Shop 1 & Shop 2 on G/F & Flat A1 & A2 on M/F Fu Shing House No. 10-24 Fu Yan Street Kwun Tong
10-24 Fu Yan Street, Kwun Tong, Kowloon, HK
MYR 33,243,000 | 250 m²
Attributes
Building area net
278 m²
Year built
1982
Occupancy
100%
Tenants
樓上燕窩莊 HKJEBN
Asking price
MYR 43,808,000
Description
Strategically positioned in Hong Kong's dynamic Kowloon district, occupy a prime position in the heart of Tsim Sha Tsui East—steps from East Tsim Sha Tsui and Hung Hom MTR stations, as well as major bus stops serving the Cross-Harbour Tunnel. The area is surrounded by luxury residences, international hotels, and commercial towers, drawing high-spending locals, mainland tourists, and global visitors alike. This creates a vibrant retail environment with exceptional brand visibility.
The premises are currently leased to “HKJEBN", a well-known specialty store for dried marine products and traditional Chinese tonics. With a loyal clientele and consistent rental payments, the tenancy underscores the property’s strength as a high-value retail asset with reliable income potential and strong tenant quality.
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Investment Highlights
- Prime TST East Location · Global Footfall Hub: Strategically positioned in the core of Tsim Sha Tsui East, within walking distance of both East Tsim Sha Tsui and Hung Hom MTR stations, and near iconic attractions like the Avenue of Stars and Victoria Harbour waterfront—benefiting from robust local and cross-border consumer demand.
- Premium Tenant · High-Value Product Focus: Long-term lease to “Lau Shang Bird’s Nest” (HKJEBN), which specializes in high-ticket health and wellness products, ensuring strong customer retention and greater resilience compared to general retail segments.
- Contiguous Triple-Unit Layout · Flagship Potential: Three adjoining ground-floor shops (Nos. 3, 4, and 5) offer generous, open-plan space—ideal for a flagship showroom, experiential retail concept, or premium brand destination.
- Rare Tourism-Linked Retail Asset · Long-Term Appreciation: Street-level retail units in Tsim Sha Tsui are increasingly scarce. This asset—combining tourist appeal, luxury positioning, and a stable, creditworthy tenant—represents a rare long-term investment opportunity in Hong Kong’s premier retail corridor.
Media
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