Verde Heights
Verde Heights Computer-generated image / indicative

Cheung Sha Wan · Industrial

Verde Heights

For modern industrial users: 175 studios at 550 Castle Peak Road, 1,784-2,608 sq ft, completed August 2025.

175 unitsStudios
25 floorsFloors
2025Completion
2047Lease expiry

Computer-generated image / indicative

01

Overview

Verde Heights is at 550 Castle Peak Road, Cheung Sha Wan, completed in August 2025. It has 25 floors plus 2 basement levels, offering 175 studios of about 1,784-2,608 sq ft (gross).

The site is for industrial use. The lease runs from 1 July 1898 for 75 years, extendable by 24 years, and has been extended to 30 June 2047. Management fee is about HK$2 per sq ft, with 38 private car, 4 motorcycle, 9 light-goods-vehicle and 8 loading bays.

02

Highlights

01

Modern industrial

25 floors plus 2 basements, 175 studios.

02

1,784-2,608 sq ft

Gross areas suitable for advanced manufacturing and studios.

03

38 car spaces

Plus 4 motorcycle, 9 LGV and 8 loading bays.

04

Lease to 2047

75 years from 1898, extended to 30 June 2047.

03

Property facts

Property type
Modern industrial
Floors
25 floors + 2 basements
Studios
175
Area
1,784-2,608 sq ft (gross)
Completion
August 2025
Lease
To 30 June 2047
Management fee
About @2
Parking
38 car / 4 motorcycle / 9 LGV
04

Location and transport

550 Castle Peak Road sits in the Cheung Sha Wan industrial area, near Castle Peak Road and Lai Chi Kok. Access is mainly by bus, minibus and car, with industrial buildings, shopping and housing nearby.

  • Castle Peak RoadBus / minibus
  • Lai Chi Kok StationAbout 5 min by car
  • Cheung Sha WanBus / car
Verde Heights Location and transport

Map for location reference only; boundaries are subject to government plans. © OpenStreetMap contributors

06

Industrial use

The lease restricts the site to industrial use; under the Lands Department’s interpretation, manufacturing processes must be carried out on the lot. Buyers should take professional advice on the intended use. Management fee is about @2; parking and loading bays are subject to the latest announcement.

07

FAQ

Where is the property?
550 Castle Peak Road
What type and size is the property?
Industrial;Floors:25 floors + 2 basements
What is the transport like?
Castle Peak Road:Bus / minibus
What about management fee and parking?
Management fee:About @2
Who is this property suitable for?
For modern industrial users: 175 studios at 550 Castle Peak Road, 1,784-2,608 sq ft, completed August 2025.
08

Sources

Last verified: 2026-10-28