Tsuen Wan Industrial Park THE BLOCK SEA
The BLOCK SEA project of the Tsuen Wan industrial building project was formally launched yesterday. The first phase launched 16 gangs and sold 5 gangs on the same day. The maximum transaction price was about 1.7 million yuan.
The BLOCK GROUP, founded by the chairman of Sasha International (00178), the chairman of Guo Shaoming and Chen Zhenbang, launched the latest industrial building project at THE BLOCK SEA in Tsuen Wan. The project has provided a total of 68 teams, devaluing 16 studios with a total area of 85 to 266 square feet, starting at RMB 570,000.
From 85 to 266 to 570,000 yuan admission
Chen Zhenbang, founder and chief executive of THE BLOCK GROUP, said that now that there is a certain demand for a flexible working space for SMEs and that the project’s response to the project in Kwai Chung is satisfactory, the launch of THE BLOCK SEA is believed to have sea views and convenient transportation. Such advantages will attract SMEs or start-ups.
Buyers will enjoy a number of benefits, including an early bird discount of 3% and a 4 per cent rental return. In addition, the developer also provides a 70% mortgage for the purchaser, which is calculated based on an admission price of RMB 570,000. It can borrow nearly 400,000 yuan, that is, about 170,000 yuan in the first period.
The project commissioned the Central Plains (industrial and commercial shops) as the exclusive agency. It was sold on the market from yesterday and market sources indicated that five groups had been sold on the same day. The highest transaction price was 1.6966 million yuan, and the highest price was about 8,526 yuan.
Tsuen Wan Industrial Building Trading 449 cases this year
Pan Zhiming, managing director of Zhongyuan (Industrial and Commercial Store), stated that as of the 13th of this month, there were about 449 commercial building sales transactions in the Tsuen Wan District, and the average selling price was about RMB 5,427, which was higher than the 335 transactions in the first half of last year. About 34%, and the price of haze has risen by about 53%. It can be seen that the amount of industrial property in Tsuen Wan District has risen steadily and the investment value has been significant.
The neighbouring 29-33 Chai Wan Kok Road also recently saw a new high, which is the lower floor of the building. It has a total area of about 5,700 square feet and was sold for about RMB 60 million. The closing price was about RMB 10,526, reflecting the property reserve in the area. Sought after.