172-foot shop at Guanghua Street

The retail market is quiet, and retail prices in core retail areas have also shrunk

Market news indicates that Shop 22, G / F, No.1 Guanghua Street, Mong Kok, has an area of ​​about 172 square feet. It recently changed hands through the company’s share transfer (or shell purchase) for 12 million yuan, with a price of 69,800 yuan. For senior investor Luo Shouhui.

The original owner sold it for 20 million yuan before the anti-revision storm last year, but the market was not as good as before. Finally, the recent sale price of 8 million yuan was successfully sold, a decrease of 40%. The original owner bought it for 17.18 million yuan in 2012 and held it for 8 years, with a book loss of 5.18 million yuan or 30% leaving the site.

Baihua Street Shop rents 40%

In addition, the Land Registry showed that the ground floor of No. 24, Baihua Street, Central, has an area of ​​900 square feet. It was rented out at a monthly rent of 75,000 yuan and a rent of 83 yuan in the middle of this month, which is 42% lower than the monthly rent of 130,000 yuan compared with the previous lease. The monthly rent at the peak of the year is more than half of 150,000 yuan. The original owner purchased it for 110 million yuan in 2012, and the rental return was less than 10%.

High-rise of Zhuo Ling Center

In addition, Ma Jinsong, deputy district business director of the Central Plains (Industrial and Commercial Shop) Office Department, said that the entire high-rise floor of Zhuo Ling Center, 133 Wan Chai Road, Wan Chai is now on sale. In Jiji, the owner’s intention price is 62.45 million yuan, and the intention price is about 18,500 yuan. The landlord rents the rent for about 20 yuan per square foot, which means that the monthly rent is more than 67,000 yuan. Ma added that Wan Chai Road has recorded only two more than 3,000 square feet of transactions in the past 5 years, both located in Zhuo Ling Centre. The most recent one is the lower floor of the building, covering an area of ​​3,443 square feet. About 16,000 yuan sold.


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