opportunity for acquisition under current market conditions.
This Property represents a rare whole‑floor offering in the core Admiralty district, featuring a highly efficient and flexible layout suitable for a wide range of uses, including bank headquarters, educational institutions and religious organisations. The unit will be sold partly with vacant possession and partly with existing tenancies, making it an attractive option for both owner‑occupiers and investors.”