23/5/2018-8

Salsa 1.34 million Renewal of Four Tai Tai Kimberley Road Shop

The retail market has picked up, and the market has recorded a monthly rent of over a million ground floor lease transactions. According to market sources, shop Nos. 1 to 3 on the ground floor of 26 Kimberley Road in Tsim Sha Tsui has just been renewed by the cosmetics chain Sasa for RMB 1.34 million, with an area of ​​6081 square meters and a rent of about RMB 220. According to statistics, the above-mentioned shops were held by Hua Hong Investment Co., Ltd., the gambling tycoon Stanley Stanley An Qi and others. In 2005, they bought all commercial floors of No. 26 Kimberley Road for 501 million yuan.

In recent months, the market has even recorded one million monthly rental cases

In recent months, the market recorded millions of monthly rents. In addition to the above transaction, it was located in the duplex shop on the ground floor to the third floor of Yuhua International Building, Beijing Road, Tsimshatsui. It was learned that the sports apparel brand was also rented for about RMB 2.3 million per month, with an area of ​​2.7 million yuan. With a total cost of RMB 85, ​​the rent will be reduced by nearly half compared to the monthly rent of RMB 4.5 million in the 2014 peak period.

Another Wanning had earlier rented the Shop Nos. 4 and 5 on the ground floor of Wenli Building, Canton Road, Tsim Sha Tsui, with a monthly rent of RMB1.25 million, with a berth area of ​​about 2,518 sq. ft. and a rent of nearly 500 yuan. The above shops were originally leased by Chow Tai Fook Jewellery Co., Ltd. The monthly rent in 2013 was as high as RMB 4.5 million, and the latest rent dropped by RMB 3.25 million or 72%.