Capital Strategy 270 million 4 floors in Central Plaza
The two-to-four commercial building project at Shelley Street in Central was dismantled from last month. Four floors were newly built on the 6th, 7th, 11th and 12th floors. Each floor covers an area of about 2,300 square feet, involving a total investment of about 270 million yuan. The entire floor of the 11th floor was sold for about RMB 69.63 million, and the price was about RMB 30,000. The developer’s capital strategy (00497) accumulated a total of 12 floors.
According to another source, the entire high-rise floor of Wantaili Plaza in Kwun Tong covers an area of 12,316 square feet, with 6 parking spaces, for a total of 196 million yuan, and the price of nearly RMB 16,000.