6/9/2018-6

Tsunami unmanned 吼 Zhu Guoji: Revitalizing the industrial building for ten years

The success of the revitalisation of the industrial estates has resulted in the transformation of many industrial districts, such as Wong Chuk Hang, Kwun Tong and Tsuen Wan, into trade and commercial areas. At the same time, the value of the animal trade and the rapid increase in rents have caused many old industrial buildings of nearly half a century to become ” “Golden Egg” has been “unmanned” 10 years ago, and the current price has exceeded $10,000.

Renovation of the National Center, the market value rose 7 times in 10 years

The Guoji Group, which started production of hardware accessories, recently completed the activation project of the Kwun Tong Industrial Building National Foundation Center for 45 years. Zhu Guoji, chairman of the National Group, said that he bought the Guoji Group Center for RMB 78 million in May 1995. After the purchase, he spent 4 million yuan to renovate, and then rented the property in full. The rent was only about 7 yuan. 8 Wanfang’s tricks, the annual rental income is about 6.72 million yuan. “After the financial tsunami in late 2008, I thought about selling the property. At that time, the intention price was about 180 million yuan. However, the prospective buyer’s bid failed to reach the intention. Later, the activation policy appeared and succeeded. Apply for activation of the industrial building and develop on its own.”

The current market value of the building has risen to $1.4 billion. The price has risen sharply from about 2,250 yuan a decade ago to about $17,500. It is expected to be about 7 times higher than the tsunami 10 years ago. It is also 1.322 billion higher than the purchase price in 1995. Yuan or 17 times. The project is now renting, and some office buildings are intended to rent 22 to 25 yuan. It is estimated that the annual rental income will be 20 million yuan, nearly 2 times more than before the activation. However, Zhu Guoji said that the entire activation plan was not very smooth, and it took 9 years from the recovery of the unit to the completion of the activation. At the beginning of the activation, the original plan was to change the whole property to a shopping mall that caters to young people. Later, it was found that it was difficult to install escalators on each floor of the industrial building. The plan was forced to shelve and later hired a design company. At present, there are shops on the ground floor to the 4th floor. Two of them can be used for catering purposes. The 5th to 9th floors are office buildings with an area of ​​about 4,000 square feet.

When the property market rises and falls, no one knows

Zhu Guoji said that the entire activation project has invested more than 100 million yuan, including the installation of independent central air-conditioning and fire-fighting installations on each floor. At present, the Hong Kong Bazaar Association has implemented leased 1 to 4 floors of approximately 3.8 square meters of floor space for a ten-year lease. Asked about the future property market in Hong Kong, Zhu said: “3 years old came to Hong Kong in Dongguan and has lived in Hong Kong for more than 70 years. In the past few years, there have been ups and downs in stocks, but after the 2008 tsunami, the property market has not fallen. Rarely, the prices of various types of properties are rising. For example, the old-style industrial buildings have also increased their prices due to the activation policy, which increases the risk. However, when the number of people arrives at the building, it will rise for a few hours. If you want to buy a home, the premise is that there is sufficient funds to affect your life. You can buy a home.”