Kowloon's Granville Estate has attracted strong interest from buyers, with the recently completed commercial building '3 Granville Circuit' selling two full-floor units in less than two months. One unit, 2,240 square feet with sea views, sold for HKD 35.5 million recently, at an average price of approximately HKD 15,848 per square foot. The new buyer, unlike an investor, recognized the strategic value of the property. Over the two months, these two full-floor units have fetched a combined HKD 70 million. The transaction confirms the resilience of the core business district, making it a rare new entirety commercial project in the area. '3 Granville Circuit' features expansive sea views and full-floor privacy, which have attracted businesses. The developer is capitalizing on the strong interest by adding more sea view units for sale. The property has glass curtain walls and a marble lobby, with 26 floors, one apartment per floor, each with about 2,200 to 2,400 square feet, facing north and south. It is within about a 5-minute walk to both Tsim Sha Tsui and Tsim Sha Tsui MTR stations, and about 5 minutes by car to the West Kowloon MTR Station and Airport Express. The closing of one of the previous articles on the same development, "Kowloon Granville Estate New Commercial Building Sold Out, Two Generations of Owners Faced a 'Double Loss'" is a related piece that discusses the market reaction and buyer profiles of the sale.
Star Headline
Published: 2026-11-03 09:46:24
New Commercial Building in Granville Road, Tsim Sha Tsui, Attracts Homebuyer at HKD3.55 Million
A new commercial building at Granville Road, Tsim Sha Tsui, has seen two prime floor-level units sold within a short period, with a homebuyer purchasing one of the units for HKD3.55 million, at a price of approximately HKD15,848 per square foot. As a rare new full-height commercial project in the area, the building has garnered attention for its premium location and privacy, attracting corporate buyers.
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