7/5/2018-10

Kai Tak commercial and residential area at the current closing valuation 25 billion

The commercial and residential area in Kai Tak District 1F1, which is one of the most eye-catching names of the year, will be closed today. The land price of this land is expected to be 19.816 billion to 25.477 billion yuan, which challenges the sales land created by the commercial land king of the same district last year for 24.601 billion yuan. Site cost record.

The 1F1 commercial and residential site, which covers an area of approximately 178,000 square feet, is adjacent to the Kai Tak Station of the MTR Railway in the middle of the construction of the project. The total floor area available for construction is 1.415 million square feet, of which the maximum residential floor area is approximately 1,066,000 square feet. Due to its central location in the urban area and its large scale of development, the market is expected to have a project valuation of RMB 19.82 billion to 25.48 billion yuan and a floor price of RMB 14,000 to RMB 18,000.