McDonald’s is seeking a buyer for a 4,260 square feet shop in Star House, Tsim Sha Tsui, currently leased to health and beauty chain Watsons. Photo: Handout

McDonald’s makes hay while the sun shines, selling its TST premises for HK$1 billion as trade war crimps retail property prices

  • Fast food giant is seeking 15 times the HK$66 million it paid for the 4,260 sq ft property in 1989
  • Transactions of retail properties worth HK$100m or more have dropped 56 per cent in the first quarter compared to the last three months of 2018
Topic |   Hong Kong property

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McDonald’s is seeking a buyer for a 4,260 square feet shop in Star House, Tsim Sha Tsui, currently leased to health and beauty chain Watsons. Photo: Handout
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