City continued to adjust the rent down expected slow
The core area of the shop rent is still adjusted, the United Trade and Industry shop that, with the high price of the end of the lease, I believe this year, the rent continued to slow down, but the investment climate is still weak.
King Long Street Shop rent reduction 46%
There is a total of about 1,228 square feet on the ground floor of Causeway Bay, Causeway Bay. The owners are divided into five shops for A to E. Which is located at the junction of Cannon Street and Lockhart Road, with a gross floor area of about 50 square feet and a usable area of only 30 square feet. For rent for many years, the rent is $ 260,000 and the rent is about $ 5,200. Rented up to $ 8,667, is the territory of Hong Kong dollars rent shop king.
It is learned that the contract for the exchange is about to expire. Recently, the tenant has reached an agreement with the landlord to renew the rent for about $ 140,000 a month. The rent is about $ 2,800 and the rent is about 46%. Status of the king.
For sale, Causeway Bay Xinhui Road floor, an area of 1,263 square feet, to 5,500 million change hand, the buyer for the shop Wang Dengcheng wave, expected to return more than 4%. According to the data, the original owners of the site in May 2009 to 24 million yuan to buy the property, holding eight years, the book profit of 31 million yuan, the property appreciation of nearly 1.3 times.
Minsheng District shops to buy more, Christian Missionary Association Hong Kong Federation of the United States at the end of last month, 1.98 billion yuan to buy a total of 50 shops in Tsuen Wan Garden. The owner of the shop for the SMILAX COMPANY LIMITED, in 85 years to 45.421 million purchase, holding 32 years, the book earn 193 million yuan, the appreciation of nearly 43 times.
The ground floor area is about 2,300 square feet, together with 1,700 square feet of loft, for a total of about 4,000 square feet and about $ 32,500 in foot terms. Now the shops are rented to snacks and securities firms.
Tsuen Wan Garden 50 Shop 1.98 million sale
In the past two years, the core area of the core area, such as Tsim Sha Tsui, Canton Road, Causeway Bay, Russell Street and other shops rent, a substantial callback 4 to 5 percent, and recently King Long Street, rent shop King, the same down 4 into normal. He pointed out that as a result of the closure of the retail peak, which ended in the past year or two, the number of cases in which the rent was substantially reduced was reduced.
In view of the fact that the rent rallies need to reduce the interest of investors in the market, the HKMA suddenly “spicy” to tighten property mortgages and buy higher cost of shopping.