Mainland consortium 470 million unified road east old building property rights
The redevelopment value of the old buildings in the urban area. The Mainland consortium bought $1,520,000 and bought the last group of the old buildings at 106-108 Queen’s Road East, Wan Chai. It has accumulated a total of about $470 million to “pick up” the unified property ownership. It is estimated that it can be redeveloped. A mini-family with more than 10,000 square feet of floor space.
According to the Land Registry, a group of high-rises at No. 108 Queen’s Road East, Wan Chai, with a total of $15,200,000, was sold at a new residential high, with a saleable area of about 496 square feet. The practical price was about $30,000. Half a year ago, the purchase price was about 10% higher. The buyer was Tenghong Creation Co., Ltd., and the registered director was Zhang Tenghong. He was the same name as Zhang Tenghong, director of Xinhai Holdings.