The Bank of East Asia Harbor Center renovated and added value
The Wan Chai Bank of East Asia Harbor View Center has an ideal landscape, and the building has undergone renovation in recent years and its quality has greatly improved.
The BEA Harbor Center, located in Gloucester Road, Wan Chai, was completed in 1990. It was formerly known as First Pacific Bank Center and Bank of East Asia (00023) acquired the First Pacific Bank business and renamed the property “The Bank of East Asia Harbor Center” 28-year-old building, the current shape quite new.
Convenient transportation near the exhibition
In respect of transport, the Bank of East Asia Harbor Center is located at Gloucester Road towards Admiralty. It takes about 10 minutes’ walk from the Wanchai MTR Station to the building. There is also a bus stop in front of the building and at the gate opposite the Immigration Department. Very convenient. Food facilities, the building near the Lockhart Road, Jaffe Road, with different restaurants and bars, in addition, the building adjacent to the Convention and Exhibition Center, 5-star hotel has a number of high-level restaurants, suitable for business lunches.
The property is 29 storeys high, with office floors on the 5th floor and property on the ground floor. The user is Bank of East Asia. First of all, the building provides 6 lifts. For a total floor area of 29 floors, the number of lifts is absolutely sufficient to effectively streamline the flow of people.
In addition, the property has undergone renovation in recent years. At present, the relative light and management in the underground lobby is comparable to that of the building.
Senior enjoy Harbor Fireworks King
The gross floor area of the office building is about 7,940 square feet. The commercial building at Gloucester Road is one of the selling points. However, the landscape of many commercial buildings in the lot will be blocked by the property such as Central Plaza in Wan Chai or fail to enjoy the full sea view. The front of the Bank of East Asia Harbor Center is just the Hong Kong Academy for Performing Arts. Therefore, the middle and lower floors basically have sea views, medium and high-rise flats and more enjoy the Harbor View.
As for users, there are many types of tenants in the BEA Harbor Center. With the expansion of Chinese-funded institutions, many users in the building now have a Chinese background, including the 5th to 7th floors for the use of the head office of China-funded listed company (00697) Another Chinese company, Jin’an, uses the 17th floor and the 20th floor is the CUP International Office.
Other tenants include real estate company Ryoden, the Swedish consulate, and accounting firms.
As for trading, due to the fact that most of the BEA Harbor Center floor is held by BEA for a long term, there are not many market transactions. From 2011 to 2012, the average floor price per square foot was about $ 12,000. At the end of 2016, the overall commercial market warmed up. The 6th floor of the property has a total floor area of about 7,857 sq. Ft., With a turnover of about 147.8 million yuan and a price of about 18,800 yuan per sq. Ft., Which is the highest price per square foot of the building. The buyer is a securities firm. In addition, Goldpac Baojia (03315) purchased the full floor of the 13th floor of the building for 178 million yuan, and planned to take half of the property as the headquarters.
Last year, the trading volume of commercial buildings was very good. The price of this building exceeded 20,000 yuan per sq ft. The property occupies a total area of approximately 5,595 square feet with an area of approximately 2,495 square feet. It was sold at approximately HK $ 56.38 million and reached a record high of 22,600 yuan per sq ft.