No .88 Ma Tau Wai Road, Hung Hom

Property Information
Selling Price:
 HK$13,500,000
Address:
 Shop F on Ground Floor Greenland Court No. 88 Ma Tau Wai Road Kowloon
Gross Area*:
 Approximately 200 sq.ft.
Frontage*:
 Approximately 8 ft. 5 in.
Others:
 100A 1 Phase electricity, Water supply, Drainage and building's comment toilet
Tenant information:
 Fast Money Exchange Company
Monthly rent :
 $20,000, all inclusive, until 31 March 2019
Transaction Method :
 Asset Sale or Share Transfer
 
  • Floor Plan
  • Selling Point
  • Future Development
  • Transportation

Ground Floor Plan #

* The floor area information has not been verified.
# Not to scale.

The property is close to several remodeling projects and a population is expected to grow and revitalize.

There are many industrial and commercial buildings in this area and it is close to shopping spots and restaurants that are popular among tour groups from Mainland China. A large influx of tourists can be expected, which will drive strong consumption power.

That property is adjacent to several remodeling projects and new residential estates.

The Ma Tau Wai Road/ Chun Tian Street project is expected to be complete by mid-2019, with a gross floor area of 250,000 residential and commercial projects.

The new 34-storey project under the Senior Citizen Residences Scheme of The Housing Society is located at Lee Kung Street, offering a total of 300 residential units.

Kwai Hung Realty has completed the acquisition of the construction site at No. 58 – 68, Ma Tau Wai Road. The site area is approximately 6,000 square feet with over 45,000 square feet of construction floor area.

The Chun Tian Street/ Sung Chi Street Project under the Urban Redevelopment Authority (The total gross floor area of the development is 2,475 square metres, which is expected to complete by 2025/26).

The Shatin to Central link (Tai Wai to Hung Hom section) is expected to commence operation starting in mid-2019 and it is expected to encourage large pedestrian flow and increase spending.

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