Xierong Commercial Building full-scale sale intention price of 18.81 million

Recently, the trading atmosphere of the property market has been steadily improving, which has driven the industrial and commercial transactions to heat up. Some of the owners have also squandered their properties. Among them, the total floor area of ​​the Tsim Sha Tsui Xielling Commercial Building is about 1710 square meters, with an intentional price of 18.81 million. For sale, the average price is about 11,000, and the new buyer expects a return of about 2.8%.

Li Zhenlin, director of Midland Commercial Business, said that the above-mentioned saleable property is the full floor of the 13th floor of Xierong Commercial Building, with an area of ​​about 1710 square meters, with an intentional price of 18.81 million for lease, with an average price of about 11,000; Li continued, The above properties are rare in the urban area, close to Nathan Road and MTR Station, plus large shopping malls in the neighbourhood.

The return is about 2.8 percent

Mr Lee continued to point out that the above-mentioned saleable properties are currently being rented by the bar at a monthly rate of $45,000. The return is about 2.87%. In addition, Mr Lee also pointed out that all the flats in the Kwong Wing Commercial Building are now Rent out, tenants include educational institutions, companies and churches, and the industry structure is diversified. Lee continued to refer to the above units with 2 washrooms and separate floor elevator lobby.

Finally, Lee added that Tsim Sha Tsui is one of the traditional core commercial districts in Hong Kong. The commercial buildings in the district are highly sought after by investors. The Shanlin Center in the district was sold at a price of 720 million in July last year. The cost per party was about 17,143 yuan. The above-mentioned saleable property price is only 11,000, so it is predicted that it will be quickly absorbed by the market in the short term.