Real estate market
Written by: Lin Leqian
2020-04-24 22:30
Date of last update: 2020-04-24 22:30The epidemic of New Crown Pneumonia continued, hitting the retail and catering industries, and the people's livelihood industry, which focuses on local consumption, took advantage of rents to lower rented shops. Zhuang Longman, Senior Regional Sales Director of the Commercial Department of Zhongyuan (Industrial and Commercial Shops), said that Shops A and B, 57-59 Hau Wang Road, Kowloon City, with a loft, have a floor area of approximately 2,000 square feet and a loft area of approximately 1,800 square feet. Up to about 3,800 square feet, it was recently rented by a boutique store, with a monthly rent of about 108,000 yuan.
The tenant in front of the shop is Xin Sande Hot Pot Seafood Restaurant. Zhuang said that the hot pot restaurant has been renting the site since 1999. However, the business volume has been hit recently and it has been reluctantly moved out. The most recent monthly rent of the hot pot restaurant is about 170,000 yuan , That is, the new rent is greatly reduced by 40%.
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Shops and shops