Furong Street ground floor shop 61 million easy to change Senior investor Yang Fenbin to undertake

Furong Street ground floor shop 61 million easy to change Senior investor Yang Fenbin to undertake

The Sino-US trade war has the opportunity to reach an agreement, which has led to a positive market sentiment. Investors have rushed into the market to “sweep the goods”. Senior investor Yang Fenbin spent about 61 million yuan to purchase the Furong Street site in Sham Shui Po, with a return of about 3.8 per cent.

According to market news, the ground floor and attic of 9 to 11 Fuk Wing Street, Sham Shui Po, were newly recorded. The area of ​​the site was about 3,000 square feet. The area of ​​the attic was about 2200 square feet. The price was changed to $61 million. The average price was about $20333 (excluding the attic). The new buyer of the city is Yang Fenbin, a veteran investor.

The newspaper made a call to Yang Fenbin to inquire about the above transaction and confirmed that he purchased the above property. Yang also pointed out that the shop is now a snack shop, with a monthly rent of 192,000 and an average rent of about $64. About 3.8 percent.

Rental return of 3.8 percent

According to the Land Registry’s information, the original owner of the site was named BRIGHT WINNER INVESTMENTS LIMITED in 2008. The director of the company was a surname of Wen, who bought it in a basket at the price of 25 million.

Area 3000呎

Yang Fenbin has been active in shop sales in recent years. As early as March of this year, Yang bought the No. 12 shop on the ground floor of Meiheng Building, No. 15 to 45, Kaimin Trail. The transaction price was 89 million and the area was about 1,000 square meters. The current location is the grocery retail store Shengfeng. Specialized stores, the monthly rent of 235,000, compared with the first tenant convenience store monthly rent of 195,000, an increase of 20.5%, a return of about 3.2%.

Last year, Yang bought about 30 shops in Hong Kong and Kowloon, including Minsheng District. Among them, in July last year, he purchased the ground floor of No. 96 Nanchang Street, Sham Shui Po, covering an area of ​​about 900 square feet, with a turnover price of 42 million. The average price is $46,700. The current tenant is Cantonese food and snacks, with a monthly rent of 98,000 yuan and a return of about 2.7%. In addition, over 100 million transactions include the commercial and residential building of Aberdeen Road, with a price of 160 million. It is the entire building of No. 178 Aberdeen Road, with an area of ​​7195.4 square meters, even with 436 square meters of roof, with a price of 22,236 yuan, and a three-storey building, which can be combined into a giant shop. The original owner, Guanhua Mirror Factory, was a member of the Xu family. In 16 years, he purchased the property from the chairman of Taizi Jewelry Watch, Deng Juming, for 105 million yuan. He held the goods for 2 years and made a profit of 55 million. The property appreciated by more than 52%.

At the same time as the arrival of the big hand, Yang Fenbin also smashed the goods. At the beginning of last year, Huaying Group invested 66.3 million yuan to purchase the 7A to 7B ground floor of Liyuan Building, 7-8 Dexing Street, Jordan. The building area is 2200 square meters and the price is over 3 Ten thousand, the current monthly rent is 70,000, and the return is only 1.3%. Yang Fenbin bought in 19 million in 2009, holding 9 years of goods, a sharp profit of 47.3 million, an appreciation of 2.5 times.