Developers to integrate industrial property rights to increase soil storage
Developers actively integrate property rights to disperse industrial buildings and apply for reconstruction through strong rallies to increase their land reserves. Among them, the Kowloon East and Hong Kong Island Industrial Building, the most attention, the individual acquisition focus, but also by developers to buy price increases.
Recently, at least two industrial projects have been won by developers through the acquisition of a unified title. The latest for the constant (00012) a total purchase price of 407 million yuan, phased acquisition of West Central Tiancheng Industrial Building title. As the lot belongs to the “Residential (Group A)” planning purposes, many properties have been rebuilt into residential buildings in the vicinity. Recently, developers purchased two units at a cost of 100 million yuan, a 1.6-fold increase over the purchase price three years ago. Under the price increase, the two companies successfully acquired a unified ownership.
In addition, Kwun Tong Yip Fat Industrial Building Phase 2, just to the reserve price of about 1.62 billion yuan, through the strong beat unified ownership, the buyer for the Burn optical founder Yang Jianwen floor price per square foot of about 7,493 yuan, expected to make up the land Rebuilt into commercial buildings.
Willing to raise prices to speed up the uniform ownership
It is worth mentioning that there are still a number of industrial buildings in East Kowloon and are being acquired by developers, including Anlong Factory Building in San Po Kong. The unit is under acquisition by New World Development (00017) and the company purchased for $ 45.90 million last year 3 units. Among them, Unit A on the 2nd floor has a transaction price of 16.45 million yuan, representing a turnover of 13.5 million yuan from Room A on the 5th floor in 2015, about 20% higher. It also reflects that developers are willing to increase unit purchase price , Speed up the unified building ownership.