Hong An Mong Kok new office building intention price 660 million

The commercial building is available at a price. Hong Yao Real Estate (01243) CEO Huang Yaoxiong stated that the newly completed commercial buildings of 575-575A Nathan Road, Mong Kok, will be sold by tender and will be sold together with the naming rights and advertising space on the external walls of the building. 660 million yuan will be closed on the 28th of this month.

The property has a site area of ​​2,130 square feet and a height of 19 stories. The floor area of ​​each floor is approximately 1200 to 2,000 square feet. It can be used for restaurants and shops and has a total floor area of ​​approximately 25,400 square feet. At present, the market value of this commercial building is estimated to be between 5.8 billion and 660 million yuan.

In addition, CB Richard Ellis stated that it had been entrusted by the owner to procure the sale of 21, 22 and 23 floor industrial units at 29 Vicata Building, 29 Wong Chuk Hang Road, with a total gross floor area of ​​approximately 36,800 square feet, an intentional price of 435 million yuan, and a discounted price of 11,800 yuan. The closing date is on the 28th of this month.

In respect of the shops, the Tsuen Wan Fukang Cube was reprinted for eclipse. It was shop No. F63 on the 1st floor, with a building area of ​​90 square feet, with a change of 700,000 yuan and a price of about 7,778 yuan. According to information from the Land Registry, the shop was originally sold at $3.24 million in May 2012, but it was figured out at $3.6 million five months later. The original owner-occupied cargo was sold in the past five and a half years and was heavily eroded by 2.9 million yuan, a depreciation of 80.6%.