Tsuen Wan 31 years of the first industrial valuation of 900 million

The Government added to the sale of the industrial area of ​​Tsuen Wan Ma Tin Street last year for sale. For the past 31 years, the Government has reintroduced industrial land with a valuation of between $ 500 million and $ 900 million. There will be a number of new flats to be completed in the vicinity. Driving the appreciation potential of East Buildings in Tsuen Wan.

The Tsuen Wan East Industrial Zone was mainly surrounded by about 17.57 hectares in the early years, mainly by Yeung Uk Road, Texaco Road, Sha Tsui Road, Junction Street and Ancient Trench. However, due to the gradual transformation of the area in recent years, the Planning Department The area is divided into five small comprehensive development areas, involving about 5.7 hectares, while the remaining 11.87 hectares are maintained for industrial use.

According to the survey of industrial land zoning in Hong Kong in 2014, the existing industrial area in Tsuen Wan covers a total of 13.27 million square feet. There are 40 buildings in the area. There are only 9 industrial buildings with single title and 31 , Nearly 6% of the industrial floor for warehouse use, vacancy rate of only 4.3%, with the New Territories as a whole industrial vacancy rate of 35%, reflecting the current industrial activities remain active.

Ma Kok Street industrial land to sell this season plan

In recent years, most of the industrial sites launched by the Government are located in Kwai Chung District. The Ma Kok Street Industrial Site, which was incorporated into the Land Sale Scheme this year, was formerly known as the Ma Kau Street Cooked Food Center. It has been discontinued for many years and has been converted from “Government, Society and Institutions” Industrial use, since 1986, after about 31 years, Tsuen Wan District re-launched industrial land. The site is located on the south-east side of Le Yau, surrounded by a number of buildings and about 15 minutes from Tsuen Wan West West Railway Station. It will be scheduled to launch a market tender for about 2.12 million square feet this season. 201,752 square feet, building height limit for the main level above 100 meters.

In response to the demand for modern industrial land in recent years, the site can be used for information technology and telecommunications, audio and video recording rooms, design and media production. During the year, there are also owners of industrial and commercial applications to turn the building into a data center. The market value of the market is between $ 500 million and $ 900 million and the floor price is estimated at $ 2,500 to $ 4,500. It is believed that the successful bidder will be responsible for demolishing existing buildings and providing a number of environmental assessments.

There are more than 4 thousand new houses in Tsuen Wan West

The floor can be built up to 200,000 square feet, the size of the industrial land in recent years, the development of flexible use, with little investment, it is expected to attract a lot of small and medium developers compete. At present, there are many new industrial buildings in Tsuen Wan District. Many developers, such as Xindi (00016), Wheelock, Hong Kong Societe Generale (00480) and Yijing, have industrial and commercial development projects in the district.

However, in the future, there will be a number of new trades in the vicinity of Tsuen Wan. In addition to the above-mentioned comprehensive development of land use and transformation, It is planned to develop 4 buildings, 3 for residential buildings, 840 for the west, and about 660,000 square feet on the west. The building is for commercial development, half for office and half for retail restaurants. The total project floor covers about 1.6 million square feet The

(01113) sea of ​​love, the new world (00017) Bo Ao Bay and Chinatown all the city of the MTR (00066) cooperation, such as the development of the city, Project, the district has at least more than 4,000 supply, I believe it is expected to further promote the development potential and value of land in the region.