CBRE to Oversee Sale of Boutique Hotel in Prime Hong Kong Island Location
CBRE has been appointed the sole agent for the sale of The Henry, a 24-storey hotel and serviced residence located at 322-324 Des Voeux Road West, Sai Ying Pun, by Private Treaty. Strategically positioned between HKU and Sai Ying Pun MTR stations, and just minutes from Central’s business district, the asset offers exceptional accessibility and long-term potential. The property holds a rare 999-year lease and includes 34 guest rooms, concierge and meeting facilities, partial sea views on upper floors, and a ground-floor Starbucks retail unit providing stable rental income.
According to CBRE, demand for boutique hotels in Hong Kong has grown steadily, supported by rising tourism, limited new supply, and stronger investor appetite. “The Henry offers investors a rare opportunity to reposition a hotel in one of the city’s most sought-after neighbourhoods,” said Barry Chung, Head of Client Care Hong Kong at CBRE. The property’s proximity to the University of Hong Kong and the city’s growing non-local student population also supports potential repositioning into co-living or student accommodation. CBRE expects interest from family offices, high-net-worth individuals, and institutional capital, with the site seen as a value-add play in the living sector.