The Shun Tak Centre High-level 80.72 million changed hands
The commercial building continued to be traded. According to the news, the Shun Tak Centre unit in Sheung Wan sold about 82.76 million yuan.
According to market sources, the transaction at the China Merchants Tower building in Sheung Wan Shun Tak Centre involved the property’s high-rise room 28D, which has an area of approximately 2,508 square feet. It changed hands to approximately RMB 82,720,000, and the discount price was approximately RMB 33,000. Units are sold on a single-leaf lease, with a lease of about $60 and a return rate of 2.2%.
Kowloon Bay Corporate Plaza Sells 13,000
In addition, in respect of the sale of commercial buildings in Kowloon, it is reported that in the third floor of the Kowloon Bay Enterprise Plaza, rooms 07 to 08, with an area of approximately 4,400 square feet, were sold for approximately RMB 58.49 million, and the discounted price was approximately RMB 13,200. At the same time, the low-level unit of Telford Mansion in the same district has an area of approximately 1,813 square feet, with a transaction price of approximately RMB 22.11 million and an average price of approximately RMB 12,200. In respect of rental, Room 04, Lower Floor, Wing On Plaza, Tsim Sha Tsui East, covers an area of approximately 1,351 square feet and is leased at approximately $50 per square foot.
Chen Rongrong, Senior Sales Director of the Office of the Central Plains (Commercial and Commercial Office), stated that the 10th floor, Middle Level, 118 Connaught Road West, Western District, covers an area of approximately 860 square feet. It is now on sale, with an intention price of approximately RMB 14.8 million and an average selling price of approximately RMB 17.20 million.