Real estate market
Author: Li Tong
2021-04-26 18:15
Last update date: 2021-04-26 18:17
According to market news, the ground factory of Phase 1 and the basement 7 of Phase 2 of Xinbao Industrial and Commercial Centre, 118 Ma Tau Kok Road, To Kwa Wan, changed hands for 137.5 million yuan at the beginning of this month. According to data, the area of the factory is about 25,000 square feet. , The transaction price is about 5,500 yuan per square foot.
According to information from the Land Registry, the new buyer is Heliang Holdings Co., Ltd., and the directors include Wang Guoqiang and others.
Wang Guoqiang is a registered professional engineer, chairman and chief executive officer of Jincheng Construction Group, chairman of the Hong Kong Guangdong Association of Societies. He also served as a member of the National Committee of the Chinese People's Political Consultative Conference. In his early years, he cooperated with Zhou Rong and others to set up the political organization "Help Hong Kong".
Looking at the information, Wang Guoqiang has also entered the market in luxury properties in the past. For example, in 2019, he bought a high-rise unit with parking spaces at No. 1 Beacon Hill, Kowloon Tong for about 47 million yuan, with a price of about 32,400 yuan per square foot.
As for the original owner of the Xinbao Industrial and Commercial Center, Wo Hing Trading Co., Ltd. purchased the above-mentioned property in 2007 for 24.3 million yuan and held the goods for about 14 years. The book value was 110 million yuan and the property appreciated nearly five times.
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