Wong Chuk Hang Shengde Industrial Building Tendering 80% of the market value of 2.2 billion
The industrial park in Wong Chuk Hang District was watched by developers and investors. Nearly 80% of the owners of the Shengde Industrial Building in the district are sold, and the market value of the above-mentioned nearly 80% is about 2.2 billion yuan.
Mr. Ye Jianjun, executive director of the Hong Kong Capital Markets Department of DTZ, said that nearly 80% of the property of Shengde Industrial Building, No. 44 Wong Chuk Hang Road, was commissioned by the small owner. The market value of the above-mentioned nearly 80% was about 2.2 billion yuan. The tender closing date was September 10 this year. day. The property is adjacent to MTR Wong Chuk Hang Station. It was completed in 1974. The site area is about 16590 square meters. It is rebuilt with a maximum plot ratio of 15 times. The total floor area can be up to 248850 square feet. As the building has a 45-year-old building, new buyers can apply for a strong reunification if they acquire more than 80% of the shares.
Mr Yep pointed out that under the policy of revitalizing industrial buildings, many senior investors have successively purchased industrial property for redevelopment or re-construction. Like the district’s industrial building project, Ao Nan Plaza, which was developed by senior investors Cai Jingyang and Lin Zifeng, the average price after the sale was about 13,000 yuan.
In addition, the W50 recorded at No. 50 Wong Chuk Hang Road, the same district, was recorded as the 3rd and 5th rooms on the 20th floor. The total construction area was 1093 square meters. The transaction price was 14.975 million yuan and the price was 13701 yuan. According to the Land Registry information, the original owner purchased the 1, 2, 3 and 5 rooms on the 20th floor in 2014. The construction area is 2248 square meters, the transaction price is 31.291 million yuan, and the price is 13919 yuan. This time, two of the units were sold, and the property depreciated by 1.6% in five years.