Proximity to future government offices enhances property's potential
News release
20 May 2025
Rare whole-floor prime office with seaview in Macau up for sale
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Macau and Hong Kong, 20 May 2025 – JLL has been appointed the sole agent for the sale of a whole-floor office at A12 – N12, Golden Dragon Centre, No. 105 Avenida Xian Xing Hai, Macau (the "Property") through public tender. The tender closes at 6pm on Monday, 30 June 2025.
Golden Dragon Centre is located in the prime commercial area of the NAPE district on the Macau Peninsula. It is one of the most prestigious office buildings in the region, offering comprehensive facilities and high-quality property management that has consistently attracted reputable tenants. The Property comprises an entire floor with a saleable area of nearly 18,000 sq ft. The regular floor plate allows for flexible layouts, and the unit benefits from excellent natural light and open views, with some portions enjoying panoramic sea views. It is well-suited for corporate occupiers seeking office space or headquarters, as well as investors looking for stable rental income.
Golden Dragon Centre has relatively centralised ownership. Existing tenants include government departments, educational institutions, and financial enterprises, creating a high quality and stable tenant mix. Additionally, the building's proximity to the upcoming new government office buildings enhances the area's development prospects, likely attracting more high-calibre businesses and boosting the Property's appreciation potential. The Property will be sold on an "as is" basis with vacant possession.
Mark Wong, Senior Director of Valuation and Advisory Services at JLL in Macau, said: "Macau's office market is currently experiencing post-adjustment stability. Since the second half of last year, office rents, prices, and vacancy rates have begun to stabilise after declining from their peaks. Market pressure is gradually easing, and leasing demand is expected to remain relatively stable and continue to improve. The Property represents an exceptionally rare opportunity to acquire an entire office floor in Macau. With a strong tenant profile and potential for long-term returns, it offers a compelling proposition for both owner-occupiers and investors, and we anticipate significant interest from both groups."
For more information, please contact Mark Wong at (+853) 2855 5998 / 6651 6337.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.