Gold shop rents by Wang Ching vacancy rate drop
The recent number of mainland visitors continue to rise, a number of retail industry rental desire has also been enhanced. Recently, the market with the number of gold shop shop rent shop, the main retail area of high-quality shops, although the rent continued to decline, but the gold shop rental can reduce the vacancy rate of retail shop.
According to the information, the G01A, Gyeonga, G / F, Golden Mile Holiday Hotel, 50 Nathan Road, Tsim Sha Tsui, covers an area of about 1,600 square feet and is rented at a monthly rate of $ 750,000.
Golden Island Holiday Hotel ground to reduce rent to undertake
Market news revealed that the shop was originally a double big shop, an area of about 3,244 square feet, originally by Chow Tai Fook jewelry rental more than 13 years, during which rents continue to increase, to the monthly lease of about 400 million. But after the expiration of the lease, Chow Tai Fook decided to rent. The owner of the group split the shop into two, each shop area of about 1,600 square feet of leasing, the final gold supreme lease one of the shops, but the new rents fell about 62% of the old rent.
The industry pointed out that the shop rented by the gold shop for nearly 13 years, there is a certain return to the source, the new tenants to 4 fold rental shop, and to undertake the old tenant source, so to attract gold shop rental. In fact, Kim Jung-il has been in the vicinity of Nathan Road, Haibao Building has a nearly 5,000 square feet of the shop, the beginning of the year to 1.2 million yuan to renew the rent, reflecting the gold shop still has the desire to expand.
In addition, 616 to 623 Mong Kok Road, underground shop C, an area of about 2,500 square feet, originally by the watch shop for many years, recently to rent 550,000 yuan to lease to Luk Fook jewelry, feet about 220 yuan. Data show that the shop as early as 2008 rented to watch shop when the monthly rent has reached 66 million, reflecting the rent back to 9 years ago level.
Nathan Road, more jewelry store into the object of rent
Market participants said that the section of Nathan Road, dozens of gold jewelry store settlement, more than 10 years to form the area’s famous Golden Street, has always been very Yibi supply, it became a chain of gold jewelry shop rental object.
On the other hand, the market news revealed that Chow Tai Fook, with a monthly sum of $ 380,000 per month in the previous month, would rent an underground area of about 1,200 square feet and a rent of about $ 317 on 666 Nathan Road, Mong Kok. The brand in 2014 to 63 million per month rental shop, the new rent fell 40%.
The industry admits that the luxury goods industry sales in the short term is difficult to return to the peak, but the Chinese community demand for gold is always very large, so long as the rent callback, gold shop rental interest is still expected.