21/9/2018-3

China Construction 220 million to buy 19 old buildings in the Valley Road

The acquisition of the old building was active. A row of old buildings in the valley road near Ho Man Tin Station, China Construction (03311) or related people scolded 19 million yuan to acquire 19 groups and successfully purchased 70% of the shares.

Near Ho Man Tin Station, high reconstruction value

The old building is located at No. 15-21 of the Valley Road. Among them, 15 to 17 Valley Road belong to the 8-storey old building. The building is 54 years old, while the adjacent Valley Road 19-21 is a 4-storey old building. In about 61 years, it is only one street away from Ho Man Tin Station and has considerable reconstruction value.

According to the EPRC Economic Property Database, 19 batches of transactions were recorded in the old buildings, involving 14 houses, 3 plots and lofts, and 2 miscellaneous properties, involving a total of 220 million yuan, of which the shop purchase price was about 29 million to 3,130. Ten thousand yuan.

“Boufang” purchase price of 3.92 million

As for the residential sector, the general purchase price ranged from about 8.163 million to 12.16 million yuan, while some of the “mortar” purchase prices ranged from about 3.92 million to 4.64 million.

It is worth mentioning that the purchase price of the miscellaneous properties of the two rooftops was about 1.87 million to 2.18 million yuan, including the rooftop of Room A, No. 19, Valley Road. The original owner purchased it at 30,000 yuan in 2000, currently at 1.87 million. Yuan Yan out, earning more than 60 times.

According to the information, the buyers of the old buildings are all AUSPICE INVESTMENT LIMITED, and the directors of the company include Zhou Yong, Chairman and Executive Director of China Construction, and Kong Xiangzhao, Executive Director and Vice President.