Unit price of Bank of America Tower reached 6-year low
According to market news, Units 6-9, 6/F, Bank of America Tower, Central, with an area of 3,110 sq ft, have been transacted through company transfer at HKD 83.97 million or HKD 27,000 per sq ft. The unit price reached a 6-year low of the building.

Shop lease at Jordan renewed at HKD 230,000
Street shop, G/F-M/F, 77-81 Parkes Street, Jordan, with a combined area of 4,578 sq ft, has been renewed the lease by Tsui Wah Restaurant at HKD 230,000 per month or HKD 50 per sq ft. The new rent is around 40% lower than the previous rent.

The Harbourside changed hands at HKD 28,775 psf
Unit E, low-to-mid-floor, Tower 1, The Harbourside, Kowloon Station, with a saleable area of 743 sq ft, has been sold at HKD 21.38 million or HKD 28,775 per sq ft. The original owner purchased the unit at HKD 13.95 million in 2019, making a book profit of HKD 7.43 million and a 53% appreciation.

Shop rent at Shau Kei Wan increased by 10%
Shop D, G/F, 36-44 Kam Wa Street, Shau Kei Wan, with an area of 400 sq ft, has been rented at HKD 55,000 per month or HKD 138 per sq ft. The new rent is 10% higher than the previous rent.

(Sources: Vigers Research and market news)


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