CBRE has been appointed as sole agent for the sale of Hotel COZi · Oasis, No 443-451, Castle Peak Road, Kwai Chung via public tender. The tender closing is set for 12nn, 19 June 2025 (Thursday).

Hotel COZi · Oasis is conveniently located just a 15-minute walk from Kwai Hing MTR Station. The hotel also provides shuttle service directly to Tsim Sha Tsui and Kwai Fong MTR Stations, making it convenient for tourists, workers and students.

The 30-storey Hotel COZi · Oasis was renovated and re-opened in 2018 and boasts a gross floor area of approx. 292,961 sq. ft. It offers 583 guest rooms across six different room types. Rooms in the high zone enjoy an open city view. Catering service and facilities such as meeting rooms, beauty services and a gym room are available in the lower and upper basements.

Mr. Tony Ng, Senior Director, Capital Markets, CBRE Hong Kong said: “The living sector has been one of the most active sectors across the entire Asia Pacific. According to our 2025 APAC Hotel Investor Intentions Survey, over 72% of investors plan to increase their hotel investment allocation in the region. Investors are looking more closely at value-add strategies, with rebranding and redevelopment opportunities in this segment seen as attractive in the current market at a time when the cost of new development remains high.”

Ng continued: “Locally in Hong Kong, student living and accommodation has been a strong theme and will continue to be so given the growth prospects in this field. The property is close to the neighbourhood community. In addition, there is no other large hotel on the market with more than 500 rooms for sale. If it can be converted into student accommodation and point-to-point transportation can be arranged, it is an investment option with substantial potential.”

The current general market value of the property is HK$1.38 billion, with an average price of about HK$2.36 million per room and an average price of only HK$4,711 per sq. ft. The property is expected to attract interest from institutional investors, local consortiums and high net worth families. As Hotel COZi · Oasis is a rare large-scale hotel for sale in the market and the average price is very attractive, it is expected that this opportunity will be very suitable for the value-add strategy of operation and renovation.

Property Advertising Number: CBRE-CM-ADV5163