37 million flats on the ground floor of Tung Choi Street, Mong Kok
The vacancy rate in the core area continued to be low, and Mong Kok has the lowest vacancy rate in the main core areas. This reflects the rebound in tourism and retail industry this year, which has led to an increase in the demand for shops. The newly released Mong Kok Tung Choi Street site is about 200 square feet, with a lease price of 37 million yuan.
Even the lease sale will enjoy a return of 2.4%
Shi Xiu Xian, Director of the Board of Directors of Midland Wangpu, said that the E1 building on the ground floor of Baoan Building, 124A to 124, Tongcai Street, Mong Kok, covers an area of about 200 square feet. The lease is sold at an intent price of 37 million yuan, with an average price of 185,000 yuan per square foot. The biggest selling point of the shop is that the interval is square and practical, and the door is about 8.3 inches wide. The site is now rented by a skewer shop. The monthly rent is about $75,000. It is expected that the new purchaser will enjoy a rental return of 2.4%. The shop is located beside the entrance and exit of the pedestrian footbridge in Mong Kok. There are many major shopping streets surrounded by gardens, such as Garden Street and Tung Choi Street. The Japanese and Japanese people are constantly flowing, and they are free to spend a lot of money.
According to the statistics of the HKTB, in the first seven months of this year, the overall number of visitors to Hong Kong increased by about 9.4% over the same period last year. As a tourist hotspot, the MTR district has a hot atmosphere, such as 155 to the laundry street. The underground area of No. 161A is about 1,200 square feet. Last month, it changed hands with RMB 53.2 million, and the average price was about RMB 44,000. In addition, the ground floor of No. 142 to 146, Tongcai Street, covers an area of about 322 square feet, with a turnover of more than 140,000 yuan per square foot, and the cost is about 45.2 million yuan, reflecting the prospect of the core area of the ground floor is more optimistic, the area is the finer unit The higher the seating power.
The restaurant is stationed in Tung Choi Street.
In fact, Mong Kok, in addition to the theme street rents such as Ladies’ Market and Boys Street, is high in price, and the Tung Choi Street, known as Goldfish Street, is home to aquarium, pets and other related industries, plus no shortage of restaurants. For example, there was a restaurant with a rent of 10,000 yuan for renting a food street of about 163 square feet. The area was about 1,000 square feet. In addition, the 800 square foot was inserted into the attic, which was 8% higher than the original old lease. . In addition, in recent years, the chain-type beverage shops that have been popular in the past have rented a floor space of No. 158A, Tongcai Street, with an area of about 550 square feet and a monthly rent of about 80,000 yuan. As for the D1 and D2 No. 124A to 124B of Tung Choi Street which is adjacent to the sale unit, the area is about 450 square feet, and it is rented out at 550 yuan per square foot.