Real estate market
Written by: Yue Yueting and Lin Leqian
2019-12-03 19:37
Last updated: 2019-12-03 19:37The retail market is breeze. Market news indicates that the ground floor of No. 12 Yaohua Street, Causeway Bay, has a construction area of about 753 square feet. 51%, with an average price of 43,161 yuan.
The agent revealed that in September this year, the ground floor shop at No. 30 Yaohua Street was bought by senior investor Luo Zhuxiong for 33 million yuan. At that time, the owner had dropped 47 million yuan or 59% from the original asking price. The owner of Shop No. 12 also lowered the price one month later, and finally sold 50% of the price. The shop was originally rented by a dessert shop, with a monthly rent of 76,000 yuan, and the lease period is until February next year, but the dessert shop moved out of the shop early and the shop site was vacant for about half a year.
The original owner bought the site for 74,000 yuan in May 1967 and sold it for 52 years while holding the stock. Although the price was reduced by more than 50%, the book still made 32.426 million yuan or 438 times.
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Retail market
