14/6/2018-1

Kwai Chung Commercial Building sells 20,000 New Territories

The most expensive commercial property in the New Territories No. 83, Dalian Reed Road, Kwai Chung, K83 has been built and put on sale. A new penthouse unit of the project was sold for about RMB 1,877.67 million, and the construction price was as high as RMB 20,190. The most expensive commercial building record.

The Grade A commercial building at No. 83 Dalian Pai Road in Kwai Chung, the first group, was opened for sale at the beginning of this month, involving about 99 people, which accounted for 87% of the 114 units available for sale and about 1.5 billion in cash. According to sources, the project penthouse, with a construction area of ​​approximately 930 square feet, was sold at a price of approximately RMB 18,877,700, and was sold at a price of approximately RMB 20,190. It was the record for the most expensive commercial buildings in the innovation industry. It is learnt that the new buyers are non-residents and they are required to pay nearly 800,000 yuan in taxes.

The largest buyer is over 6 million

In addition, the largest buyer bought 6 units in the whole floor and involved about 108 million yuan. For buyers, Hong Kong residents accounted for about 65% of the buyers, non-Hong Kong residents accounted for about 35%, and the ratio of users and investors was 4 to 6. The remaining 15 groups of the project, the fastest of which today introduced nearly 10 groups, mainly for middle-level units.

The project was first awarded by the First Group to the government for land acquisition of RMB 759 million in July 2016 with a site area of ​​approximately 13,000 square feet, a floor area of ​​approximately 123,000 square feet, and a floor price of approximately RMB 6,145. It is the commercial site with the highest price in the New Territories. The total investment is about 1.4 billion yuan. The project is expected to be completed in the fourth quarter of 2019.

According to the Land Registry’s information, Buildings 1 to 10, 20th floor, Chai Wan Hong Lee Centre, with a total construction area of ​​about 15,500 square feet, was sold for about 100 million yuan, and the price was about 6,452 yuan. The new buyer is Fu Yuen Industrial. The company’s directors include Zhuang Yijie, who has the same name as the eminent elite Zhuangshi horse owner.