Pei Xin Chairman ousted more than 110 million yuan to buy Wong Chuk Hang Jinlai Industrial Building
The Wong Chuk Hang Industrial Zone was transformed and the industrial buildings in the district were frequently acquired by the consortium. The Peixin Group, which has rich experience in the acquisition of old buildings, spent more than $110 million to purchase a number of units in the lower floors of the Huanglai Hang Jinlai Industrial Building, with a total area of approximately 19,000 square feet and an average price of approximately RMB6,000.
Information from the Land Registry showed that the G and H rooms on the first floor of Unit 1 of Building 1 of Jinlai Industrial Building No.33 to 35 Yip Kin Street, Wong Chuk Hang and the two floors of Units G and H have changed hands with a total of 118.1 million yuan. Industrial Co., Ltd., the company’s directors include Yang Shihang, chairman of Pei Xin Group.
The aforesaid property has a total gross floor area of approximately 18,635 sq.ft., with a platform of approximately 523 sq. ft., calculated at the transaction price, and the discounted price is approximately RMB 6,000. According to statistics, the property was put on sale in the market earlier this year, with an intentional price of about 140 million yuan and a final price reduction of over 20%.
The original owner of the unit was Jinlai Jewelery Co., Ltd., which entered the market between 1985 and 1987 for a total amount of RMB 6,962,300. The book’s profit was more than RMB 104.8 million, an increase of 15 times.
Luo Shouhui buys the full floor of the presidential commercial building 9730
In addition, the K83, a commercial building development project at No. 83 Dalian Pai Road, Kwai Chung, the first group, announced last week the price list of the first batch of 64 units, which accumulated 63 units, accounting for more than 98% of the available units, and cashed in about RMB 980 million. This included two large-handed sales, with two buyers buying the entire six units, involving a maximum turnover of approximately RMB 105 million.
The developer launched the second price list at the original price, plus 17 units, with a building area of 814 sq ft to 1733 sq ft., priced at approximately 10.99 million to 21.49 million yuan; haggard price from 11100 to 13700 yuan, with an average selling price of 12,500 yuan. .
In addition, on the 20th floor of the Presidential Commercial Building, 608 Nathan Road, Mong Kok, with a gross floor area of about 4,625 square feet, it was purchased by a veteran investor, Luo Shouhui, for a price of 45 million yuan and a price of 9,730 yuan. The original owner bought in 2013 for 35.26 million yuan and held goods for 5 years. The book made 9.74 million yuan, or about 27.6% appreciation.