Hengdi more than 1.4 billion unified red dragonfly four old buildings

Henderson Land (00012) is actively acquiring the old buildings in the vicinity of Licence South Road and Baker Street in Hung Hom. It was successfully sold at a reserve price of $1.445 billion yesterday. It is unified at 30-44 Gillies Road and 75-77 Bing Street. 4 old buildings. The site is composed of four 7-storey old buildings. It was completed in 1956. The building is about 62 years old. The total site area is about 13175 square meters. Henderson has already held 85.71% to 98.18% of the title. Strong shot successful acquisition.

Henderson’s acquisitions in Hung Hom District include Gillies South Road, Whampoa Street, Pui King Street and Po Kuk Lee Street. Hwanda’s executive director Huang Haoming said that the group still has 8 strong applications involving the area. If the entire title is unified, the total site area is about 110,000 square meters, and the total floor area can be built around 1 million square meters. There are few large-scale reconstruction projects in the area, but the development plan has not yet been implemented.

Huang Haoming also revealed that there are still many projects in Henderson to negotiate with the government to replenish land prices. However, the Yau Tong Bay project in Yau Tong District is difficult to complete the land premium procedure within this year. As for the development of the site to a Chinese developer, Huang Haoming believes that it is normal for a listed company to buy and sell. If a buyer has a good price, it will sell it.