Strongly applied for half a year, 19 cases, 7 years, the most
In recent years, the old buildings in the urban area have become the battleground for Chinese and Hong Kong developers. In recent years, they have been aggressively acquiring Hengdi (00012) in the old buildings of the urban area. In the first 10 days of this month, they have submitted 3 strong applications in the first half of the month. In the first half of the year, they submitted 6 applications. The most active among the major developers. With the application of two applications in the old building of Yiu Tung Street, Shek Kip Mei, the Lands Tribunal has recorded 19 applications for strong shooting this year, five more than the first half of last year (about 35.7%). ), and it belongs to the first half of 2012, recorded 44 times since 7 years.
Hengdi Shiweiwei old building is valued at 260 million
After applying for a compulsory auction at 33-47 Yili Street, Central, last week, Henderson applied for a strong auction on two projects, namely, No. 1 and No. 2, Yiu Tung Street, Shek Kip Mei, and 9 to 14 Yeung Tung Street. The old building is 4 stories high, and the ground floor is a bunk. The above is for residential use, with a total valuation of about 2.6292 billion yuan.
Among them, 9 to 14 Yiu Tung Street, aged about 67 years, covers an area of about 7725 square meters. Henderson holds about 87.5% of the title. The surveyor’s valuation is about $179.92 million. As for the 1 and 2 Yau Tung Street. The site area is about 2475 square feet. The existing building is about 66 years old. Henderson Land also holds about 87.5% of the shares. The surveyor’s valuation is about 84 million yuan.
Henderson’s annual report shows that the two sites are part of No. 1 to 27, Shek Kip Mei Street, 202-220 Nam Cheong Street and 1 to 14 Yiu Tung Street. The total area is about 455,000 square feet. The two batches of old buildings in Yaodong Street were not completed. If all the titles were unified, the total floor area that can be rebuilt was about 409,700 square meters.
According to the information, between the years of 2014 and 2018, only one to three applications were filed in the first six months of the year. There were only six to nine applications in the whole year. The pace of application this year has obviously accelerated. In April this year, it was in Tai Kok Tsui. A total of three strong cases were made in two batches of old buildings at Wan On Street and one site at Lok Shan Road, To Kwa Wan. Together with the three applications recorded on the first 10 days of this month, six strong applications were recorded in less than three months. The total value of the six cases was about 2.16 billion yuan. Under the application of the Henderson Secret, 19 strong shot applications have been recorded in Hong Kong this year, which is the most in the past seven years.
Chen Chaoguo, managing director of Savills Valuation and Professional Consultant, pointed out that the acquisition of old buildings is the main source of urban development projects for developers. I believe that the number of applications for strong shooting this year is expected to surpass last year’s 39 cases and become 2012. It recorded a seven-year high since 57 years. In the half year of Hengheng, there are still many projects that can apply for a strong threshold. It is estimated that the number of applications for the whole year has the opportunity to create a new high in the group in recent years.