19/4/2018-1

Xingsheng won 200 million to purchase four floors of San Po Kong Meihua

Developers continue to identify the development of land reserves. Xing Shengjian (00896) just spent 258 million yuan to purchase more than 57% of the San Po Kong Meihua Factory Building, and the average price is over 8,400 yuan. It is expected that the entire building rights will continue to be acquired.

According to the Land Registry’s information, a total of 4 floors of the 1, 2nd, 5th and 6th floors of the Meihua Factory Building at No. 1 Qibao Street, San Po Kong were sold on the 23rd of last month. The total transaction price was 258 million yuan, with a total construction area of ​​30588 square feet. Calculated, the price is about 8,435 yuan. The new buyer is Huangzhuo Co., Ltd. and the company’s directors are Xing Sheng’s executive director and general manager Dai Shihao and managing director Wang Shitao.

The Hing Shing Group purchased units from two owners. The original owners of the 5th and 6th floors were purchased in 2010 for 18.1 million yuan. The current transaction price was 138 million yuan, and the book profit was 119.9 million yuan, an increase of 6.6 times. The original owners on the 1st and 2nd floors entered the market with 3.86 million yuan. They are now sold for 120 million yuan and their books earn 111.6 billion yuan, an increase of 30 times.

Meihua Factory Building is 54 years old and its construction site is 7,762 square feet. Xingsheng Capital has acquired 57.1% of the building’s title. If it is redeveloped, it can build a building with a total floor area of ​​more than 93,000 square feet or a land premium for the commercial building. development of.

Wan Tsai Road commercial and residential building tender did not reach the intent price

In addition, He Decheng, senior sales director of the office division of Zhongyuan (Commercial and Commercial Store), said that the entire building from 124 to 126, Wanchai Road, which had been closed earlier, received bids from two consortiums. The individual bids amounted to approximately RMB 170 million, but they did not reach the intent price. Therefore, both parties still In the consultation phase. The site is a 6-storey commercial and residential property with a total floor area of ​​over 3,500 sq ft.