Sheung Wan’s MOETOWN hotel up for sale at $360m

The six-year-old property comprises 45 guest rooms and a sky gym.

MOETOWN hotel in Sheung Wan has been put up for sale with a guide price of $360m.

The property at 11-13 Ko Shing Street, completed in 2020, has a gross floor area of about 30,020 sq ft.

It comprises 45 guest rooms and includes a sky gym, resident lounges, and a rooftop observation deck.

The hotel is located in Hong Kong Island West, with access to Central and Admiralty, as well as the Airport Express, the Hong Kong-Zhuhai-Macao Bridge Hong Kong Port, and the West Kowloon High-Speed Rail Terminus.

CBRE, the sole sales agent, said the property could also be converted into purpose-built student accommodation, giving investors another asset-management and exit option.