Tai Po ground floor 34.5 million sold 10 years 3 times
The value of shops in the people’s livelihood area has soared, and religious groups have made huge profits in the city of Wangshi. The original ground floor in Yuntoujiao, Taipu, owned by the Buddhist Changxia Garden, was sold for RMB 34.5 million. It held nearly 10 million yuan in 10 years and gained more than 3 times.
The above transaction is located at Shop C, G/F, Mei Feng Building, No. 6, Yuntoujiao, Taipu, with a building area of 1326 sq.ft., with a transaction price of 34.5 million yuan and a sales price of 26,018 yuan. The shop is currently rented from a bar, with a monthly rent of 80,000 yuan, and new buyers enjoy a 2.8% return. According to the Land Registry’s information, the original owner of the shop was the Buddhist Changxia Garden Institute Ltd., which was purchased for 8.6 million yuan in 2008. The stock was held for 10 years and the book made a profit of 25.9 million yuan, an increase of more than 3 times.
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In addition, Chen Qi, a sales director of Meilian Wangpu, stated that at the Shop Floor D105, Block D, Riviera Gardens, No. 2-12 Yile Street, Tsuen Wan, the building area was about 316 sq.ft., and the investor received it for 13.3 million yuan. The discount price was about 42089. yuan. The property is currently leased by a real estate agency with a monthly rent of 50,000 yuan and a return of approximately 4.5%. The original owner bought it for 2.8 million yuan in 2004 and held the goods for 14 years. His book profit was 10.5 million yuan, an increase of 3.75 times.
However, the mobile phone shops in the Mong Kok pre-community square, the flow of people is worse than before, shopping malls and then record the eclipse to make the transaction, for the second floor S21 shop, construction area of 122 square feet, with 1.15 million yuan changed hands, the price of 9426 yuan. According to the Land Registry, the shop was purchased in 2011 for 1.38 million yuan, with a book loss of 230,000 yuan and a depreciation of 16.7%. It is understood that the monthly rent of the above-mentioned shops is approximately 5,000 to 5,500 yuan, and the expected return is more than 5%.