6/8/2018-7

Mong Kok shop changed its price by 93% in three years

Retail market roads are good, shop rents are rising, and fine-grain shops are favored by investors. A floor space of less than 200 square meters in Yuzhou Street, Mong Kok. In the past year, it has changed hands three times in the past year. The latest transaction was 7.35 million yuan, which was 30% more expensive than 10 months ago. The news pointed out that the C shop on the ground floor of No. 17 Yuzhou Street, Mong Kok, with a construction area of ​​about 180 square feet, was purchased by the buyer for 7.35 million yuan, and the price was about 40,833 yuan.

According to the land registration data, the site was purchased by a company at the end of July last year for 3.8 million yuan. At the end of September, two months later, it was sold to a surnamed investor with a price of 5.65 million yuan. The book earned 1.85 million yuan or 48.7%. The Su surname investors only held the goods for about 10 months, and sold the shop again. The book profit was 1.7 million yuan, an appreciation of 30.1%. The latest transaction price was 3.55 million yuan or 93.4% higher than the first time in July last year.

The price of this shop has risen sharply. Due to the conversion of tenants during the period, the rent has increased significantly. The original tenant is a printing company with a monthly rent of only 7,600 yuan. This year, it was subletted to a sports goods store. The monthly rent surged 1.1 times to 16,000 yuan. The latest transaction price was about 2.6 percent.

The shops in the Minsheng District recorded large purchases and sales, Shop H, G/F, Ping An Building, 33-39 Tai Po Rural Committee Street. The building area is about 900 square feet. The transaction price is 78 million yuan and the price is about 86667 yuan. The shop rented to the fruit shop and the grocery store, with a monthly rent of 180,000 yuan and a return of about 2.8%.

The original owner purchased it at 108,000 yuan in 1972, holding 46 years of goods, and made a substantial profit of 77.892 million yuan, an appreciation of 721 times.