Lockhart Road shops rent $ 195 per sq ft minus 61%
However, only a few core districts have recently recorded the case of rent concessions. According to market sources, a short rent of about 1,000 square feet at Lockhart Road in Causeway Bay was recorded. The average rent per square foot was about 61% with an average of 195 yuan per square foot .
Market sources refer to the ground floor of Shop 518, Lockhart Road, with an area of about 1,000 sq ft. It is renewed by short-term tenant Bossini for a monthly rent of 195,000 yuan, an average of 195 yuan per square foot, a discount of about 61% over the previous rent. The shop was originally rented from a shoe store, with a rent of about 500,000 yuan, an average of 500 yuan per square foot. The owner also extended the rent for 300,000 yuan at an average cost of 300 yuan per square foot.
Long-term bid 300,000 yuan
Recently, it is not uncommon for shops in the core area to shop and rebate. As earlier owned by investor Lai Wing To, the ground floor at 71 Argyle Street in Mong Kok is about 900 square feet with a short rent of $ 200,000 per month, Rent 222 yuan, 55 million more than the rental price of 63% discount, the old tenant for the Weixing information, rent 430,000 yuan per month, if the old rent, a discount of 53%.
Central Plains (commercial shops) shops business district director Huang Pei-chuen said in recent years, Christmas and New Year’s eve of the short-term rental market is not active, mainly Eli is the main store, and the recent emergence of the core area of the short rent and shop floor discount However, in order to avoid long-term vacancy conditions in shops and to choose short tenants, potential owners should be able to find out more clearly after opening their stores in short-term rental shops Know the advantages of shops to attract long tenants to undertake.
In addition, Liao Weilin, Chairman of Group VIII, was able to buy the entire floor of 33 / F, Tin Lok Plaza, Morrison Hill Road, Wan Chai for an amount of approximately HK $ 37,057,600 after an earlier sale of units on the 7th floor of Wo Hop Building in Sheung Wan and Peel Street in Central. Feet, the average foot price of about 10,600 yuan, to pay the form of transactions. Liao Wei Lin said the site will be used for mid-line investment.
Liao Wei Lin purchase full day music
According to the information from the Land Registry, the original owner purchased the site in October 2012 at a consideration of 25.1712 million yuan, holding goods for 5 years, earning a profit of 118.86 million yuan and a property appreciation of 47%.
Knight Frank Real Estate Consultants said that the brand new hotel license plates, naming rights and advertising spaces at 179-181 Po Chi Lee Street in Hung Hom were sold. The site area is about 1612 square feet and the property is 16 storeys high. There are a total of 54 rooms with a ground floor, The outer wall of two advertising signs bit, closing time for January 12 next year.