Luxury Real Estate Blog and News
Henderson Land Development has agreed to pay a land premium of HKD 2.218 billion, or HKD 6,728 per sq ft of GFA, for the change of land use right of the ex-Asia Cold Storage site on King Wah Road.
Sai Wan Ho
A 2-room unit at Unit D, high floor, block 2, Grand Promenade, Sai Wan Ho, with a saleable area of 496 sq ft and a GFA of 693 sq ft, has been leased at HKD 23,500 per month.
A batch of properties with total GFA of 109,600 sq ft in Wah Ming Centre, 421 Queen's Road West, Sai Wan is said to be sold recently for a total of HKD 680 million.
According to market news, Unit 19, Mid-Floor, Bank of America Tower, Central, with an area of 674 sq ft, has been transacted at HKD 23.59 million, or HKD 35,000 per sq ft.
The house lot at 8 Fei Ha Road, Kowloon Peak, Sai Kung, with a site area of 12,860 sq ft and a plot ratio of 0.4 times, was recently sold for HKD 105 million.
A mainland buyer purchased 2 units at Stars By The Harbour, Hung Hom for over HKD 110 million yesterday.
Prosperity REIT purchased the entire office building of Kwun Tong View in Kwun Tong for HKD 1.875 billion, or almost HKD 13,000 per sq ft.
A high-floor unit A in block 1 of Stars by the Harbour in Hung Hom, with a saleable area of 1,408 sq ft, was recently leased at a monthly rent of HKD 85,000, or HKD 60.4 per sq ft.