14/12/2017-3

Cathay Pacific on the 16th to be leased to start

Several developers are responding to the Social Action Alliance to launch social housing sharing programs, including the Chinachem Group will provide 16 units located in Pok Fu Lam Wah Fu Court.

In addition to sharing houses, Karen Chin, executive director of Chinachem Group, revealed yesterday that it will provide the entire block of commercial buildings at 16 Hart Road, Tsim Sha Tsui, and rent it to start-ups in a bid to help start young businesses. The Group is now recruiting non-governmental organizations (NGOs) to collaborate and bring up and managing the project.

Looking for NGO cooperation to help young entrepreneurs

Gong Ren, executive chairman of Chinachem Group and Chairman of the Governing Council, said that on the 16th, the sale was intended to be priced at about $ 400 million earlier on the Hart Road. However, those who are short of asking for help are more likely to start a business than young people. He hopes to find experienced NGOs to hand over the entire project, including managing and approving start-up applications.

The Group has been looking for a suitable NGO since 2015 and recently went to Guangzhou to search for it. However, it has not been able to do so. Gong Zhi will continue its efforts to provide young entrepreneurs with reasonable rents because they should not send money for charity. “It is our purpose to do charity by giving them more opportunities than fishing.”

Completed in 2014, 16 Hart Road is a 23-storey commercial building with 5 floors for rental shops, a total gross floor area of ​​24,305 square feet, office space of about 1,146 square feet and retail floor area of ​​1,036 to 1,873 square feet. Some real estate professionals pointed out that the building is located in the heart of Tsim Sha Tsui. It is estimated that if leased on the market, office space is about 25 to 30 yuan per square foot, while the rent is $ 40 per square foot.

Tsai Ming-chuen, Chief Experience Officer with 10 Years of Experience in Venture Research, CXO (Chief Experience Officer) Tsai pointed out that Chinachem Group is willing to help and encourage young entrepreneurs to take advantage of their strengths as a good thing. Tsim Sha Tsui is attractively located and he is also very interested in this project. Choi suggests Chinachem consider introducing specific industries in the same district. For example, Tsim Sha Tsui is an entertainment precinct that can introduce eating, traveling, or sharing the start-up of an App so that startup employees can reach out to the street to reach customers and make full use of the advantages of the district. A startup community to create a private startup incubator.

Involved in social housing involving China Club 16

In addition, Chinachem participated in the social housing sharing program of the Association and provided the first batch of 16 units at Wah Fu Court in Pok Fu Lam. Asked about the rent, Gong Zhongxin, Executive Director and Marketing Director of the Group, said that he is discussing the rent level with the Federation of Social Organizations and renovating it according to the requirements of the other party. He also disclosed that social housing projects No. 2 and No. 3 will be launched early next year. There are dozens of vacant flats under its umbrella, but it is unknown how many can become social housing.