{"id":10236,"date":"2020-09-08T02:40:19","date_gmt":"2020-09-08T02:40:19","guid":{"rendered":"http:\/\/vigers.com\/website\/?p=10236"},"modified":"2020-09-08T02:40:19","modified_gmt":"2020-09-08T02:40:19","slug":"news-headlines-8-9-2020","status":"publish","type":"post","link":"https:\/\/vigers.com\/website\/2020\/09\/08\/news-headlines-8-9-2020\/","title":{"rendered":"News Headlines 8.9.2020"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text][\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]Old building at Tung Chau Street applied for compulsory sale<\/strong>
\nAn old building located at 306-312 Tung Chau Street, Sham Shui Po applied for compulsory sale, and New World Development owned at least 80% of the ownership. The site has an area of 4,770 sq ft, and the market valuation is about HKD 160 million.<\/p>\n

Fifty major Grade A office buildings recorded four transactions in August<\/strong>
\nAccording to market news, four transactions were recorded in fifty major Grade A office buildings in August, down one transaction m-o-m. Of which, Kowloon regions recorded three transactions.<\/p>\n

Mong Kok shop rent slashed 69%<\/strong>
\nAccording to market news, Shop 21C, G\/F-1\/F, Soy Street, Mong Kok, with a combined area of 3,300 sq ft, has been rented to a sportswear brand at HKD 250,000 per month or HKD 75.7 per sq ft. The new unit rent is 69% lower than the previous one.<\/p>\n

Failed transaction recorded at La Vetta <\/strong>
\nA failed transaction was reported at La Vetta. A buyer agreed to purchase a special unit, 6\/F, Tower 1, La Vetta, Kau To at HKD 68.23 million in May last year but has failed to complete the transaction, forfeiting HKD 6.82 million of deposit.<\/p>\n

(Sources: Vigers Research and market news)<\/em><\/p>\n

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