4/1/2018-2

“Whampoa Five Street” two places Shen beat

Two strong cases were recorded at the beginning of 2018. Two more sites were selected for the “Huangpu Fifth Street” project in Heng Hom (00012) under Heng Hong (00012) for a total of nearly $ 1 billion.

The two sites are 2 to 16A Whampoa Street, 22 to 24 Whampoa Street and 88 to 90B Mustache Street respectively. Both developers have acquired more than 80% of the ownership of these two sites with a total site area of about 19,000 Sq ft, building materials about 160,000 square feet, of which 2 to 16A Whampoa Street covers an area of 14,400 square feet, a valuation of about 680 million yuan.