2024-01-03 07:32:27
Cambie earlier attended the launching ceremony of the “Chung Hok She” youth hostel in Sham Shui Po, sponsored by the “Lau Luen Hung Charitable Foundation”. (Information picture)
By the wealthy businessman “Big Liu” Liu Luanxiong’s wife,Chinese Real Estate(127)A ground floor shop on East Point Road in Causeway Bay held by CEO and Executive Director Chan Hoi Wan (Gambi) and others was recently put on the market for NT$60 million. The property has an area of 458 square feet, equivalent to an intended price of regarding NT$131,000 per square foot. The asking price is lower than that of neighboring shops during the peak period. More than 75%.
A ground floor shop on East Point Road in Causeway Bay, owned by Cambie and others, was recently put on the market for NT$60 million. The intended price per square foot is regarding NT$131,000. The asking price is more than 75% lower than the peak price of neighboring shops. (Screenshot from the Internet)
The above-mentioned ground floor shop is located at No. 21, G/F, Chi On Building/Yi On Building, 24-26 East Point Road, Causeway Bay. It is understood that the shop is for sale with a lease. The current tenant operates a cigar shop, and the monthly lease is NT$108,000. The lease term is until mid-2026. It is expected that new buyers can enjoy a rental return of approximately 2.2%.
After checking the information, Camby started selling shops in the area of Tung Point Road at the end of last year. The adjacent shops No. 23 and 24 adjacent to the above-mentioned shops had been sold earlier. Members of the “theater king” Chen Junyan’s family took over the project for NT$97 million. The shop area is 832 square feet, with an average price per square foot of NT$116,600. It is reported that the shop is rented by the famous French pot brand Le Creuset. The current monthly lease is 250,000 yuan. The lease term is until mid-2025, and the owner’s rental return is approximately 3.1%.
Check the Causeway Bay shop for sale now (HOUSE730)
The original article was published on AM730
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