Kai Tak Commercial/Hotel Land has recently been awarded at a lower than market lower valuation, affecting the market atmosphere of the commercial buildings
The owners of Kwun Tong in East Kowloon will sell their office sales for about 4 to 9 percent.
The 16th floor of the Kwun Tong Acer Capital Building, which is on the market, has an area of about 12,195 square feet
The authoritative authority of the Central Plains Office of the Office of the Office of the Central Plains said that the 16th floor of the Acer Capital Building, 135-137, Kwai Tong Beach Road, has an area of about 12 195 square feet. Originally sold for about $200 million with a lease, the price was about $1,640,000. However, after the Government announced the tender results of the Kai Tak site, the landlord immediately lowered the intention price to about $1,82 million, that is, the price reduction was about $18 million and the price was about $1.49 million. The monthly rent of the unit is equivalent to other expenses, and the lease is about 38 yuan.
Agent material price tide
He continued that another owner of the same area in the same area, Wan Zhao Feng Center, there are also owners to adjust the intention price. The first floor of the first floor of the building has a floor area of about 12,815 square meters. The owner originally sold for more than $294 million. The price was about $230,000. To more than $281 million, the intention price is about $22,000, a decrease of about 4%. The lease term of the property will expire in January next year and can be sold in the form of a Kyrgyzstan. It is estimated that the rent will be about $9.
On Monday, the Government announced that Kai Tak Commercial/Hotel Land was acquired by Far East Development (00035) for more than $445 million. The floor price per square floor was only about $7,100, which was lower than the market valuation limit. 11.3%. Chen believes that the price of the land in the area has always been a market indicator. The transaction price has reflected that the bids of developers and consortia tend to be conservative. It is expected that the office owners in Kwun Tong will continue to lower their bidding prices.