The new disk in the district is completed
The well-developed Kowloon City District will be opened soon with the Shazhong Expressway. A number of new discs will be completed one after another. It is expected that the consumption of people’s livelihood and newcomers will increase greatly. The transaction in the district is stable, and there is also a consortium aiming at the demand for elderly services in the district. .
There are not many large shopping malls in the Kowloon City District. The retail consumption in this area is mainly based on the people’s livelihood, and the neighboring Kai Tak developers and the New East Kowloon business core area, the demand for people’s livelihood and the flow of people are increasing. For example, Houwang Road No. 26 shop, with an area of 1,000 square feet, was sold for 35 million yuan, and the transaction price was about 35,000 yuan. The entire building of Prince Edward Road 264 to 264B was sold for 193 million yuan, with an area of 5,767 square feet. The transaction price was about 33,000 yuan.
Senior investor “Pang Wang" Deng Chengbo and others also actively competed for property in the region this year, including the acquisition of over 80% of the old buildings of No. 3 to No. 13 on the former ramp, which is estimated to be rebuilt into a floor area of approximately 63,000 square feet. Residential. At present, the 1st to 3rd floors of the building are elderly care centres. It is adjacent to the French hospitals. It is believed that it also has the potential to develop elderly welfare services.
Investors sweep old buildings
The Deng Chengbo family has previously announced that it will cooperate with Songling Care Group (01989) to develop Weiyingxuan, an old serviced apartment in Kowloon City, with a total of 79 rooms and a total area of 374 to 1,046 square feet. Hey, the monthly rent is 26,700 to 60,000 yuan.
As regards renting, the multi-storey floor of Sheung Wan Road No. 3 to No. 7 was leased out of $160,000 this year. The lease was about $11.6, which was a reasonable level.