21/6/2017-4

Wanchai Road old building approved demolition demolition

The Buildings Department has approved a number of demolition works, including a number of urban redevelopment projects such as the acquisition of the old building at 232, Wan Chai Road, which has been acquired in recent years, Million square feet of floor.

According to the information provided by the Buildings Department, a number of Disassembly Agreements were issued in April, including 239 to 243 Maifu Road, Wan Chai, Old Building, 232 Wan Chai Road, and 20 to 22, Chung Chung Street, Sai Ying Pun.

If the residential development of the floor 5.2 million feet

232 of Wan Chai Road was acquired by the Winterpeit Fund in the past two years and successfully secured $ 600 million at the beginning of last year, including the last batch of residential properties at a purchase price of $ 12 million per group. The project was approved by the Buildings Department for redevelopment. For residential development, about $ 52,000 sq. Ft.

The site is owned by Union Real Estate (00056) or related parties and is expected to be redeveloped and is expected to be a hotel project.

Sai Ying Pun old building to be converted commercial and residential projects

In addition, Henderson (00012) has recently been actively involved in the acquisition of Sai Ying Pun Chung Ching Street Old Building, which has just been approved to redevelop 20 to 22 Chung Chung Street. Developers have previously merged the old building into redevelopment projects from 6 to 18 Chung Tung Street and planned to rebuild into a 30-storey commercial and commercial project to provide about 240.