Agile 47 million Buy Han Bi Villa 2

Neifang Agile (03383) actively acquired old building properties and recently expanded its acquisition scope in Kowloon Tong to purchase nearly two hundred units of the Villa Bi villa with a price of RMB 24,500, which is more than 80% higher than the market price.

The Land Registry revealed that the Han Bi Villa between 8th and 10th Yip Hon Road in Kowloon Tong was recently acquired by a consortium of 2 units, namely Room 4A on the 2nd floor and Room 6B on the 2nd floor. The transaction price was 21,155,000 and 25,627,000, respectively. 870 and 1,046 square feet, the same price of 24,500 yuan, the two partners total value of 46,942,000 yuan. The registered buyer is Junlang Development Co., Ltd. and the directors are Chen Zhuolin, chairman of Agile Agile, and related persons.

Has purchased more than 80% of the property right next to Longpu Villa

According to statistics, Room 6A on the 3rd floor recorded a second-hand transaction in October last year. The transaction price was RMB 13,193. Therefore, the purchase price of Agile was more than 80% higher than the market price.

Han Bi Villa has 48 years of age and a total of 33 units. In fact, Agile had already successfully acquired more than 80% of the Longpu villas that are adjacent to it, which is the scope for further expansion of the acquisition, or it intends to merge two projects for development.

On the other hand, the old building in Yangsong Street, Tai Kok Tsui, was also acquired by the consortium. According to the information provided by the EPRC Economic Repository, the old buildings No. 52 and No. 54, Yangsong Street and No. 56 to No. 62 were acquired by TOP HARMONY LIMITED. A total of about 184 million yuan was involved, of which the purchase price per house in the residential sector ranged from 3.822 to 11 million yuan. According to the Companies Registry, the registered director of the company is Deng Weiming, and the market estimates that there is an opportunity for Wangan Real Estate (01243) or related parties.