Telecom operators at high prices to grab the first floor area rent

Telecommunications companies have always been a stronghold of the industry, and the main line to attract the flow of flourishing Wang Pu. In recent months, there have been a number of cases in which the number of telecommunications companies has been rallied at a high price. The rents are at hundreds of thousands of dollars.

Mong Kok belongs to the local one of the four major retail core areas, for the pursuit of the flow of telecommunications companies, can be described as a battleground.

Sai Yeung Choi South Street full of monthly rent 1 million

Market news revealed that the total area of ​​about 1,800 square feet of 1L to 1M in Mong Kok South Street, Mong Kok, was recently rented at $ 100 million for rent and $ 208 for rent.

According to information, the site was originally rented by Chow Tai Fook for many years, the monthly rent of about 1.8 million yuan, but nearly two years of retail bad, the luxury goods industry by the impact of the largest, Chow Tai Fook after the end of the lease does not renew, the shop is now 1 million per month Yuan rent, rent fell 44%.

Regional agents pointed out that there are a number of telecom operators gathered in Sai Yeung Choi Street, including DTT (00315) and PCCW (00008). Looking at the information, the last site by the senior investors Wu Jinfu purchase and reconstruction, completed in 2014, the shop’s appearance than the same area of ​​the general property of the new net, so to attract telecommunications companies to high rent.

Secondly, there are about 1,050 square feet on the ground floor of Section 177, Yuen Long Road, Yuen Long. The company has been rented for many years. It has been rented for $ 250,000 on a monthly basis and $ 238 for rent. The area is about 500 square feet, which was originally rented by the telecommunications company for many years. It was recently rented by another telecommunications company with a monthly rent of $ 90,000 and a rent of $ 180.

North Point 850 feet shop 115,000 renewal

As for Hong Kong Island, there is a lot of telecommunications companies in King’s Road, Fortress Peak Road, North Point. For example, Shop No. 5, G / F, 442 to 456, King’s Road, an area of ​​about 850 square feet. Rent, rent about 135 yuan.

Professionals pointed out that the summer vacation is the students to buy mobile phones or apply for the peak of telecommunications services, so in recent years the telecommunications industry has gradually developed into a seasonal rental shop, before the summer is relatively active. However, due to the fierce competition in the industry, coupled with the retail market callback, nearly two years of telecommunications business rental budget is relatively conservative, the overall impact of rent and rent as before.