Reconstruction of commercial buildings in high school Shanghao old houses by holding
Sheung Yuen property rental price up, the district site and the whole building property reconstruction value is high, this year by the consortium watch.
An Lan Street 11 to 15 commercial buildings 770 million hands
In the past year, there were many large and medium-sized transactions in the ring record, and many of the transactions were worth redevelopment projects. As mentioned earlier, the owners’ consignments were sold at 11 to 15 commercial buildings in Central Anling Street. To $ 770 million change hands. The project covers an area of about 2,159 square feet, the site is a 14-storey (even basement) commercial buildings, the total rental area of about 23,000 square feet, an average area of about 1,600 square feet per floor, the project is now clothing Brand D-mop rented.
It is learned that, since the above properties have not been exhausted, with the reconstruction value, it is understood that the new buyers after the purchase, but also interested in the development of the project reconstruction, as the site can be reconstructed by 15 times the commercial use, reconstruction of about 32,385 square Footers, about 4% higher than the current total area, to $ 770 million transaction price, the average floor price of more than 23,800 yuan. In fact, the retail landscape is also ideal for An Lan Street near Queen Street, Central District.
In addition, the old family is sold on the 22nd to 24th floor of Yongle Street, Sheung Wan, which is a 15-storey commercial building with two floors. Up to 1 to 15 floors for office space. The total floor area is about 18,100 Square feet to 320 million yuan, hand price of about 17,700 yuan, the buyer for the Hong Honghui Group, is a merger site, the future reconstruction of the plot rate of up to 15 times the reconstruction, can build a floor area of about 24,360 square feet.
As for the large amount of property transactions, the beginning of the year to build International (00224) to 1 billion yuan, to sell the whole floor of the building, the property floor of 24 floors, each floor area of about 2,800 square feet, a total construction area of 70,616 square feet, Foot price of about 14,000 yuan, the new buyers for the Macau fund OCTA CAPITAL, the purchase of commercial buildings for long-term investment.
Old buildings are not worth the investment
According to the analysis, the Central and Shanghuan District is a traditional commercial lot. The rents of M & A and B are significantly higher in the past year. There are many old properties in the Upper Ring Road. value. In fact, there are few owners in the core area to sell the property. Therefore, the consortium has turned to the old buildings for mergers and acquisitions or redevelopment. Even if the building needs time, the quality of the buildings will be worthwhile.