Hung Hom 3 Old Building Tender rebuilding floor fabric 42,000 feet

Urban renewal brokers and owners of buildings commissioned CBRE agents to launch bidding for three old buildings in Chatham Road North, Hung Hom, of which 75% of the two properties have not yet met the threshold of strong beating and are expected to be rebuilt after the merger The floor is about 42,000 square feet.

Bit Chatham Road North site a total of 4685 feet

The above three buildings, 470 to 478 Chatham Road North, are located in the vicinity of Hang Hau (00012)’s AOL form. 3 The old buildings have a site area of ​​about 4,685 square feet and are 60 to 63 years old. The tender was launched with a 100% title on 470, while the sale of the old buildings 472 to 474 and the two old buildings 476 to 478 amounted to 75%. The project closing date is December 12.

At present, the planned site for the use of old buildings is Residential (Group A). ​​If the unified ownership is rebuilt for commercial and residential development, the plot ratio will be up to 9 times. It is estimated that the floor area available for construction will be about 42,000 square feet. Reference to the new plate adjacent to the proud form, the single-hand price per square foot about 19,000 to 26,000 yuan range.

Tang Kam Wah, director of CBRE Capital Markets, said the project is located on the unilateral side near the future Ma Tau Wai MTR Station. It is estimated that after the redevelopment, the high-level flats are expected to open to the Kai Tak Development Area and the adjacent sea view. Last year, Hengdian completed the strong beat with a total value of 1.73 billion yuan and the floor price was about 8,400 yuan.