Exhibition Square office building selling price 50,000 put on sale

The hot atmosphere of Hong Kong’s commercial buildings has driven the price to continue to rise. Buyers continue to attract quality properties. Hong Kong Island office buildings are the most sought-after, attracting owners to sell their properties. Zhonglian Business Zhongyejian stated that the sale of the room on the third floor of the office building of Convention Plaza, No. 1 Harbour Road, Wanchai, was approximately 1,951 square feet, and was currently sold at an expected price of RMB 50,000, with a total asking price of approximately RMB 97.55 million.

The price tag is 55,000 yuan

Zhong’s continuation refers to the unit’s four-square grid, high utility rate. It is facing the position of the lift and enjoys the panoramic view of the sea. The property is currently sold under a lease. As tenants are renting in the early years, the current rent is slightly lower than the market level. However, the property is a benchmark in the area, and the rental level has always been guaranteed. A new low-level unit leased out at a rent of about RMB 88. It is believed that as the demand for office space in the district increases, there will be a substantial increase in property lease rates in the future. space.

As a matter of fact, in recent years, property transactions in Wanchai District have been frequent. Except for the transformation of many buildings in commercial buildings, many developers have also actively engaged in acquisitions in the region, including Swire Properties (1972) earlier reunifying Queen’s Road East at 2.055 billion yuan. The two-storey old buildings titled at No.56, Qutton Street and Randu Street are proposed for commercial development. This shows that the prospects for the district are highly optimistic. The commercial properties are successively broken and the construction cost continues to rise. Among them, the high level office building of the Convention Plaza is full. On the other hand, the price of 5.5 million yuan was changed earlier and it became a new indicator in the district. In contrast, the unit that is currently put on sale is still slightly lower than the target price, which is believed to attract investors.