Sharp East Street, the old building to sell 63,000

Causeway Bay commercial property value is high, with Times Square as the center near the street, in recent years many old buildings have been approved by the consortium. The four-year event, which is about 46 years old, has a rooftop unit, which is sold for $ 20.8 million in the near future. The price is $ 63,800 and the foot price is comparable to that of the mansion. The unit has a market value of 230,000 Yuan, twenty-nine years of appreciation of about 89 times.

The top twenty-nine years appreciation 89 times

The Land Registry has shown that a top-level rooftop unit is sold at $ 20.8 million for HESPER RESOURCES LIMITED, which was traded at $ 230,000 in 1928 and 29 Year appreciation of about 89 times or 20.05 million yuan. The unit area of ​​about 326 square feet, rooftop area of ​​about 267 square feet, the current transaction price of up to 63,800 yuan.

Sharp Street, No. 5 property for about forty-six years, is currently a large number of old buildings, underground for the shops, the property has been recorded last year, a total of six transactions, in addition to the above rooftop units, The remaining transaction price is between about 9.5 million to 15 million yuan.

There are market participants estimate that the buyer is the high price to absorb the old building, have the opportunity to buy for the consortium.

With the redevelopment of the old building, there has been a lot of developers to buy at high prices, especially in Causeway Bay, the old building acquisition of the highest price per foot.

At the end of last year, at the end of last year, a unit on the 16th floor of Mudge Street, Causeway Bay, with a turnover of up to $ 36 million, was close to $ 70,000, and the foot price was comparable to that of the Peak. Compared to the unit 70 years purchase price of 37,000 yuan, about forty-six years, the appreciation of about 972 times.