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Grade-A industrial building assembles creative professionals to Tuen Mun

Shining amongst the old industrial buildings in Tuen Mun, 99COMMONS, a Grade-A property project presented by SAGE Properties Limited, aspires to become a conspicuous landmark in New Territories West to generate fresh impetus to the cultural and creative industries. 

Situated in the heart of Tuen Mun, 99COMMONS is the first new industrial building development in the district in nearly 20 years. It has redefined industrial building specifications, bringing a breakthrough Central Business District (CBD) product to a traditional non-CBD area.

Partnering with a top design team, the building takes inspiration from the nearby Castle Peak and surrounding greenery. With its wall randomly pieced together with distinct green Japanese tiles and metallic, the green building highlights an abstract connection between land and sky. 

“It shines under the sunlight, and the outlook varies from different angles and in different times,” says Anna Mae Koo, Director of SAGE Properties Limited. “We want to add some sparkles to the building, as it represents our hope that 99COMMONS can be a gleaming landmark in this industrial area.”

Its name and logo, 99COMMONS, implies the meaning of ‘CO’, to connote the concepts of ‘Collaborate’, ‘Co-create’, and ‘Community’; as well as embodying its five philosophies: create, live, play, sound, and online.

When asked about the purpose of developing the building, Koo points out that the new building is dedicated to benefiting the local community. “We want to make this area better by offering a co-sharing space that brings in young and new blood.”

Differing from cluttered and dilapidated industrial units, the 18-storey green building boasts a total area in excess of 240,000 sq. ft., offering 338 units that range from approximately 450 to 3,200 sq. ft.

“Many commercial and industrial areas in the city, like Hong Kong Island, are filled already,” says Koo. “It’s hard to find a place that can offer tenants such a spacious area at a low price, in addition to an excellent connection to many places.”

Her team has taken references from several industrial buildings and found out that most of the working environments are not ideal.

“We have seen some very strange combinations, like a photo studio situated next to publishing and manufacturing companies. And the noises they created are not able to provide a good working environment.”

99COMMONS offers four different types of units: Studio, Corner Studio, Loft, and Penthouse, all equipped with independent air conditioning. Each type of unit has its special features – most Studio units on 2/F, and Loft units on 19/F are decked with a private podium; Corner Studio units have 270-degree floor-to-ceiling windows overlooking the panoramic views of Castle Peak; as well as Penthouse units with an indoor staircase connecting to a private rooftop.

“We have everything that tenants want. You can rent a small unit at $8,000 with great services, along with a free share area. We also give a rent-free offer to our tenants for the first month,” she adds.

Aimed to create a co-sharing community for nurturing creativity, the building provides a one-of-its-kind shared space area, THE SOCIAL, exclusively for tenants’ use.

With over 2,000 sq. ft., the area offers a wide array of facilities for tenants to connect with and be inspired by one another. Tenants can also book projector facilities, audio-visual systems, and meeting rooms for hosting meetings and small seminars at THE SOCIAL.

Aside from the flexible and cozy working environment, Koo also underscores its strategic location as another huge advantage.

“It enjoys a comprehensive transport network that can connect to the city center, mainland China and overseas, enabling our tenants to capitalize on the vast potential of the Greater Bay Area,” she continues.

With the completion of the Tuen Mun-Chek Lap Kok Link by the end of December, it will take just a short 10-minute drive to the airport. Besides, the building is next to Tuen Mun Ferry Pier, making it only a 10-minute and 40-minute drive to Shenzhen Bay Port and Macau respectively.

Tenants can access different parts of the city with ease. It takes only a 1-minute walk from Kin On and Tsing Wun Light Rail stops, which links the major areas in New Territories West; and around an 8-minute walk from the Tuen Mun Station, reaching the Tsim Sha Tsui East and Hong Kong Stations within 40 minutes.

Spending more than 1 billion Hong Kong dollars, Koo shares that there are different up and down during the 4-year journey. “Since the location is adjacent to the Light Rail stops, we needed to negotiate with the MTR Corporation, alongside some construction issues, as well as the disruption brought by Covid-19,” she shares, adding that the pandemic somehow manages to bring them opportunities.

Recognizing the changing business landscape under the new normal, she points out that an increasing number of people wish to work within their neighborhood.

SAGE launched four storeys as a first phase, and all units are now fully rented. Its second phase, which has received an overwhelming response to date, is now open for lease at an average rent from HK$20 per sq. ft.

“Most of our tenants are from Tuen Mun, and of course, some also come from neighboring districts,” she says, adding that the current tenants are very diverse, ranging from IT companies to cross-media companies and art workshops.  

“I think there are still many rooms for our cultural and creative industries to grow. As a new approach to industrial building, we hope that 99COMMONS can become a landmark to bring more young talents to the district while offering opportunities for them to grow their business.”

(The Standard)

 

Secondary sales up as prices slashed

Secondary deals in 10 major real estates in Hong Kong rose 26 percent to 19 over the weekend, a six-week high, as some property owners slashed prices by up to 5 percent, according to property agent.

In Sheung Shui, a 1,500-sq-ft house in Rigi Avenue sold for HK$19.8 million, or HK$13,000 per sq ft, leaving the owner with a paper loss of more than HK$1.4 million.

In the primary market, Henderson Land Development (0012) launched 17 units in Arbour in Jordan at a minimum price of HK$6.66 million. The price of some units is 2 percent more expensive than the previous batch. The developer sold 30 out of 33 homes released last Friday, pocketing HK$270 million.

Separately, Kaisa Group (1638) and Choice Holdings received around 200 checks for The Concerto in Sham Shui Po. The developers released the first price list last Friday, offering 30 homes at an average price of HK$19,658 per sq ft.

(The Standard)

 

新世界長沙灣商廈推售呎價傳1.3萬起

本港雖然爆發第四波新冠肺炎疫情,但《施政報告》公布撤銷非住宅物業的雙倍從價印花稅 (DSD),刺激發展商加快推售工商新盤。新世界 (00017) 旗下商廈新盤長沙灣荔枝角道888號,突然推出4層供買家洽購,意向呎價1.3萬元起。

受惠撤銷DSD令入市工商物業成本降低,有望刺激交投。新世界上周開通荔枝角道888號網站後,市場指出,發展商推出9、10、11及15樓共4層供買家洽購,每層共有19個單位,建築面積502至2606方呎,低層意向呎價1.3萬元,中層意向呎價1.45萬元,入場費料約650萬元起。

3厘保證租金回報 為期三年

消息人士稱,發展商為吸引投資者入市,將提供3厘租金回報保證,為期3年,買家須支付期間的差餉地租及管理費。據悉,若有買家大手購入全層,將可獲全數印花稅回贈。

荔枝角道888號為一幢28層高商廈,5樓至15樓每層分間成19個細單位,建築面積502至2613方呎;16至29樓為全層單位,建築面積23856至24626方呎;30及31樓則為特色戶,建築面積分別22385及20894方呎,另設1298及976方呎平台。項目預計2022年4月落成。

(信報)

更多長沙灣區甲級寫字樓出售樓盤資訊請參閱:長沙灣區甲級寫字樓出售

 

波斯富街舖長約租6.5萬十年低 零售業備戰聖誕 銅鑼灣空置率首降

銅鑼灣過往貴為核心旅遊消費區,隨着新冠肺炎疫情大爆發,本港封關後旅客銳減,業主須大幅劈租吸客。區內波斯富街61號地下,最新以每月6.5萬元租出,租期達兩年,屬超過10年來該街道月租最低的長租地舖成交。由於舖租明顯回落,刺激租賃交投增加,銅鑼灣商舖空置率在11月回落至11.65%,屬今年以來首次出現按月下跌情況。

業主劈八成 體育用品店承接

代理表示,臨近年底租務旺季來臨,部分零售品牌趁租金回落進駐主要零售區。波斯富街61號地下,建築面積約850方呎,獲體育用品店以月租約6.5萬元租用,呎租約76.5元,是次租期為兩年。業主願以超筍價租出該物業,主要因該租客為連鎖品牌,故業主在租務優惠條款上作出多方配合。

資料顯示,上址舊租客為尊貴鐘錶珠寶,2011年起租用,更連同毗鄰由該鐘錶品牌自用的波斯富街63號地下,打通成為一個建築面積約1700方呎的大型舖位。該鐘錶品牌前月租約35萬元,今年初租約期滿放棄續租,連自用舖位亦同步結業。是次波斯富街61號地下重新租出,租金大跌81.4%,業主每月少收28.5萬元,以兩年租期計共涉及684萬元。

據土地註冊處資料,波斯富街61號地下由已故「工廈大王」楊耀松於1954年以6萬元購入,近年轉由其長子楊國佳擁有。由於地舖早年以低價購入,多年來的租金收入早已抵消舖價,因此接受平租舖位。不過,資料顯示,此舖在2003年9月沙士後曾以每月12萬元租出,即現時甚至較17年前的租金還要低近一半。

據了解,波斯富街現時共有18個舖位空置待租,空置率達29%,街內不少地舖的放租叫價已跌至每月10萬至15萬元,故月租低於10萬元的成交料陸續有來。今年以來,銅鑼灣的主要零售街道已有數宗月租低過10萬元的長租租賃成交,主要圍繞波斯富街及利園山道以往因自由行扯高租金的街道。

聖誕及新年檔期來臨,零售行業積極備戰,舖位租務成交增加,令多個核心區舖位空置率升幅有所放緩。

代理指出,11月商舖租賃成交宗數達505宗,較10月高出13%,是繼今年5月後再次突破500宗,創今年單月第二高。

四大核心區11月租賃改善

四大核心消費區舖位空置率有好轉跡象,據代理統計,11月商舖空置率有上升的區域為中環及尖沙咀。當中以尖沙咀錄得最高升幅,由10月約16.99%升至11月約17.15%。中環舖位空置率最高,11月數字為20.66%,按月增加0.05個百分點,增幅有明顯收窄跡象。旺角舖位空置率約12.33%,維持10月水平。至於銅鑼灣舖位空置率由10月約11.74%降至11月約11.65%,跌幅0.09個百分點,為今年以來首見回落。

代理分析,踏入12月,第四波疫情肆虐,政府收緊限聚令,預料市民外出消費意欲隨之減退,走勢向好的商舖租務市場有機會再度放緩,預料本月各核心區商舖空置率有機會反彈。

(信報)

 

SAGE顧曉楠:看好屯門工廈逾十億打造99COMMONS

工廈炙手可熱,投資者紛斥巨資發展,SAGE顧曉楠指出,集團於本港首個項目99COMMONS入場約8000多元,力吸年輕創科及藝術客源。

入場月租8000

SAGE智銳物業董事顧曉楠接受本報訪問時指出,集團斥逾10億打造99COMMONS,項目為重建項目,質素遠較活化項目為佳,前身為凍倉,發展歷時4年,於今年7月竣工,第一期招租已完成,平均呎租約20元,當中特色單位悉數租出,附設獨立天台,呎租僅約25元,雖然疫情下招租,仍備受追捧。

投資額逾十億

顧曉楠續指出,上述項目作長綫放租用途,料資金回本期約8年,項目更設共享空間THE SOCIAL,為全港工廈首創,面積逾2000方呎,附設桌球枱及投影機等設施,為租戶提供互相交流的「好地方」。

顧曉楠續指,屯門區工廈售價遠較傳統核心區「低水」,該區更位處中港兩地交通樞紐,亦受惠於未來大灣區發展。

她亦指出,自身早前從事服務式住宅發展,對該項目引入相關概念,99COMMONS位處屯門杯渡路99號,地盤面積逾2萬方呎,樓高18層,涉338伙工作室,面積介乎447至3203方呎,附設兩層停車場,涉39伙貨車及私家車車位。

(星島日報)

 

瑞英工廈三層將以1.5億沽位處土瓜灣每呎造價3000餘元

疫市下大手工廈仍受捧,土瓜灣瑞英工業大廈三全層,涉及總樓面約4.8萬方呎,將以1.5億易手,平均呎價3000餘元,造價重返2013年水平。、

位處土瓜灣舊區的瑞英工業大廈,佔據街道大單邊,前臨海心公園,向來交投疏落,不過,該廈近期有一籃子工廈罕有放售,旋即惹來財團垂青。

知情人士透露,該廈9、10及11樓三全層,以及2樓E室,總建築面積約4.8萬方呎,佔大廈業權25%,業主意向價2億,平均呎價4206元,屬合理水平,惟疫市下,準買家出價與業主意向距離大,由於業主有心沽貨,最終選定1名準買家,雙方正就細節洽商中,物業將以約1.5億易手,平均呎價3000餘元,價格重返2013年水平。

市傳買家為建築商

知情人士續指,買家為一家建築商,交易已經落實,惟本報尚未確實有關消息。

上述為該廈9至11樓全層,每層建築面積約14767方呎,以及2樓E室,建築面積約3239方呎,有代理指,由於該批樓面面積大,佔據業權具有主導性,新買家進可攻退可守,自用或出租,長綫可博收購。

追溯該廈上一宗買賣為2018年中,為7樓A及B室,建築面積約12688方呎,以7500萬易手,平均呎價5911元。

佔大廈業權25%

土地註冊處資料顯示,上址業主誠佑有限公司,董事朱尚方,股東Group Bright Holdings Limitd,為一家英屬處女群島登記公司。誠佑有限公司於2005年1月以2880萬購入上址。

瑞英工廈位處旭日街1號,樓高11層,於1969年落成,該廈附近有單幢住宅港圖灣及旭日豪庭等,前身都是舊廠廈,由工廈改劃重建而成。

土瓜灣地標景點海心公園鄰近,為一個小型工廈區,約十幢工廈於60年代落成,至千禧年左右,部分已重建住宅。僅存的數幢工廈包括瑞英工廈在內,業主博收購心態,故向來成交疏落。

(星島日報)