Sheng Fang Street Kwai Chung sold 12.3 million

Sheng Hui Fund Lee Kin Hing bought the ground floor shop in Kwai Chung Sheng Fong Street for a consideration of $ 12.3 million at a return of 2.6%. The shop was his 17th Street Shop recently bought.

It is on the ground floor of Shop No. 01, K-Tak Tower, 38-44 Sun Fong Street, Kwai Fong and covers an area of ​​400 square feet. It was opened on December 15 at a price of $ 12.3 million with an average price of $ 30,750. At present, Monthly rental of 27,000 yuan, 2.6% return, the original owner in May 2012 to 7.8 million purchase of the site, holding more than seven and a half years, profit 4.5 million yuan, the property appreciation of 57%.

Sheng Hui Li Genxing to undertake

Lee Kin Hing, chief executive of Shenghui Store Fund Management, said the above is the 17th street shop to be bought after the recent new market. It is also the first shop to invest in the Kwai Chung area. He said that as the population in the New Territories West increased, The crowds of people and the supply of street shops are also relatively reduced. As a result of the rising cost, the constant flow of Kwai Chung Plaza in the vicinity of the above-mentioned shops, together with the unilateral paved shops and alleys, is equipped with water supply and three-phase electricity for all walks of life Operating requirements. He added that together with the three existing stalls, there are currently 20 stalls, all of them ground floor shops. It is expected that about 40 shops will be traded this year.

Lee Geun Hye and his fund have been selling properties in various districts in recent years. Recently, he sold out Shop K, G / F, Wah Shin Building, 6-20 Tobacco Factory Street, Mong Kok, with an area of ​​about 700 square feet and a transaction price of $ 17 million Shop for August last year, Li Gen Xing to 13.8 million yuan purchase, purchase price of 19714 yuan per square foot, holding about 5 months, 3.2 million profit, property appreciation of about 23%.