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Kimbee Chan seeks $600m for Peak pad


Billionaire Joseph Lau Luen-hung's wife, Kimbee Chan Hoi-wan, was said to be asking HK$600 million for a 4,299-square-feet house at Gough Hill Residences on the Peak, marking a per-sq-ft price of around HK$139,600.

The average price per sq ft more than doubled compared to Lau's buying price of HK$180 million 13 years ago, and is also 50 percent higher than Wheelock Properties' new luxury property on 77/79 Peak Road nearby.

The property for sale was purchased by Lau in January 2009 from Parklane Hotel's Chan family, who then gave it to his wife as a gift.

The sale is another attempt by Kimbee Chan, chief executive of Chinese Estate (0127), to cash in by selling holdings. The backer of embattled developer China Evergrande (3333) offloaded a total of 435 million Evergrande shares in two weeks, taking in at least HK$987 million in August based on the lowest closing price during the period, data of Central Clearing and Settlement System showed.

To that end, Lau and Chan's stake in Evergrande slid to 4.68 percent, or 620 million shares, on September 27 from 1.06 billion shares on September 10, lower than the 5 percent disclosure threshold. Therefore their offloading afterward will no longer need to be disclosed.

This came before Chan's proposal to take Chinese Estate private by offering minority shareholders at HK$4 apiece, according to the Hong Kong developer's announcement. The price marked a 38 percent premium to its last traded price as the offer was announced.

However, the offer price came in at a nearly 69.2 percent discount to the company's net asset value per share attributable to shareholders of HK$12.99, as shown by the interim result. The major shareholder said the cancellation price will not be increased.

In other news, Chinese Estates (0127) said it sold senior bonds issued by Kaisa Group (1638) and will record a realized loss of approximately HK$225.89 million. Shares of Kaisa rose 3.3 percent to HK$1.70 yesterday.

(The Standard)

 

Price of parking spaces at Hong Kong’s Lohas Park soar a record 23 per cent as Wheelock sells last 87 bays at Malibu flats

Wheelock Properties released the final 87 parking lots at Malibu for up to HK$2.46 million each, an increase of 23 per cent from two years ago

Malibu, comprising 1,600 flats in six tower blocks, only has 263 parking bays between them, or one spot for every six flats

The price of car parking spaces at the Lohas Park residential enclave in Hong Kong’s Tseung Kwan O district has risen to a record high, as a chronic shortage in the area forced vehicle owners to bid up prices.

Wheelock Properties, the developer of the Malibu apartments, released the final 87 parking lots in the project at a price range of between HK$2.2 million and up to HK$2.46 million (US$316,396) each, an increase of as much as 23 per cent from two years ago. Applications to bid for the lots closed yesterday.

Hong Kong is well served by networks of subway trains, surface trams and buses that connect all but the most exclusive residential enclaves with the main business districts, a convenience that has reduced the need to own cars, with the local population owning fewer than 80 vehicles for every 1,000 people, at the bottom 40 per cent of global rankings.

Still, the supply of car parking areas had lagged far behind the growth in vehicle ownership, as developers built homes with higher profit margins at the expense of parking bays. Malibu, comprising 1,600 flats in six tower blocks, only has 263 parking bays between them, or one spot for every six flats.

“Monthly rent increased to HK$5,000 and still it’s not easy to find one,” property agent said.

The soaring price of space at Malibu matches rising costs at other developments in Lohas Park.

A parking space at the 10-year-old Le Prestige, built by Cheung Kong and now renamed CK Asset Holdings, sold earlier this month for HK$2.3 million, setting a record for the neighbourhood.

“Sales of homes and investment properties have been brisk as the overall economy improves after the Covid-19 pandemic was brought under control,” agent said. “Parking lots are a popular asset class among investors as they involve smaller lump sum amounts.”

Wheelock is offering the Malibu spots to residents and property owners in other developments at Lohas Park: The Capitol, Le Prestige, Hemera, Wings At Sea and LP6, said Wheelock’s spokesman. Having more bids for the limited number of lots will only send prices soaring, agents said.

“It is likely the highest price for a parking bay in Lohas Park once the deal is done,” another agent said.

Sales of residential parking bays in the first nine months of this year jumped 83 per cent to 7,773, according to data from property agency.

The exorbitant cost of parking bays match residential real estate prices in Hong Kong, the most expensive urban centre to live and work in for more than 10 consecutive years.

In May, a spot sold for a world record of HK$11.9 million at the exclusive Mount Nicholson development on The Peak.

The removal of Hong Kong’s double stamp duty had benefited the sector as well, agent said.

The double tariff – known as the Doubled Ad Valorem Stamp Duty (DSD) – was introduced in February 2013 with the aim of tackling speculative activity in the market. It doubled or increased stamp duty rates across the board. The double levy was rolled back on November 25 last year, when duties reverted to their original rates.

(South China Morning Post)

 

中環中心兩層13億售 董建華家族成員承接

早前中環中心兩全層易手,涉資合共13萬,新買家為前特首、現任全國政協副主席董建華家族成員。

由「小巴大王」馬亞木持有的中環中心20樓早前以約6.3億易手,買家身分終曝光。據公司註冊處資料顯示,持有該樓面的公司THE CENTER (20) LIMITED,註冊董事最新由董立新及姚爾欣出任,前者為董建華幼子,代表項目由董建華家族承接。

20樓全層賣公司交易

資料顯示,上址面積24980方呎,以易手價計,呎價約25220元。

此外,由「磁帶大王」陳秉志持有的中環中心25樓早前亦以6.74億易手,據土地註冊處資料顯示,上址買家TOPWORLD UNION ENTERPRISE LIMITED,註冊董事董立筠、董立均及董立新,均為董建華子女,以全層面積24980方呎計,呎價2.7萬。

25樓全層6.74億易手

資料顯示,該全層曾由高盛承租,1年前撤出,項目現以交吉易手,陳秉志3年前以每呎2.5萬購入該廈,涉資約6.245億,是次買賣獲利約4900萬,物業期間升值約7.9%。

資料顯示,董建華早前以首置身分購入中半山豪宅嘉慧園低層單位,成交價逾1.6億,呎價逾4.7萬,當時他透過發言人指出,該單位是他擔任特首期間,由政府承租供其居住,卸任後他繼續租住,最近得知業主願意放售,故此決定購入。

(星島日報)

更多中環中心寫字樓出售樓盤資訊請參閱:中環中心寫字樓出售

更多中環區甲級寫字樓出售樓盤資訊請參閱:中環區甲級寫字樓出售

 

粉嶺中大印刷全幢2.31億沽

疫情持續平穩,為工商鋪市場釋出正面訊息,市場再錄大手成交,中星集團控股旗下的中大印刷,以2.31億售出粉嶺業暢街11號中大印刷集團大廈。

平均呎價4416

中星集團控股昨日公布,中大印刷售出粉嶺業暢街11號中大印刷集團大廈全幢,作價2.31億,項目為6層高工業大廈,由工場單位、入口大堂及7個泊車位組成,項目地盤面積10494.9方呎,總樓面約52310方呎,以易手價計算,平均呎價約4416元,買家為一間海外註冊公司。

粉嶺區內工廈近期備受追捧,市場頻錄大手成交,資料顯示,由鄧成波家族持有的粉嶺安樂門街35至37號勉勵龍中心全幢,項目地盤面積60547方呎,總樓面152762方呎,早前作價6.95億易手,買家為華潤物流,平均呎價4550元,創今年以來粉嶺區內最大宗金額工廈成交。原業主鄧成波家族於2015年以5.15億購入,持貨6年帳面獲利1.8億,物業期間升值約34%。

華潤物流活躍於市場,除了勉勵龍中心,並購入屯門東亞紗廠工業大廈全幢,作價22.4億,屬今年以來市場上最大宗全幢工廈成交,平均呎價4802元,該全幢樓高15層,總面積約466449方呎,平均每呎4802元。

(星島日報)

 

中環巨鋪月租30萬跌70% 交吉一年始租出零售商取代時裝店

受疫情等因素打擊,核心區一綫街道鋪租持續下滑,由幸福藥業家族成員持有的中環皇后大道中聯成大廈巨鋪,總樓面4100方呎,於交吉約1年後,以每月約30萬租出,呎租約73.1元,較舊租急挫約70%,租金重返10年前水平,回報更跌穿一厘。

據市場消息指出,中環皇后大道中41至47號聯成大廈地下41號,地鋪面積約700方呎、閣樓面積約400方呎及地庫面積約3000方呎,總樓面4100方呎,於交吉近一年後,以約30萬獲零售商承租,平均呎租約73.1元,上址早前由連鎖時裝店以100萬租用,故租金急挫近70%。

平均呎租73

據土地註冊處資料顯示,上址業主於2018年以4.448億購入,以公司名義RICH THREE INVESTMENT LIMITED持有,註冊董事包括黎元淑等人,為幸福醫藥家族成員,租戶為PTBZ EAST LIMITED,租期為今年11月至2024年11月,並可選擇再續約3年,以最新租金計,租金回報低見0.8厘。

回報低見0.8

翻查資料顯示,該巨鋪上一手業主亦大有來頭,為資深投資者黎永滔,他於3年前沽貨時,成交呎價高逾10萬,黎永滔早於2007年以1.18億購入,持貨11年帳面獲利3.2億,物業期間升值約2.76倍。

幸福醫藥家族成員持有

盛滙基金創辦人李根興評論指,上述鋪位雖位處核心區一綫地段,惟鋪位門面較窄,加上大部分樓面屬地庫部分,以現今市道計,對商戶吸引力較遜息,儘管上一手租金高達百萬元,惟當時正值鋪市高峰期,最新租金急挫7成屬貼近大市水平,亦重回約10年前水平。

區內近期矚目鋪位買賣為由花旗銀行持有的同區會德豐大廈逾萬呎巨鋪,以售後租回形式易手,作價7.1億,買家為外號「台灣張」的資深投資者張彥緒。

(星島日報)

 

廣播道住宅地今截標

市區豪宅用地供應罕有,政府亦加快推地步伐;九龍塘廣播道79號豪宅地將於今天截標,亦是本財政年度賣地表上唯一一幅推出的九龍市區住宅地,綜合市場估值約12.8億至15.75億,每呎樓面地價約1.8萬至2.2萬,料將吸引各大發展商參與競投。

可建樓面7.15萬方呎

據了解,新地、嘉華、佳明及遠東發展均有意入標。

上述廣播道豪宅地,前身為香港電台教育電視中心,地盤面積約23864方呎,可建總樓面約71591方呎,指定作私人住宅用途。

項目位處九龍塘傳統豪宅地段,更是本財政年度賣地表上唯一推出招標的九龍市區用地。

新地嘉華等研入標

業內人士指,市場對豪宅需求殷切,而且地皮規模四正,剪裁設計更靈活,再加上項目發展規模小,總投資額較低,料掀起各大財團積極競投,出價亦會較為積極進取。綜合市場估值約12.8億至15.75億,料每方呎地價約1.8萬至2.2萬。

估值約15

有測量師指出,由於市區同類地皮供應不多,預計發展商會非常積極投地,料有15至20個發展商入標競投,估計發展商會以高價搶地,預計會以接近市場上限上價批出。

該測量師認為該地未來仍以發展豪宅單位為主,密度較九龍其他地區低。

另一測量師表示,項目位處傳統豪宅地段,地皮更是廣播道區內自2006年後首幅全新政府地皮推出招標,可見區內供應相當罕有,加上項目規模及投資額適中,故料吸引不少發展商參與,尤其是中小型發展商,並預料入標反應將相當理想。

(星島日報)

 

油麻地CASA酒店全幢 6.5億洽至尾聲

料外資基金承接 擬發展共居項目

核心區全幢物業具增值空間,消息指,油麻地彌敦道Casa酒店全幢,獲6.5億元洽購至尾聲,料快將售出,項目提供162間房。據悉由基金洽購,擬發展共居市場。

市場消息指,油麻地全幢物業獲洽購,涉及油麻地487至489號,現為CASA酒店,去年業主曾把物業放售,叫價約8億元,而近日項目獲財團積極洽購,出價達6.5億元,預計快將易手。消息稱,該財團為一家外資基金,擬購入後發展共居。

地盤面積3103 共162間房

物業地盤面積約3,103平方呎,樓高14層,地下為商舖,2樓設有餐廳,而酒店大堂設於1樓,3至14樓為客房,每層面積約1,495至2,043平方呎,提供10至16間房,面積約100餘平方呎,合共162間房。酒店位於彌敦道,鄰近旺角購物區,定位為三星酒店,吸引自由行旅客入住。不過,因疫情持續一年半,零旅客下衝擊生意,故業主有意放售物業。

據悉,業主早於2007年以1.59億元購入物業,其後自行營運酒店。據了解,2013年該品牌亦租用比鄰彌敦道483至485A號,開設Casa Deluxe酒店,提供87間房。惟2019年下半年社會運動爆發,遊客人數減少,加上去年1月出現疫情,該酒店於去年中結業。

疫情下酒店生意慘淡,投資者卻步,令酒店買賣大幅減少,今年市場僅錄數宗買賣。值得留意,新買家購入後,因經營酒店困難,而住屋需求則仍強勁,多打算更改用途為共居作收租。

酒店生意淡 投資者轉型收租

如早前帝邦旗下尖沙咀寶勒巷晉逸精品酒店全幢,獲外資基金以9.8億元承接,提供158間房,消息指將作共居用途。另外,土瓜灣譚公道103至107號酒店,本年中以3.8億元成交,由Weave集團購入,該集團已營運多幢共居項目,土瓜灣亦將轉作共居,明年初推出市場。

投資市況仍旺,近期不少全幢物業獲承接,如日前英皇 (00163) 以5.85億元,沽出葵涌Toppy Tower全幢工廈,新買家為安樂工程 (01977) 。

另外,大坑道341至343號全幢住宅項目,以約12.4億元易手,呎價高見6.9萬元,由培新集團購入,將重建成豪宅。

(經濟日報)