17/5/2018-8

Kwun Tong Mapletree Centre High Utility Rate Near MTR

There is a large supply of commercial premises in East Kowloon. The Kwun Tong Mapletree Centre has a high practical rate on the floor and is close to the MTR station. It is highly competitive.

In recent years, there has been a large supply of commercial buildings in East Kowloon. From last year to next year, several new commercial buildings were completed. Most of the commercial buildings deviated slightly from the MTR stations. The winning point of Mapletree Center was the tunnel from the Ngau Tau Kok MTR station to the property. In 5 minutes, it is learned that the entrance to the building has been reserved. It is now waiting for approval from the government documents. It will be more convenient to get to the building from the MTR station in the future.

In addition, the property is located at the junction of Kwun Tong Road, Hang Yip Street, Yan Yip Street and Wai Yip Street. It enjoys four sides of unilateral borders. Kwun Tong Road has a number of bus routes and the property provides more than 300 parking spaces for motorists.

In terms of design, the Kwun Tong Road Plaza will have a green garden and it will be quite comfortable. There will be a drop-off point at the entrance of Wai Yip Street. It is worth mentioning that the Wai Yip Street is relatively smooth in traffic and is therefore suitable for motorists.

Occupation at the beginning of the year

The project was formally occupied at the beginning of this year. The storey is 19 storeys high, and the ground floor is a storefront, mainly catering traders. One of the stores has been pre-leased by the cafeteria. The main hall is white with a high ceiling. The building is divided into three sections: high school, low school, low floors, 2 to 7 floors, middle floors, 8 to 16 floors, high floors, 17 to 23 floors, and three sections. There are plenty of lifts in different halls and there are entrance gates. The security is ideal.

Another selling point of the property is the larger floor space, ranging from 35,705 sq. ft. to 36.210 sq. ft. per floor. Although there are many new commercial buildings in the area, only a very small number of single floors reach 30,000 sq. ft., which is suitable for institutional leases. For integration services.

It is learnt that the landlord can also be divided into half-floor buildings in response to the needs of the guests. It is flexible. In terms of equipment, there are raised floors on each floor, two executive toilets and showers. Interval, because the project is a new commercial building, equipped with a quality standard, each floor is 3.1 to 3.2 meters high, with ample sense of space, and a square separation with a practical rate of 80%. In terms of landscape, 8 Bay East is in front of the building, and the seascape is blocked. However, the view of the commercial building along Kwun Tong Road is still open.

Property Square Green Garden theme

In terms of nearby facilities, the property plaza will be themed with green gardens, and the nearby promenade is very comfortable. Regarding food and drink, the Ngau Tau Kok District lacks large shopping malls. The nearby restaurants are mainly located in factories and commercial buildings downstairs. There is a slight shortage. People who go to work can choose to go to apm shopping malls or go to the Telford Plaza in Kowloon Bay.

The owner of the project, Mapletree Investments, paid $3.769 billion at the beginning of 2014 for commercial sites at the junction of Heng Yip Street, Wai Yip Street, Xin Yee Street and Kwun Tong Road in Kwun Tong. The gross floor price was as high as $5,708. The record high value of commercial floor land in Kowloon East at the time was set as the first office project of the fund in Hong Kong.