A number of urban areas will be estimated to be worth 270 billion
With the opening of the Guangzhou-Shenzhen-Hong Kong high-speed rail section of Hong Kong, the Government will launch a number of commercial sites from next year. Among them, the Hong Kong Terminus Project is the largest, together with a number of Kai Tak and Hong Kong Island, providing 11.77 million square feet of floor Worth $ 270 billion.
Tsim Sha Tsui high-speed rail covers the most expensive business
The lack of commercial floor supply, the Government said that next year will launch a number of large urban commercial land. Which will be completed by the end of next year, the opening of the terminal project, will also launch a market tender, the site area of about 630,000 square feet, for office and shopping malls development, the total floor of the building About 3.16 million square feet, than the same area of the global trade square (the floor about 2.82 million square feet) 1.2 times.
The surveyor estimates that the site is valued at about $ 20,000 to $ 30,000 per square foot of the floor and the market value will be $ 322.8 billion to $ 94.8 billion. If the tender is to be launched, it will become the most expensive single commercial land in Hong Kong.
Central new beach to see the price of 40,000 yuan
Central Meili Road commercial to this year at high prices approved, the largest new beach in Central No. 3 sea view, located in the Queen’s Square, north of the land per square floor of the valuation is also increased to a maximum of 40,000 yuan, the market value of about 40 billion to 64.4 billion yuan, floor price range between 25,000 to 40,000 yuan. The land plan is divided into A and B development, and for the office and retail in the low-density comprehensive development, involving a total of about 1.61 million square feet of floor.
Plus commercial land for the redevelopment of the Queensland, Causeway Bay Caroline Hill Road, Mong Kok Laundry Street, and the Kai Tak Development Area, which is estimated to provide about 11.84 million square feet of commercial floor. If all the land is sold smoothly, The estimate is expected to bring up to $ 27 billion in land sales for the government.
In addition, the Government has made great efforts to promote the “launch of Kowloon East" in recent years. It has seen the commercial development model of Kwun Tong and Kowloon Bay. It is planned to extend part of the strategy to San Po Kong and has launched research and exploration. , To improve the environment and environmental protection facilities to increase the vitality of the district.
According to the Government, in addition to San Po Kong as the third point, the future has the opportunity to gradually promote to other Kowloon East region, to create the second core business district in Hong Kong. The industry is expected to bring about a rise in the value of industrial and commercial properties in the San Po Kong area.