21/12/2017-8

Sheung Shui Mosquito residential development in fine competition

In this fiscal year, the supply of private residential flats for land sales has been met. The land flats newly introduced by the Lands Department also become diversified. In a mosquito-type residential area of ​​just 2,160 square feet in Sheung Shui, this Friday (22nd ) Cut the tender, the industry expected to attract small developers or investors compete.

On Friday cut material value of 93.22 million

The nearest public Shueisu Xinle Street site is adjacent to Shihu Hui Playground. It takes only 5 to 10 minutes on foot to the MTR Sunshine Station and is also close to the retail hot spots in Sheung Shui Plaza and Sheung Shui Hui.

However, the site area at Sing Le Street is only about 2,160 square feet. It is the smallest land-use surface plot for nearly 9 years and a total floor area of ​​9322 square feet is also available.

Surveyors estimate that the land valuation of about 37.29 million to about 93.22 million yuan. Zhang Alice, Deputy Managing Director of Colliers International Asia, believes that the height limit of the site is only 20 meters. With the limited development of trees in the site to be nursed, I believe it will still attract local investors to compete. The estimated land premium is about 93.22 million yuan, floor price per square foot about 10,000 yuan.