Tai Po Yat Road residential land valuation of 580 million
Tai Po Kau Yat Road residential site will be cut on Friday, the site is irregular shape, the development of high difficulty, but the scale is not large, the valuation of up to 587 million yuan, the surveyor is expected to tender up to 15 or above.
Tai Po Kau Yat Road land area of more than 82,000 square feet, the property is taller than 4 layers. (Zhu Jin presented)
Irregular shape increases the difficulty
The ideal city enterprise valuation department director Zhang Shengdian said that the land size is small, the total floor only about 5.87 million square feet, I believe that the standard response is impressive. However, the site shape like “Octopus” as the three pointed octagonal, the development of the layout will be challenging, the successful consortium also responsible for slope rock survey and maintenance, and to dismantle the existing buildings within the site.
He added that as a result of the cemetery next to the site, the developers would have to construct and maintain the public footpaths from the cemetery at their own expense and would have a negative impact on the price.
The bank is expected to pay about $ 5,500 per square foot floor price for the market price.
About to cut off the residential land information
Can be developed by the price of 10,000 yuan
Colliers International has a better view of the land price, said Zhang Qiao, Deputy Deputy Director of Valuation and Consulting Services, said that although the site location is more “separated” and located on slopes, it can be developed for low-density bungalows. In contrast, the price is expected to be about $ 10,000 per square foot of floor price, equivalent to a valuation of about $ 587 million, which is an upper limit.
According to information, the Tai Po Kau Tai Po Road, Tai Po Kau, which was approved in July last year, was $ 1.182 billion worth of $ 4,551 per square foot.
In the district, the last land was approved for November last year. At the same time, two adjacent residential areas of Lu Hui Road were invested by Hong Kong Industrial (00480) for nearly $ 3.4 billion. The floor price per square foot was 6,439 and 7,007 yuan.