If you’re looking at Hong Kong property investment in 2026, Sheung Wan should absolutely be on your radar. I mean it! This neighbourhood has everything going for it : MTR connectivity, a buzzing expat scene, galleries galore, and that perfect blend of old Hong Kong charm with modern convenience.
But here’s the thing: not all buildings are created equal when it comes to investment potential. Some offer better liquidity, others have stronger rental yields, and a few just have that special something that keeps tenants coming back.
So let’s take a look at the top 3 investment buildings in Sheung Wan right now. Whether you’re a first time investor or adding to your portfolio, this guide will give you the lowdown on what makes each of these properties tick.
Why Sheung Wan for Property Investment?
Before we get into the buildings, let’s talk about why Sheung Wan is such a solid bet. The area sits right between Central’s corporate buzz and the artistic vibe of the Western District. You’ve got the MTR, trams, and buses all within easy reach. The dining scene? Absolutely brilliant. And the tenant pool includes bankers, creatives, entrepreneurs, and expats who all want that central location without the Central price tag.
Plus, with mainland Chinese capital accounting for about 60% of big-ticket property deals in late 2025 and Colliers projecting a 10% increase in deal value for 2026, the momentum is definitely building. Smart investors are paying attention!
Now, let’s get into the good stuff.
#1: CentreStage:
Address: 108 Hollywood Road, Sheung Wan Developer: Henderson Land Completion: 2008
If I had to pick just one building for investment flexibility, CentreStage wins every time. Here’s why it takes the top spot: best liquidity, broadest tenant base, and rock-solid rental demand year after year.
Building Overview
CentreStage rises about 38 floors with approximately 388 units. That’s a decent-sized building, which means more transaction data and easier price discovery when you want to sell.
Apartment sizes (saleable):
- Smallest: ~360 sq ft (studio)
- Largest: ~1,800 sq ft (penthouse)
Management fees:~HKD $4.5–5.5 per sq ft per month
The ground floor features retail space, cafés, and small shops alongside the building entrance. Very convenient for tenants who love that grab-and-go lifestyle!
What’s Nearby
This is where CentreStage really shines. You’ve got Hollywood Road galleries right outside, PMQ is a 5-minute walk, and Sheung Wan MTR is about 6 minutes away. The area sees heavy expat foot traffic and the F&B density is fantastic : all of which translates to excellent rental absorption.
Investment Notes
Studios and 1-beds rent the fastest here. The building appeals to expats, bankers, and creatives who want that central lifestyle. Strong resale turnover means you won’t be waiting forever when it’s time to exit.
#2: Queens Terrace:
Address: 1 Queen Street, Sheung Wan.
Developer: Urban Renewal Authority, New World Development, and CK Asset Holdings
Completion: 2003
A large-scale development that offers high liquidity and stable returns. It is the “safe bet” for investors who value ease of resale and a constant stream of professional tenants.
Building Overview
Consisting of 3 towers with a total of 1,148 residential units.
Apartment sizes (saleable):
- Smallest: ~322 sq ft
- Largest: ~670 sq ft
Management fees:~HKD $3.5–4.5 per sq ft per month
What’s Nearby
Located next to Hollywood Road Park, it is steps away from the trendy shops of PoHo and the Sai Ying Pun dining scene. Residents enjoy a short 6-minute walk to Sheung Wan MTR and easy access to the Wellcome supermarket directly downstairs.
Investment Notes
As a large-scale project, it offers the highest liquidity in the area with constant transaction volume and stable rental demand. It is the “safe bet” for investors seeking predictable yields and a lower entry price point compared to newer boutique towers.
#3: One Pacific Heights:
Address: 1 Wo Fung Street, Sheung Wan
Developer: Pacific Century Premium Developments (PCPD).
Completion: 2009
Building Overview
Single 39-storey residential tower with approximately 155 units, designed with a boutique concept, including a luxury lobby and clubhouse.
Apartment sizes (saleable):
- Smallest: ~401 sq ft
- Largest: ~1,347 sq ft
Management fees:~HKD $5–6 per sq ft per month
What’s Nearby
Perched on a quieter hill, it is steps from the art galleries of Tai Ping Shan and the trendy cafes of High Street. Tenants love the harbour views and the quick 5-minute walk to the Sai Ying Pun MTR entrance.
Investment Notes
This building commands a rental premium due to its modern clubhouse and high-floor units that capture rare, unobstructed views. It is ideal for investors targeting high-income expats who prioritise a luxury boutique feel over mass-market estates.
If you’re keen to have a proper “nose” around any of these buildings or want to chat about investment strategy in Sheung Wan, we’d love to help! Feel free to get in touch with our team, we’re always happy to help.
You can also browse our current listings to see what’s available right now.
Happy investing!
