A six-storey warehouse in Fanling, converted and let whole to one customer, sits oddly in an estate otherwise built around the Tseung Kwan O interconnection cluster. iAdvantage took 11 On Chuen Street on an asset-light lease from Orientfunds Sourcing (Holdings) Limited - a joint venture in which Sun Hung Kai Properties holds 50 per cent, Kwok Tsang Limited 35 and Happy Wish International Limited 15 - for a term of eleven years and five months with a three-year renewal option, at HK$251m of total rent. The building runs to roughly 129,000 sq ft and 10 MW of IT power, committed in full to a single cloud customer under a master service agreement before it opened in June 2022. SUNeVision reported it fully ramped up in its results for the year to June 2025. It does not appear on iAdvantage's own locations page.
Facility Specifications
Site information
Colocation space
~129,000 sq ft over six storeys
Power capacity
10 MW IT load
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Location
Interactive map
Frequently asked questions
How is the Fanling building occupied?
Entirely by one hyperscale cloud customer, which committed to all 10 MW under a master service agreement before the building opened.
Who owns 11 On Chuen Street?
Orientfunds Sourcing (Holdings) Limited, a joint venture of Sun Hung Kai Properties, Kwok Tsang Limited and Happy Wish International Limited. iAdvantage holds it on a lease of eleven years and five months with a three-year option.
When did the site become operational?
June 2022, after a phased delivery of the 10 MW. SUNeVision described it as fully ramped up by its financial year 2025 results.
What stood on the Fanling site before?
A six-storey warehouse in the On Lok Tsuen industrial area of Fanling, converted rather than purpose-built.