Golden Island Holiday hotel shop rent 75 million down 62%

The retail outlets in the core retail sector continued to fall, with a double shop in Nathan Road, Tsim Sha Tsui, with a rent of $ 750,000 and a 62% lower rent.

Market sources revealed that a group of 3,700 square feet of Golden Island Holiday Inn, 50 Nathan Road, Tsim Sha Tsui, was originally rented by Chow Tai Fook Jewelery for over 13 years and rents were added to the monthly rent of $ 4 million. But after the expiration of the lease, Chow Tai Fook decided to rent. The owners of the group of complex shop is divided into two, each shop area of about 1,600 square feet, the intention of the monthly rent of about 100 million yuan each rent, one of the underground G01A shop, by the gold supreme to 750,000 yuan lease, Yuan, the old rent down about 62%.

In addition, the news revealed that Mong Kok Nathan Road 617 to 623 underground C shop, an area of about 2,500 square feet, originally by the watch shop rental for many years, recently to rent 550,000 yuan to lease to Luk Fook jewelry, feet about 220 yuan. Data show that the shop as early as 2008 rented to watch shop when the monthly rent has reached 66 million, reflecting the rent back to 9 years ago level.