Surveyor Chen Xuming sweeps 4 groups of OK688 industrial buildings
Senior investor Luo Zhuxiong invested in Changsha Bay OK688 (industrial building), which is ideal for dismantling and selling. It also attracted Chen Xuming, the former president of the Hong Kong Institute of Surveyors, or related parties, and swept into four units with a total amount of about 16.7 million yuan.
Market sources revealed that Chen Xuming purchased 4 studios 1, 2, 3 and 5 of OK688 for about $16.7 million, with a total area of about 1,478 square feet and a price of about 11,000 yuan. The expected return on investment is not less than 4%. It is understood that OK688 has a total of 116 studios, 40 of which have been sold so far, and cash is about 80 million yuan.