Kwun Tong Maisi Wei Building 2 billion tender
The redevelopment value of Kowloon East’s industrial buildings is high at $ 2 million for the whole building of the Granville Industrial Building in Kwun Tong. The property can be reconstructed at 230,000 sq ft and the floor price is about $ 8,696. The project was held by Maxwell Electronic Chairman Yu Chongguang.
Near Ngau Tau Kok MTR station to enjoy large unilateral
The Kwun Kwong Industrial Building in Kwun Tong is now marked with an area of approximately 19,100 sq ft and 7 sq m high. The gross floor is about 130,000 sq ft and is currently used for warehouse use. The biggest advantage of the project is located near the Ngau Tau Kok MTR station, with a large single side, and the building as early as the 60’s completed, the age is already old, the new buyers are expected to be rebuilt. According to the highest plot ratio of 12 times the project can be rebuilt floor nearly 230,000 square feet, the owners of the current intention of about 20 billion yuan, the floor price of about 8,696 yuan.
Near the new commercial buildings in the near future has been completed, the new buyers to buy the site, still need to fill the land to be rebuilt into commercial buildings.
If the intention to pay the property transaction property appreciation 62 times
Looking at the information, the building is currently held by the Chairman of the Maxwell Electronics Group, such as Yu Guangguang. The group bought its own for $ 31.51 million in 1983 and 62 times for property with a final turnover of $ 2 billion. Yu Chongguang for the Hong Kong industrialists, in 1966 in the United States after the completion of the establishment of the Maxwell electronics factory, the production of camera flash, business is ideal. In addition, he is also a “great philanthropist”, including the funding of academic research, is now the honorary president of the University of Hong Kong Foundation.
In recent years, there have been many supply of new commercial buildings in East Kowloon, and several offices have been completed in the vicinity of Ngau Tau Kok, including the Mapletree Bay Point, which is close to the Granville Industrial Building, which will be completed this year. The building has recently been booked by the Engineering Consultant The company leased the whole floor, involving about 36,000 square feet, about $ 25 rent.