In recent years, the shop has concentrated on the sale of people’s livelihood
The Huangfengxian Huanfeng Street, which is held by senior investor Li Yaohua, has sold for 10.5 million, with an average price of about 13,000. The property has appreciated by more than 20% in 4 months. The home rental return is about 3%.
Fang Jinyao, deputy divisional business director of Zhongyuan (Industrial and Commercial Shop), said that the above transaction was the single-story shop on the ground floor of No.37-43, Huanfeng Street, Wong Tai Sin. The area was about 800 square feet, and the price was about 10.5 million. The cost per side was about 1.3. In addition, Fang also pointed out that the market value of the shop is about 30,000 per month. It is expected that the new buyer will enjoy a rental return of more than 3%.
Return more than three cents
According to the Land Registry, the original owner purchased it in April this year. At that time, the purchase price was 8.28 million. Therefore, the purchase price was only 4 months, the book profit was about 2.22 million, and the property value quickly increased by about 27%.
Fang Jinyao continued that the above-mentioned hand-washing shop is located in the main Minsheng Street in the district, and the business has certain guarantees. Therefore, senior investors are optimistic about entering the market for long-term investment. Fang said that at present, there are many old building projects in Wong Tai Sin which have become the targets of developers and consortium acquisitions. The most active ones are Hong An Real Estate and the Chinese-funded consortium Wuyi Group. With the increase in acquisition and reconstruction projects, the value of the Wong Tai Sin Industrial and Commercial Shop property has also been directly benefited. Fang believes that although the recent market trend is uncertain, there are still strong investors waiting for opportunities to enter the property market in the consumer area. It is expected that this phenomenon will further become a new trend in the market.
The price of the ring trade was 1.62 million
On the other hand, the demand for commercial buildings is strong, and the market frequently records cases. According to the information of the Land Registry, Room 03, 23/F, Central Trade and Economics Center, covers an area of 1,670 square feet. It was sold at a price of 27 million on the 16th of this month. The average price was about 16200. The new buyer was registered in his own name. At the same time, the information also shows that the original owner of the previous site was purchased by the company’s name CENTRAL NET INVESTMENT in 2007. The price was 7.28 million in the year, so the book held a 12-year profit of 19.72 million, and the property value increased during the period. 2.7 times.
In addition, Room B01, Low Floor, Block B, Fuk Lung Centre, Kowloon Bay, covers an area of 772 square feet and costs 11.15 million yuan. The cost per side is about 14450 yuan. There is also a low-rise unit of Fort Tsim Sha Tsui Commercial Building with an area of about 938 square feet. The price is about 10 million, and the average price is about 10,661 yuan.
The full floor of Xingming Building is asking for 27.5 million
Xu Rongwei, senior divisional business director of the Central Plains (Industrial and Commercial) office building department, said that the third floor of Xingming Building, No. 41A, Lianwei Road, Tsim Sha Tsui, is a commercial deed, with an area of about 2,800 square feet, with an intentional price of 27.5 million for sale. The price is about 9821 yuan; Xu continued to point out that the project was originally sold at about 33.5 million. However, due to the recent demonstrations, the investment market sentiment was affected. The owners lowered the asking price by about 6 million for sale, a reduction of about 18%. In the form of a tenancy agreement, the current tenant operates a hair salon. The tenant is rented for more than 7 years. The monthly rent is about 60,000. The average rent is about 21 yuan. The lease will be until March next year.
Mr Hsu continued to claim that Shop B83, 1/F, and Shop B82, 2/F, Tsuen Fung Centre, 144-172 Castle Peak Road, Tsuen Wan, were all about 500 square feet. They were sold at an intent price of about 27.6 million and 11.6 million respectively. They are all sold in the form of a tenancy agreement. The first floor shops are now rented to the medical office. The monthly rent is about 78,000. The rental period is until the middle of the next year. The second floor shop is a physical therapy center with a monthly rent of about 27,500. The lease is in April 21st.