McDonald’s has officially sold the property located at 10-22 Tsuen Wan Market Street in Hong Kong for HK$120 million, equivalent to approximately US$15.3 million. The site, which spans from the ground floor to the second floor, previously housed the company's first restaurant in the New Territories. According to Land Registry documents, the sale agreement was finalized on August 31 with the buyer, Keen Charm Holdings (HK) Limited.

This sale represents a continuation of a strategy McDonald’s has pursued over the past year, involving the systematic divestment of self-owned shop properties. The transaction has been noted by market observers as part of a wider shift in the Hong Kong retail property sector, where private investors—often described as 'old money'—are re-entering the market to acquire commercial assets. While the sale marks the end of McDonald’s ownership of this specific historic location, the company continues to operate its business through a leasing model, a common practice for global franchises looking to reduce capital tied up in real estate. The identity of the principals behind Keen Charm Holdings remains a subject of interest, as the company is registered through the local Company Registry.