2025-02-21 28Hse Editor
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- The Arc De Triomphe Has A Basket Of 1.3 Billion Sold At A Price Of 157,000 Per Square Foot To Challenge The Asian Property King
(Reporters Liang Yueqin, Li Zitian) The property price index hit a new high, and the owner's listing price is more ambitious. According to market sources, a basket of 5 units and 6 parking spaces in the Asahi Tower at the Arc de Triomphe in Kowloon Station held by Xu Zhiming, the former chairman of China United Petrochemical, was put on sale at an intended price of 1.3 billion yuan, with a total floor area of 8,253 square feet. The average price per square foot is 157,000 yuan, challenging the throne of the Asian district.
Former Chairman of China United Petrochemical sells goods
It is understood that the five units in the Arc de Triomphe are all resold in the company’s equity transfer model, and buyers can save 30% of the property price. The units are distributed on the top two floors. The most valuable is the "Skyline House", Room A, the top floor of Asahi Tower, with an area of 4,263 square feet, five-room partitions, with a sky garden of 2,174 square feet, and a private swimming pool.
According to data, "Skyline House" was purchased in 2007 for more than 184 million yuan with 6 parking spaces. Two other units on the same floor with an area of about 972 and 1,023 square feet were also purchased for a total of about 31.9 million yuan in the same year. The remaining two units are located on the next floor, with an area of about 972 and 1,023 square feet. The purchase price in 2011 was about 55.6 million yuan. The total purchase price of the entire batch of units is more than 270 million yuan, which is currently held by the British Virgin Island Investment Co., Ltd., with an intention price of 1.3 billion yuan, which has appreciated by 3.8 times.
Pu Wang Family 450 Million Gu Tai Chi Building
The family of the late "Shop King" Deng Chengbo, both of which belonged to Kowloon, was in financial difficulties and continued to sell goods for cash. According to sources, the Deng Chengbo family owned more than 85% of the Tai Chi Building at 132-134 Austin Road in Tsim Sha Tsui. It was sold to Macau investors for about 628 million yuan three years ago, but the transaction finally fell through in March this year. Recently, it changed hands for about 450 million yuan and only made a profit of 15 million yuan. The construction cost has depreciated 28% or 178 million yuan from three years ago. Market rumours that the new buyer is most likely to be senior investor Zhu Hongjun.
The Deng Chengbo family held the building in stages in the early years. In 2016, it spent more than 400 million yuan to acquire 81.25% of the building from Yu Ming and related parties, and then continued to increase its holdings to more than 85% of the building, and completed the project in 2019 Apply for forced shots. At present, the current site is a 54-year-old 12-story commercial and residential building with shops on the ground floor, office buildings on the 1st floor, and residential buildings on the 2nd to 11th floors. The net site area is about 5,441 square feet, and the maximum redevelopment floor area is about 6.53. Ten thousand square feet.
200 million yuan of the whole property on Shanghai Street is put on sale
In addition, Centaline (Industrial and Commercial) Xu Yongda stated that the bank will sell the entire property at 66 to 68 Shanghai Street, Jordan, with shops on the ground floor and residential buildings on the 1st to 5th floors at an intended price of about 200 million yuan. The floor area of the ground shop is about 1,498 square feet (not verified), and the upstairs residences are designed as a ladder and a group. The first floor area is about 1,367 square feet, and the floor area of the second to fifth floors is about 1,212 square feet. The owner spent about 30 million yuan last year to renovate the entire building, including deliberately installing built-in elevators to reach all floors.
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