Henghe 129 million purchase commercial building 12 floors
Henghe Group (513) announced that it has acquired 12 floors of a commercial building in Yuen Long with a total consideration of RMB 129 million. The property is located at the 9th to 13th floors, 15th to 17th floors and 19th to 22nd floors of Haojing Commercial Building, No. 65 Qingshan Road, Yuen Long. The construction area is about 14,500 square meters. The monthly rent is about 306,300 yuan. The price is about 8892 yuan.
Will provide stable income
Henghe intends to hold these properties for long-term investment. The acquisition provides a stable source of income with an estimated return of approximately 2%. The occupancy rate of Haojing Commercial Building is nearly 100%. Tenants concentrate on medical, financial, beauty and tutoring industries. New buyers can enjoy rental returns after entering the market. Even if the return rate is average, they will still attract investors who are optimistic about the commercial market. .