Kwong Wah Street Shop sells $ 20,000,000

Owners of second-line lots continue to sell off

A shop of less than 200 square feet in Guanghua Street, Mong Kok, was put on the market for a year, and the final price was 8 million yuan. It was sold for 12 million yuan. The original owner eclipsed 5.18 million yuan, leaving a loss of more than 30%.

Chuan Luo Shouhui received the goods

The source pointed out that Shop G22, G / F, Trendy Area Shopping Center, Basement of Ren On Building, No. 1 Guanghua Street, Mong Kok, had just changed hands through a trading company. The transaction price was 12 million yuan, and the price per square foot was about 69,800 yuan. It is understood that the property changed hands, and it is pointed out that the new buyer is a senior investor Luo Shouhui, with a monthly market value of 28,000 to 30,000 yuan, and a return of 2.8% to 3%.

The original landlord bought it for 17.18 million yuan in November 2012. At that time, he even bought a lease with a monthly rent of 58,000 yuan. The rent return was more than 4%, and the tenant moved out later. The shop was released for sale at the beginning of last year at 20 million yuan. Due to the reversal of market conditions, the final sale price was 40% of the sales. If the holding was held for more than 7 years, the book loss was 5.18 million yuan and the shop price depreciated by approximately 30.2%.

In addition, in the early years, the studio units in the industrial building that have been sizzled in the early years also recorded cases of eclipse

The LOFTER PRIME A3 room on the 5th floor of Xiefa Industrial Building, 31 Tai Yip Street, Ngau Tau Kok, has a building area of ​​104 square feet and sold for 988,000 yuan. 9500 yuan.

According to the Land Registry information, the original owner purchased the site from the developer Lefeng Group in January 2018 for 1.25 million yuan, held the goods for two years, and left a 262,000 yuan book loss. The unit fell by about 21%.


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