Lee & Man Paper Lee family purchased 560 million yuan in Kowloon Tong

Traditional luxury homes in the area have prices and the Lee family member of Lee & Man Papermaking (02314) has just purchased 5,000 million yuan from the Oxford Road housing estate in Kowloon Tong. The land price per floor is approximately 29,000 yuan.

The Land Registry revealed that the registration of 9 Oxford Road in Kowloon Tong was changed to $560 million. The property covers an area of ​​10,671 square feet and is calculated based on a plot ratio of 1.8 times. It can build 19,208 square feet of floor space, and the floor price of each floor is 29,155 yuan. The registered buyer is Li Wenen, who is understood to be the son of Li Wenqiang, the chairman of Li & Paper, and entered the market in the name of first place.

Mid-Levels Central Chonghua Top 42.8 million people

It is understood that the Lee & Man Lee family holding another property at Oxford Road can be described as a soft spot for the region. It is believed that it will be rebuilt for personal use. The original owner purchased the property for RMB 630,000 as early as 1973. He had held goods for 45 years and had made a lot of profits.

In addition, according to market sources, a unit on the top floor of Chong Wah Mansion in Mid-Levels Central was recently sold for RMB 42.8 million. The unit has a saleable area of ​​1,864 sq ft and a transaction price of RMB 22,961. The original owner purchased units in 2011 for RMB 32.3 million. The book book profited 10,500,000 yuan, an increase of 33%. Sai Kung Wah Fu Garden Section A single-handedly changed hands for $26.5 million. The owner bought it for $11 million in 2005 and made a profit of $15.5 million.