Capital Square shop price of 55 million maximum erosion 9 percent

Tsim Sha Tsui, “Capital Square,” Capital Square shop yesterday launched in the auction, but no buyer to undertake, the owners decided to significantly reduce the price of 27% to re-launch.

The above is the second floor of the Capital Square, a single number of shops, the practical area of 44 square feet, starting price of 750,000 yuan to launch the auction, compared with the purchase price of 431.2 million yuan in 2013, less than 8 percent. But the shop did not bid for the buyer, the owner decided to lower the offer price of 200,000 yuan to 550,000 yuan in the next week and then auction, down 27%, that is, a total of nearly 90% lower than the purchase price.

The same day on the 3rd floor of the Capital Plaza, a shop, also offer 550,000 yuan to launch. Two shops with the floor to sell the price, or to attract investors to take advantage of the low to absorb the two shops.