Article from Large property-divested rife, 7-35 Yan Ching Street, Tuen Mun, Lu Ai-ling, the founder of the old hospital and held by the person concerned by the Cambridge Nursing Tuen Mun San Hui, the former Victoria Theatre and the underground sections, named multivariate Square ", split into 30 shops for sale, it is estimated that sold out 290 million HKD in cash. Market news the same day has sold 4 partners.
The ZhongHKD (CIS) shop Director Huangwei Ji said that the owners of the property the underground sections split into 30 ground floor shops for sale, the construction area ranging from 84 square feet to 626 square feet, the average unit price of $ 73,325, priced from 5200000 to 4360.8 230 million, cash of about 2.9 billion sold out, the first two years of 4% rental return guarantee owners will also be provided after the transaction. Market sources pointed out that late already sold four shops, Shop 17, with a building area of 86 square feet, priced at 5.848 million HKD.
Owners provide rental return guarantee.
The data show that the Victoria Theatre closed in 1992, and subsequently, the property has been vacant since, after Tuen Mun Centre Building, Ground Floor, 14, 16 shop and cinema section was acquired in 2010 by Miss Irene and the concerned parties, a total of 14,000 square feet. It is learned that the landlord intends floor re-interval and premium built 2nd floor, intends to retain the two layers for rental purposes.
The Garley industrial buildings 8 months rose more than 2 times
The shops soared, visionary investors in a short period of time has the departure of the huge profits. Land Registry data shows, Lai Chi Kok Wing Hong Street, 55-57 Garley Factory Building, Ground Floor, B, C bunk, a total of $ 50 million changed hands. It is learned that the property at auction by the court in April this year, a total of 4,320 square square feet of salable area, buyers purchased 1,650 million and 756 million, respectively. Buyers holding cargo 8 months, carrying large earn 2,594 HKD appreciation than doubled.
In addition, there are also Garley factory buildings also have a basket of properties changed hands, including $ 1.25 billion to 5,8 floor of 11 units, and the platform A to D, The registered buyer set Fung Holdings Limited, the directors of the Company for LiHui instrument. Original owners purchased the property in April 1979 to 1.5 million HKD to hold stocks for 33 years, is now selling a book value of earned over 120 million HKD, about 83 times the property appreciation.
