Retail downturn, core consumption areas reappear, eroding
It is reported that Shop 22, G / F, No. 1 Guanghua Street, Mong Kok, has a construction area of about 172 square feet. It was priced at 20 million yuan in June last year. The above shop is located on the back of Ho King Mall, next to the entrance of the trendy area mall, facing Guanghua Street, and on the side is Dundas Street. The new buyer is a senior investor, Luo Shouhui, who estimates it at a market value of 28,000 to 30,000 yuan, with an expected rental return of 2.8% to 3%.
It is understood that the original owner bought it for 17.18 million yuan in 2012 and held it for eight years, losing 5.18 million yuan or 30%
Checking the information, Shop 23, G / F, No. 1 Guanghua Street, with a construction area of about 352 square feet, was sold for 19 million yuan in July 2018.
62.45 million for sale in Wan Chai Commercial Building
In fact, Mong Kok has no shortage of cases. In December last year, Shop 10, G / F, Wah Po Building, 2-16 Keelung Street, sold for 26.8 million yuan, with a loss of 4.5 million yuan.
In addition, Lai Shi Property Co., Ltd. said that the entire southeast industrial building, No. 611 to 619 Castle Peak Road, Tsuen Wan, covers an area of about 27,187 feet, and is leased for about 270,000 yuan, with an average rent of about 10 yuan. Zhongyuan (Industrial and Commercial Shop) Ma Jinsong said that the high-rise of Zhuo Ling Center, 133 Wan Chai Road, was sold on the whole floor, with an area of about 3,376 square feet, and the intended price was about 18,000 yuan, involving a total of about 62.45 million yuan. At the same time, it also rents for about 20 yuan per square foot.