Consortium 3.8 million to buy the western half of the mountain with 35 sets

WASHINGTON (Reuters) – Local developers are attacking old buildings. The western half of the old building with Taiwan consortium to 380 million yuan to successfully acquire 35 partners, each acquisition of about 21,000 yuan per square foot, successfully grasp the nearly 7 titles.

Neighborhood Chonghua Building Materials Group acquisitions

According to the EPRC Economic Real Estate Library, there were 35 transactions recorded in the same number of cases, including a total investment of $ 380 million and a total purchase price of about $ 10.48 million to $ 1,282 million. 17,000 yuan, such as the first floor of Room B, the useful area of ​​about 498 square feet, the purchase price of about 10.48 million yuan, practical price of about 21,000 yuan, has been estimated to have successfully acquired nearly 7 titles.

The new buyers are a company named UP WEALTHY LIMITED, the company directors include He Haoxian. As a result of the relatively similar to the Taiwan-like Road 28 to 30 Chong Wah Building, earlier also received more than 5 consortium acquisition rights, it is estimated that two old buildings by the same consortium mergers and acquisitions, hoping to expand the development site. It is learned that the developer of the acquisition or the new land (00016) or related persons.

According to the information, the consolidated area of ​​Hong Kong and Chong Wah Building covers an area of ​​about 12,000 square feet. If the redevelopment is more than 110,000 square feet, it is a rare redevelopment project in the urban area.