10/8/2017-7

Hengde Huangpu 5 Street Development continued Shen strong shot 3 old building

Henderson (00012) Hung Hom 5 Street acquisition See results, just Huangpu Street, three old buildings to apply for a strong shot, the valuation of a total of 457 million yuan, together with the surrounding mergers and acquisitions more than 80% of the project can be reconstructed nearly 1 million square feet, Can build about 2,500 people.

Hengda close to the urban area for the acquisition of old buildings to increase the land reserve, which Hung Hom District, the largest project. The developers have applied for a strong film at 23 to 29, Whampoa Street, and 79 to 81 of Pak Kau Street, as well as 35 to 37 at Whampoa Street. The three buildings are eight floors Live Tanglou, 60 years of age, for the Group to buy 5 Street reconstruction within the scope of the first 6,7 cases of strong film applications.

3 old building patrol worth 460 million

The site will be 5,625 sq ft and offer 35 and 5 floors. The developer has nearly 86% of the ownership and the remaining 3 flats and 4 teams have not yet completed the acquisition. The market is valued at nearly $ 323 million.

As for the 35-37 Whampoa Street project covers an area of ​​3,000 square feet, providing 21 and 3 floor shops, currently holding 83.33% of the ownership of the building, but 1 floor and 3 have not yet acquired, the valuation of nearly 135 million yuan.

If the two sites are reunified and redeveloped, the estimated maximum cost is 9 times. It is estimated that the land can be reconstructed into commercial buildings of about 77,700 square feet.

5 small site from the previous year Shen Qiang beat

The project was launched at Shepherd Street, Wharf Street, Pak Kee Street and Pak Kah Street, covering nearly 100 buildings. More than 8% Title.

Among them, the large-scale site of the “Day”, which is made up of Yili’s Road, Bijia Street and Baoding Street, is ideal for the development of the acquisition. Developers from the previous year, has been one of the five small sites to apply for a strong shot, together with the second two sites, is expected to be built about 691,000 square feet.

And another adjacent to the Whampoa station by Huangpu Street, will be composed of large-scale site, Hengtai currently has three small sites have acquired more than 8 shares, in line with the application of the filming threshold, involving the site area of ​​about 32,000 square feet , Do not rule out the year will be ready to apply for strong beat, to speed up the pace of reconstruction for the development.

According to the annual report, Hengti Huangpu 5 Street in the acquisition of the site area, covering nearly 109,000 square feet, if the plot ratio of 9 times the development of the highest building up to 980,000 square feet, is the largest in recent years Private urban renewal project. If the unit per unit area of ​​400 square feet, the material can provide about 2,500 people.

In addition, some of the old buildings in the whole project are believed to be in the process of being acquired. If the project is to be unified, the site will be expanded to 1.2 million square feet and the floor will be expanded to 1.2 million square feet.