Panda Place (Chinese: 悅來坊) is a shopping arcade in Tsuen Wan, New Territories, Hong Kong located between MTR Tsuen Wan Station and Tai Wo Hau Station. It occupies 200,000 square feet (19,000 m2) at the second floor, ground floor and three basement levels beneath Panda Hotel, the largest hotel in Tsuen Wan District. It is owned by Hopewell Holdings.[1]
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Panda Place was formerly the Japanese department store Yaohan's Tsuen Wan Branch.[2] The site became vacant after Yaohan collapsed during Asian Financial Crisis in 1997.[3] In 2005, Hopewell redecorated the site, renamed it as Panda Place and lease it to many shops.[4]