22/5/2018-5

He Chaoqiong, Jardine’s Land, 700 million negotiation to the end

The price of luxury residential lands, the news that Pan-Qiang Qiong, Jardine-Meadow, No.6, Jardine’s Lookout, was awarded by the consortium with a bid of RMB 700 million, and it changed hands in the short term.

Cosmopolitan Road No. 6 Price is expected to reach 110,000

Market participants pointed out that No. 6 Cosmopolitan Road, Jardine’s Lookout, recently obtained a consortium to negotiate for a bid of RMB 700 million, and changed the company’s equity to the owner. The project can be reconstructed with an area of ​​approximately 6,281 square feet, and the land price per floor is 11 million yuan is expected to change hands within days. If the transaction price is based on this, it will become a new high for the price of Jardine’s.

It is understood that the property was held by Pansy Ho, the managing director of Shun Tak Holdings (00242). She purchased the Canadian consulate for 505 million yuan in 2016. If it is eventually sold at 700 million yuan, it can be expected to hold profit for two years. 200 million yuan, about 40% appreciation.

In addition, an area of ​​2,064 square feet of high-rise Tiantai units was built at Anlong Road, Happy Valley, Happy Valley. Even the parking spaces were sold for approximately RMB 52 million. Property prices have reached a record high since the project’s occupancy. The original owner purchased the unit for 41 million yuan in 2015. He just turned in his hand for 3 years and made a profit of 11 million yuan. The increase was about 26% during the period.