Harbour Centre Full-Floor Office Listed at HK$366M, HK$23,000 Per Sq Ft
On.cc · 1 SOURCESabout 2 hours ago2 MIN
Summary
Cushman & Wakefield has launched the sale of the entire 16th floor of Harbour Centre at 25 Harbour Road in Wan Chai, with an asking price of HK$366 million, works out to approximately HK$23,000 per square foot. The Grade A office space spans about 15,929 square feet and is being offered with vacant possession. Located adjacent to the MTR Exhibition Centre Station and the Hong Kong Convention and Exhibition Centre, the property commands panoramic views of Victoria Harbour. The listing comes as Hong Kong's commercial property market shows signs of recovery, with demand from mainland Chinese enterprises intensifying for prime office space in core business districts.
Key Points
- The 16th floor of Harbour Centre at 25 Harbour Road, Wan Chai spans approximately 15,929 sq ft with asking price of HK$366 million
- Price per square foot reaches approximately HK$23,000, positioned at market rate for Grade A offices in the core business district
- The property offers vacant possession, Victoria Harbour views, and ample parking facilities for tenants and visitors
- Alan Lo Chung-yim, Senior Assistant Director of Hong Kong Capital Markets at Cushman & Wakefield, handles the listing
- The office is located near MTR Exhibition Centre Station and adjacent to the Hong Kong Convention and Exhibition Centre
Why It Matters
The listing signals renewed confidence in Hong Kong's Grade A office market as mainland Chinese companies increasingly view the city as a critical hub for offshore operations and regional headquarters . This transaction could set a benchmark for future sales in the Wan Chai business district, where limited full-floor offerings rarely hit the market .
The listing signals renewed confidence in Hong Kong's Grade A office market as mainland Chinese companies increasingly view the city as a critical hub for offshore operations and regional headquarters . This transaction could set a benchmark for future sales in the Wan Chai business district, where limited full-floor offerings rarely hit the market .