Nguchang Ke 4180 million Tsim Sha Tsui “pull nail”

The land market is hard to buy, developers to regain the acquisition of the old building of the fight, but also at high prices “pull nails.” Senior Investor Wu Zhenke or related parties in the acquisition of Tsim Sha Tsui Kurdish Road 2 and 2A old building, due to the last one group for a long time failed to successfully acquire, in June this year to apply for the Lands Tribunal to shoot the property. However, the Land Registry has shown that Wu Zhenke, who had purchased 41.8 million yuan last month, successfully acquired the unit and unified the title, which means that there is no need for strong filming. The price of the contract is about 61,600 yuan, which is much higher than that of Tsim Sha Tsui Kowloon Station. The cost of the court.

Data show that the original owner of the old developers Yu Taixing, as early as 1982 to 600,000 yuan to purchase the unit, calculated, the unit 35 years appreciation of about 412 million yuan (about 69 times).

2F and 2F tall, with a usable area of ​​679 square feet. The property is worth only $ 6.73 million and the final cost is about 5.2% Times the price of about 61,600 yuan, more than the age of only nine years of Kowloon Station luxury housing prices of about 32,000 to 42,000 yuan.

In addition, Henderson (00012) mergers and acquisitions in the Mid-Levels West Robinson Road 27D to F old building, and then recorded five transactions, a total of about 90.4 million yuan involved.