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3,000 homes to hit market

Nearly 3,000 new homes are ready to hit the market after the Lands Department granted presale consents to four projects including Lohas Park phase 12A and 12B.

In August, a total of four presale consent agreements were approved, covering 2,998 units. This represents a decrease of 1,604 units or 34.9 percent from that of July when 4,602 units were approved.

Lohas Park Phase 12A and 12B, above the Lohas Park MTR station in Tseung Kwan O, are the result of a joint development between Wheelock Properties and MTR Corporation (0066). They will contribute a combined total of 1,335 residential units, with 650 units in Phase 12A and 685 units in Phase 12B.

In respect of the Subsidized Sales Flats Project at 21 On Yu Road, Kwun Tong, under the Hong Kong Housing Society, and the third tower of the eResidence, a Starter Homes Pilot Project for Hong Kong residents in To Kwa Wan under the Urban Renewal Authority, they both have obtained presale consents. These projects will offer 1,403 units and 260 units respectively.

The department also received last month applications regarding three projects including two by Early Light International, involving a total of 1,361 units.

Meanwhile, 18 units of The Harmonie, a project co-developed by Henderson Lands (0012) and the URA in Cheung Sha Wan will be put on the market next Tuesday for an average price of HK$17,470 a square foot after discounts. The sole three-bedroom apartment in this batch, of 769 sq ft in space, has seen its price drop from HK$15 million one and a half years ago to HK$11.3 million today.

In a separate development, a Taiwanese beverage maker has rented a 560-sq-ft shop at 33 Argyle Street in Mong Kok for HK$52,000 per month, or HK$93 per sq ft.

(The Standard)

 

Hong Kong wealthy families, funds among likely bidders in distress sale of defaulter Golden Wheel’s retail building in Tin Hau

Golden Wheel’s Tin Hau property is likely to sell for a price much lower than the original HK$1.25 billion demanded by its owner a year ago

The property is just one of the handful of assets seized by creditors as the owners have been unable to meet debt obligations

Hong Kong’s property market remains stressed with the potential distress sale of a retail building providing further evidence of the weak demand in the sector. The property which is located in Tin Hau is in creditor possession and is now likely to sell for a price much lower than the original HK$1.25 billion (US$160 million) that its owner, Golden Wheel Tiandi Holdings, was asking about a year ago, according to market sources.

The sale of the 25-story Golden Wheel Plaza on 68 Electric Road in a district known for its local cuisine and food stalls has drawn interest from “investors including funds and high-net-worth local families looking for a trophy asset”.

“All I can say is that this is a receivers’ sale of asset, so as long as the receivers accept an offer made, it will push through,” said the analyst. “The owner tried to sell the property a year ago but did not find any buyer for the asking price. But this time it is different.”

The property is just one of a handful of assets seized by creditors as the owners have been unable to meet their debt obligations.

China Evergrande Group’s Hong Kong headquarters building, a 27-story tower in Wan Chai, is yet to find a buyer. Creditors put the building on the market a year ago to recover their dues as the world’s most indebted developer struggled to restructure its US$300 billion liabilities.

In January, the former headquarters of embattled Goldin Financial Holdings was bought by PAG and Singapore-backed Mapletree Investment for a significant discount of HK$5.6 billion, according to PAG.

The site of the Golden Wheel Plaza building was bought for about HK$800 million and the construction cost of the building, which was completed in 2020, was about HK$200 million, according to a source.

Currently, the building, which has a gross floor area of 51,971 sq feet, is 60 per cent occupied with personal-care retailer Mannings and some food-and-beverage shops on the ground floor, the source said.

Rents paid by tenants on the ground floor are estimated to be as high as HK$120 per square foot, while those on the higher floors are estimated to be about HK$50 per square foot.

“The occupancy is a bit low but it is likely to improve once the building is managed better,” the source said.

A property agent said “the building has a lot of value. “It has good restaurants as tenants, including one that has a Michelin star, and it has a good sea view and is surrounded by more restaurants and hotels. It’s a destination area.”

An international property agency has been appointed by receivers to conduct the public sale by tender that is set to close on October 31 at noon.

The property is located close to the Tin Hau MTR Station and Victoria Park and not far from the bustling shopping district of Causeway Bay. The property includes a car park and is near a taxi rank.

“Investors may seize this opportunity to purchase the property while the global market is still in the recovery phase,” the agent said. “When the global economy fully rebounds, stable rental income and property appreciation can be expected.”

Debt-stricken Golden Wheel, the Nanjing-based developer of the property, reported a higher loss in the six months ended June. Its net loss widened by 44 per cent to 518.9 million yuan from 360 million yuan a year ago, and the company continues to battle with negative working capital as its current liabilities are far in excess of current assets.

The developer defaulted on a US$40 million loan in October last year, which triggered cross-defaults on its HK$304.135 million and 3.377 billion yuan loans.

Golden Wheel said it was taking steps to restructure its debts and raise funding.

(South China Morning Post)

 

中環盈置大廈巨舖每月55萬 丟空3年終租出租金較疫市前跌38%

核心區巨舖受追捧,中環盈置大廈一個複式巨舖,面積約6000方呎,自從運動用品旗艦店撤出,舖位在丟空3年後,終以每月55萬租出,平均呎租93元,較3年前舊租金下跌38%。

上址為中環干諾道中41號盈置大廈地舖及1樓,建築面積約5942方呎,舖面向干諾道中及域多利皇后街大單邊。

平均呎租93

市場消息透露,自從開關以來,業主以每月65萬放租,近日成功租出,月租55萬,較意向租金減10萬,暫未知新租客所屬行業,惟並非時裝,亦不是飲食業。

租金較高峰期跌66%

該巨舖舊租客運動用品連鎖店NIKE,10年前,NIKE將旗艦店由區內皇后大道中的萬年大廈巨舖,搬遷至該盈置大廈巨舖,其時正值舖市高峰期,租金高企,該巨舖月租高達160萬,及後於疫市前續租時,月租減至90萬,2020年8月,NIKE敵不過疫市只好撤出,舖位亦一直丟空,業主亦大幅減價放租,曾一度叫價50萬,在市況低迷時仍乏人問津。

直至今年通關後,該舖位開始受注目,業主亦將叫租提高至65萬,今番終獲承租,最新租金較當時跌38%,相對高峰期更下跌66%,卻高於市況最低潮時的意向價。

近期區內巨舖承租,包括中環皇后大道中36號興瑋大廈2及3樓,建築面積共約8500方呎,由威士忌品牌麥卡倫以每月約50萬承租,平均呎租約60元,在此設立旗艦店,上址位處中環核心地段,是皇后大道中通往蘭桂坊必經之路,該品牌選址於此,可網羅中環上班一族、蘭桂坊常客及旅客。

麥卡倫承租九龍灣國際交易中心單位多時,面積約1.2萬方呎,市值呎租約20餘元,早前租用金鐘太古廣場二座中層全層,面積約2萬方呎,市值呎租約100元,現時由東九龍升級至核心區,開設旗艦店。

(星島日報)

更多盈置大廈寫字樓出租樓盤資訊請參閱:盈置大廈寫字樓出租

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更多興瑋大廈寫字樓出租樓盤資訊請參閱:興瑋大廈寫字樓出租

更多中環區甲級寫字樓出租樓盤資訊請參閱:中環區甲級寫字樓出租

更多太古廣場寫字樓出租樓盤資訊請參閱:太古廣場寫字樓出租

更多金鐘區甲級寫字樓出租樓盤資訊請參閱:金鐘區甲級寫字樓出租

更多國際交易中心寫字樓出租樓盤資訊請參閱:國際交易中心寫字樓出租

更多九龍灣區甲級寫字樓出租樓盤資訊請參閱:九龍灣區甲級寫字樓出租

 

工商舖錄351宗註冊 代理行:按月升18.2%

有本地代理行綜合土地註冊處資料顯示,8月份工商舖註冊量共錄351宗,按月升約18.2%,金額錄38.76億,按月增約27.7%。當中工商舖三板塊的註冊宗數按月錄全線上升,商舖註冊量升幅最大,8月共錄106宗登記,按月升約35.9%,其次為商廈板塊,最新60宗註冊,按月增約22.4%。工廈維持平穩,8月錄185宗登記,按月升約8.8%。

中高價物業交投大增

若按金額劃分,8月份註冊量升幅最多的為價值5,000萬以上至1億物業,共錄10宗註冊,按月升150%。其次為價值2000萬以上至5000萬物業,最新錄25宗,按月增約38.9%。中細價物業註冊量維持平穩,500萬或以下最新錄189宗,按月升約8.0%。至於介乎500萬以上至1000萬物業,登記量則錄72宗,按月升約26.3%。

8月份錄4宗逾億元註冊成交,其中1宗為商廈,尖沙咀柯士甸路28號新港國際大廈全幢以1.38億成交。商舖錄3宗登記,包括鰂魚涌英皇道983至987A號瑞士樓多個舖位、荃灣荃威花園1期地下及2樓商場部分,以及西營盤皇后大道西476至482號永興樓地下多個舖位,作價分別2.49億、1.7億及1.15億。

該行代理表示,雖然8月份工商舖註冊量略見回升,但由於市場上欠缺新盤推售,加上經濟仍未恢復到疫情前水平,相信短期內註冊量將在目前水平徘徊。

(星島日報)

 

西營盤舊樓批強拍底價2.54億

市區住宅地皮供應有限,財團紛紛透過併購舊樓以增加土儲。其中,西營盤時利樓獲土地審裁處批出強拍令,底價2.54億,較2021年申請強拍時的市場估值逾1.8億,高出逾41%。

市場估值逾1.8

土地審裁處資料顯示,位於西營盤荔安里1、3、5號,以及朝光街21、22、23、24號的時利樓,直至判決時,財團收購約82.857%業權,尚餘7個單位未收購,而餘下未收購的7個單位中,有4個由九建執行董事柯沛鈞持有。

上述項目地盤面積約2977方呎,現址為1幢樓高7層的商住物業,地下及地庫設有商舖,2樓至5樓為住宅部分,物業於1971年落成,樓齡52年。

事實上,市區地皮供應不足,特別是港島區,因此發展商頻向舊樓埋手,例如由恒基及太古地產合作收購的英皇道及濱海街一系列舊樓,早前獲土地審裁處批出強拍令,底價高達63.1億,創本港有史以來最高的強拍底價紀錄,將於本月19日正式拍賣。

(星島日報)

 

商廈租金倒退至哪一年?

差估署數據顯示,今年7月整體商廈租金指數227點,大概回到2015年年中水平。

翻查差餉物業估價署數據,今年上半年繼續有商廈樓面入伙,總數約有近48萬平方呎樓面落成,其中超過43萬平方呎是甲級商廈,而預計今年全年約有287萬平方呎樓面落成,甲級佔270萬平方呎。

商廈市況疲弱,幾乎可以說是席捲全球,澳洲房地產委員會 (PCA) 8月發表最新研究數據,顯示澳洲今年上半年的寫字樓空置率升至90年代以來最高。由於新冠疫情以來在家工作情況普遍,加上經濟放緩,對寫字樓物業經營造成壓力。

大多數大企業總部所在的大城市,空置率大部分都超過1成,悉尼為11.5%,墨爾本15%,珀斯15.9%。另外,有外資代理行報告顯示,今年第二季加拿大全國寫字樓空置率升至18.1%,高於第一季的17.7%,是自1994年第一季18.6%以來的最高水平。

如果要比空置率的高低,內地城市情況更嚴峻,另一外資代理行早前公布的數據顯示,第二季度上海甲級寫字樓淨吸納量錄得33萬平方呎,環同比分別下滑77.5%、59.9%。在淨吸納量大幅下跌的情況下,上海甲級寫字樓整體空置率攀升至18.59%,環比上升1.28%。

北京今年第二季寫字樓空置率升至18.3%,創下近13年新高,租金則倒退到2012年的水平。財經網引用三間外資代理行數據指,第二季度,北京寫字樓的淨吸納量為負57萬平方呎,租戶不斷流失。

作為北京高新科技企業集中地的中關村,寫字樓空置率達到了16.9%,創了近10年高位,其平均租金跌幅更大,按季下跌了7.6%。有受訪附近居民提到,在2020年前後,中關村附近的寫字樓到晚上9時依舊燈火通明,叫車軟件上排隊都得20分鐘起跳。現在的晚上,幾乎再沒有整片亮起燈光的大樓。

各一綫城市的寫字樓各面臨着不同程度出租困境,上半年,上海、廣州、深圳的甲級寫字樓空置率分別升至18.6%、18%及24.5%。至於香港,據其中一間代理行的最新統計,整體甲廈空置率為15.7%,中環甲級商廈是9.9%,中環超甲級商廈是7.4%。官方數據差餉物業估價署數據,2022年整體空置14.4%,甲廈15.1%,乙廈15.1%,丙級是8.8%。至於上文提到北京商廈租金回到2012年,香港又如何?

7月租金指數 回到2015年中

同為差估署數字,今年7月整體商廈租金指數227點,大概回到2015年年中水平;甲級商廈的租金指數是227.8點,大概回落至2015年初的水平;乙級大概跌至2015年年中,丙級則回落至2017年上半年。

有關內地商廈報道,提到其中一間外代理代理為內地商廈作出比喻,「這就像疫情三年,辦公樓市場生了一場病。本以為今年第二季度已經完全康復可以跑馬拉松了,但走到小區門口發現身體還是不舒服,只能先回來。」香港同樣是大病一場,調理需時!

(經濟日報)