Ao Teng Square, about 800 million yuan changed hands
The traffic facilities in Jiulong Bay have matured. The industrial and commercial properties in the district have been sought after by the market. The entire Ao Teng Plaza commercial building held by Nan Fung has changed hands with about RMB 8 billion and the average price is RMB 1.07 million, which is the most prominent in Kowloon in recent years. High price deals.
The Ao Teng Plaza is about 17 stories high. Each floor area ranges from 23,000 to 37,000 square feet. The ground floor to the first floor is the shop floor. The 2nd floor is the parking lot. The 3rd to 17th floors are office buildings. The interior is equipped with swimming pool and air. Garden and so on. The project formerly known as the industrial building was purchased by Nanfeng in 1997. The land price was then converted to a commercial building and completed in 2010.
New high rent in the district returns about 3%
The project was put on sale in the middle of last year, and due to its location on the seafront near the seafront area, panoramic view of the cruise terminal is expected. At present, the building tenants include telecommunications companies, Otis Elevators and banks, etc. The average lease rate is about RMB 25 and the rental return is about 3%. Recently, the project was sold for about $8 billion. It was calculated on the basis of a total of approximately 74,500 sq. ft. of buildings, with an average price of approximately $1,070. The transaction price was the highest in the region. It is known that the buyer was Zhongmu Land (01224). Chairman Zhang Songqiao, partnered with Capital Strategy (00497) and Pan Hai Group (00129) for a joint venture purchase.
On the Wai Yip Street site invested by Shunzhi (00083), Billion-King and the company’s funding strategy, the sale of commercial flats in recent months has also begun. It is understood that the average transaction price ranges from 15,000 to 16,000 yuan. As regards rent, the future commercial floor supply in the district is relatively high. Currently, the rents for commercial buildings in the district range from $17 to $23, including a high-rise unit in Hongtian Plaza, with an area of 1,293 square feet. In recent months, it has been rented for nearly RMB 30,000. , 呎 Lease 23 yuan.