Exhibition Square foot price 55000 challenge

Commercial market atmosphere hot, even the monthly price of broken roof. At the 43rd floor, Office Tower, Wan Chai Convention Plaza, a multi-square foot facility was opened up to buyers at the end of the contract. The transaction price was as high as $ 551.1 million and the price was $ 55,000 per square foot. It even challenged the second expensive commercial tower in Hong Kong.

The above-mentioned rumors of commercial units will be handy for the Exhibition Plaza office building 43 rooms 7 to 12 rooms, construction area of ​​100200 square feet.

If the hand will become the second highest in Hong Kong

According to sources, the site belongs to the highest floor of the current trading floor plate set, enjoy the whole sea view, and is a lift, “one of the most beautiful buildings into the quality unit”; the original owner asking price of about 55,000 yuan per square foot, “Iron Fuji, “about six months, the recent purchase by the buyer to the end, the two sides expected to sell the shell form of sale (equity transfer), the transaction price is expected to reach 551.1 million yuan, 55,000 yuan foot price.

If the deal is concluded, the price per square foot will break the record of about $ 38,300 per square foot on the 15th floor and the third floor of this month. The second full price will be 55,000 yuan per square foot on the 79th floor of Central Central Plaza Of the territory of Hong Kong commercial ff price record.

Rental return material 1.4%

Information from the Land Registry shows that the tenants currently on the site are renting more than $ 661,000 per month and the rent is about $ 66 per sq ft. The market lease expires until the end of March. If the above transaction price is reached, the new buyer will enjoy a return of about 1.4% . The original owner GREAT COSMOS PROFITS LIMITED, in August 2002 spent 490.98 million yuan purchase, in June the following year to go SHIMAO (HONG KONG) INVESTMENT LIMITED name.