Mong Kok ground floor near the activation project

There are also redevelopment projects in many locations in Mong Kok District and the surrounding commercial and residential properties enjoy the potential for appreciation such as the recently released Shanghai Street Ground Floor Shop.

The sale of retail floor located in Shanghai Street, 619 to 621, an area of about 1800 square feet, with about 1,500 square feet into the Court, intended price of 188 million Hong Kong dollars, equivalent to about 57,000 square feet per square foot. Booth lighting companies from the lease, the monthly rent of about 246,000 Hong Kong dollars, the lease period until June this year, new buyers enjoy a stable rental income. In addition, the lot is mainly for the retail of building materials and furniture, which is easy to attract the target customers.

With the pick-up in the retail market, shops in Mong Kok also became hot. In the past month, a number of large turnover cases were recorded. Listing is located in the heart of the district, close to Mongkok MTR station and landmark shopping center Langham Place, crowded. Opposite to the property is the URA Shanghai Street activation project, which is expected to be activated into dining and commercial use. The future development of the project is based on the high-rise line.