The consortium replied 127 million to buy 7 groups of old buildings in Xiying
A consortium started mergers and acquisitions on the old building of Pokfulam Road in Sai Ying Pun, and it was tidying up to 127 million yuan to purchase 7 groups. The most expensive group purchased the price of 26,000 yuan, which is close to the price of the new district in the same district. It has already received 30% of the title. It can rebuild 46,000 square feet of floor space.
According to the information of the EPRC Economic Property Database, two old buildings, 31 to 31A and 33 to 33A, Pokfulam Road, Sai Ying Pun, have accumulated 7 groups since March this year. The purchase price ranged from $13.603 million to $25.44 million. The total amount is about 127 million yuan. The new buyer is Yu International Investment Co., Ltd., and the director of the registered company is Liang Hongji, which is believed to be acquired by the consortium.
The most expensive price is 26,000.
The most expensive group of acquisitions is a top-floor unit in the old building of No. 31. The purchase price is RMB 25.24 million. The actual price is 971 square feet. The purchase price is about 26,000 yuan. References to the new disk 63 Pokfulam last July, the first set of discounted price ranged from 26,000 to 33,000 yuan, the project purchase price is close to the new disk in the same district, showing that the consortium’s bidding and aggressive development potential.
Located at the famous school network
The two old buildings are about 57 years old and are 5 and 8 storey residential projects. A total of 23 are provided. It is estimated that the consortium has accumulated about 30% of the shares. The project is located at the famous school network on the 11th Island of Hong Kong. It is opposite the St. Paul’s College. There are also St. Stephen’s Church Middle School, King’s College and the University of Hong Kong.
The site area is about 5,172 square feet and is classified into residential (Group A) use. The height of the building is 120 meters above the main level. After the unification, it is estimated to be rebuilt into a 30-storey residential building with a floor area of approximately 46,500 square feet. Nearly 5 years old Gossett, the second-hand price of about 24,000 to 26,000 yuan.