Savills News

Savills Appointed as Sole Agent for the Sale of a Prime Kwai Fong Market Shop and a Ping Shan House

International real estate firm Savills, following the successful sales of retail shops on Chun Yeung Street in North Point and at Grandeur Terrace in Tin Shui Wai, has once again been appointed by banks and receivers / receivers and managers as the sole agent for the disposal of a second batch of distressed properties. The portfolio includes Shop A1 on G/F, King Po Mansion, Nos.17-19 Shing Fong Street, Kwai Fong and House 43, La Mansion, No. 28 Ping Kwai Road, Ping Shan. Both properties will be sold on an “as-is” basis with vacant possession.

Shop A1 on G/F, King Po Mansion, Nos.17-19 Shing Fong Street, Kwai Fong
The property has an approximate gross area of 300 square feet* and features a wide frontage of approximately 39 feet 9 inch*, making it a rare corner prime retail shop in the district. Strategically located near Kwai Fong Estate and in close proximity to Kwai Chung Plaza and Metroplaza, the property benefits from strong pedestrian traffic and is situated within a well-established neighbourhood designated for daily necessities and consumption by local residents. The property will be offered for sale by public tender, with the submission deadline schedule at noon on 29 June 2026 (Monday).

House 43, La Mansion, No. 28 Ping Kwai Road, Ping Shan
The property has an approximate saleable area of 1,577 square feet^ and includes one private car parking space. It also features a private garden, rooftop and terrace, offering additional outdoor areas with a combined total area of approximately 884 square feet^. The unit is well-proportioned with a practical layout, originally designed as a four-bedroom configuration with two en-suite bedrooms, making it ideal for family living.

Situated within a low-density residential neighbourhood, the property enjoys a tranquil environment with a high degree of privacy. In terms of connectivity, it is conveniently located just about a 3-minute walk from Tong Fong Tsuen Light Rail Stop and approximately 10 minutes from Tin Shui Wai MTR Station.

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