Kwun Tong waterfront materials next year completed the first quarter

East Kowloon Commercial Plaza was launched one after another, while Linkfone (00823) and Nan Fung’s Kwun Tong Beachfront Exchange are expected to be completed in the first quarter of next year.

Low-level intention to rent 30 to 40 yuan

In the early years of the Lead Expo and Nan Fung voted land in Kwun Tong, the development of a new business project Haibin exchange. Liang Jiabao, assistant general manager of Link Asset Management, said that each of the office buildings can be rented with an area of ​​about 50,000 square feet. Currently, it mainly offers low-rise units from 5 to 11 floors for leasing. To 40 yuan. The 23-storey property with a total investment of nearly 10 billion yuan and leased area of ​​more than 900,000 square feet will be the new Linhai Grade A commercial building to be completed in East Kowloon and is expected to be completed in the first quarter of next year. Earlier, the project had been pre-leased by JP Morgan for about $ 225,000 per square foot at an estimated 225,000 square feet per square foot for a company’s logistics headquarters at a monthly rental of about $ 6.8 million.

As a matter of fact, the supply of East Kowloon commercial buildings has obviously increased since the fourth quarter of last year. Two Harbor Square, Kingston Financial Center and Hong Kong Pacific Tower have all joined in succession.