Hung Hom’s old building has a strong base price of over 1.4 billion
Henderson’s large-scale acquisition project of Hung Hom is gradually gaining results. The old building in the district that the developer applied for in the early auction will be sold by public auction next Tuesday, with a reserve price of 1.445 billion yuan. According to the information, the old building is located at No. 3032, Lishi South Road, No. 75-77, Brigade Street, No. 34 and No. 36, Gillies South Road, No. 38 and No. 40, South Gulis Road, and No. 42, Gillies South Road. No. 44, now four 7-storey buildings, about 60 years old.
The project covers an area of about 13,000 square meters and is located in the residential (A) section. The total density is about 9 times. After the reconstruction, the total floor area is 117,000 square meters. In fact, the Group has acquired more than 80% of the old buildings in the district since 2010. Some of them have already applied for strong shots or approved plans.
Henderson Application Auction
The entire development site covers an area of about 110,000 square feet. The maximum number of buildings can be up to 1 million square feet. It is expected to provide more than 2,000 people. According to the developer earlier, the entire acquisition plan has entered a “later” stage. .