25/6/2018-4

The old building of St. Francis Street in Wan Chai

According to the information of the Lands Tribunal, a consortium has applied for compulsory auction of the old buildings No. 3 and No. 5 of St. Francis Street, Wan Chai. This is the 14th application for strong shots this year. The old building covers an area of about 1459 sq.ft. and the big owners have collected about 80%. Property rights; the surveyor’s valuation of the entire lot is about RMB 92.02 million. According to the records of the Companies Registry, the directors of the consortium that applied for strong shots include the descendant of the Ho Family of Hang Seng Bank