新世界併购的尖沙嘴汉口大厦，新获土地审裁处批出强拍令，底价为21.34亿，最新拥有业权逾98%业权，较2019年申请强拍时大为增加，只餘下2个住宅单位尚未收购。

新世界早于19年5月申请强拍时，当时持有业权为88.6%业权，包括铺位及多个住宅未收购，涉及被申请强拍的答辩一方多达14名，其中亦包括1个地铺，由兆安地产李应流等持有，现时估值约3224万，当时市场就所持有88.6%业权，估值约9.55亿。

尚餘2伙未收购

随后于过去数年来，新世界相继收购该厦铺位及住宅，最新已拥有逾98.2456%业权，只餘下两个住宅单位未收购，最新就持有的业权，获批出底价21.34亿。

该2个尚未收购的住宅单位为2楼E室 (559方呎) 及8楼F室 (473方呎)，以物业现状估值，分别为705.5万及624.8万，发展商于2019年3月至2022年7月期间，曾四度向餘下2个单位进行收购，最初出价1457万及1245.5万，唯1年后降价至1280万及1090万，减幅约12%。及在2022年7月，出价再次提升至1660万及1480万，即较最初出价高出14%及19%。

曾出价1660万及1480万

汉口大厦位于尖沙嘴汉口道43至49A号，现址为11层高商住楼，项目地盘面积约11565方呎，土地现规划为商业用途，若以地积比率12.2倍发展，可重建为1幢24层高、设有3层地库的商厦，总楼面约14.1万方呎，每呎楼面地价约1.5万。

项目将重建商厦

新世界于尖沙嘴持有不少地标项目，最大型为旗下Victoria Dockside，提供商场及商厦，项目总楼面面积达300万方呎，商场部分K11 MUSEA提供115.7万方呎零售楼面。

2伙尚未收购单位，2楼E室 (559方呎) 及8楼F室 (473方呎)，最高获出价1660万及1480万。

(星岛日报)

佳明1.9亿购堡垒街银主地盘

北角堡垒街66号及建华街57号银主地盘，上月初以1.9亿成交，每方呎楼面地价仅约5735元，据悉，买家为佳明集团及有关人士。

上述住宅地盘位于北角堡垒街及建华街交界，地盘面积为3248方呎，以住宅商业项目地积比约10.2倍发展，可建总楼面约33130方呎。

翻查资料显示，上述地盘早前由金朝阳持有，该集团于2018年公布，以约4.67亿售予一家海外註册公司，故该项目最新成交价对比5年前低出约2.77亿，帐面贬值59.3%。

(星岛日报)

TST site approved for $2.13B compulsory sale

A site in Tsim Sha Tsui was approved by the Lands Tribunal for compulsory sale with a reserve price of HK$2.13 billion.

On the site is currently an 11-story building, Hankow Apartments, which was completed in 1959 and has a site area of about 11,565 square feet. There are commercial shops on the ground floor and the first to tenth floors are for residential use.

New World Development (0017) and other partners purchased the property and applied for a compulsory sale in 2019.

The sold ownership of Hankow Apartments has risen to over 98.24 percent, with only two units left.

The property could be redeveloped into a 24-story commercial building with a three-story basement, based on a plot ratio of about 12.2 times. With a gross floor area of about 141,000 sq ft, the rebuilt property could be valued at HK$15,000 per sq ft.

Elsewhere, a property in North Point was sold by tender for HK$190 million last month, with the price per sq ft of floor area at only HK$5,735. This deal was made about 60 percent lower than a purchase of around HK$468 million four years ago.

Previously held by Irene Au Chung-yee, daughter of Hong Kong philanthropist Au Shue Hung, the property was foreclosed last August and was later purchased by Grand Ming (1271).

The mentioned property involves a site on Fort Street and another on Kin Wah Street, with only a narrow lane in between them.

With a total site area of 3,248 sq ft, the property could be rebuilt into a residential project of 33,130 sq ft in gross floor area on the highest plot ratio of 10.2 times. But it is still uncertain whether two sites could be consolidated.

The deal comes as land prices on the Island continue to fall. A site in Kennedy Town, for example, was sold for HK$439 million last December – HK$9,500 per sq ft of floor area. The price was around 10 percent lower than the bottom range of market valuations and also marked a new eight-year low for land sales on the Island.

Meanwhile, China Resources Land (1109) agreed to pay HK$13.7 billion as premium for a Cheung Sha Wan site, the second highest ever paid for the area.

The premium per floor area amounted to HK$8,692 per sq ft, with the 1.58 million sq ft of gross floor area.

Known as Yuen Fat Godown, the site is held by a joint venture set up by China Resources and China Overseas Land (Overseas).

(The Standard)

Sino Land's five projects will offer 3,000 homes

Sino Land (0083) has joined other developers to announce its sales plans this year, saying it aims to launch five new projects offering over 3,000 homes.

The projects are Villa Garda III in Tseung Kwan O with 664 flats, Grand Mayfair III in Yuen Long with 680 flats, One Central Place in Central with 121 flats, The Southside Phase 4 in upper Wong Chuk Hang MTR station with 800 flats and the Yau Tong Ventilation Building development with 792 flats.

Meanwhile, St George's Mansions, a luxury project co-developed by Sino Land and CLP Holdings (0002), notched up two deals with a family of mainland spinning producers paying HK$190.5 million for two duplex flats.

Victor Tin Sio-un, an executive director at Sino Land, said the group sold another 55 flats in January, cashing in nearly HK$1.9 billion.

Meanwhile, Mount Regalia in Sha Tin, jointly developed by Paliburg Holdings (0617) and Regal Hotels International (0078), saw its first transaction in the Year of the Rabbit when detached house No 25 with an area of 2,576 square feet was sold for HK$68.04 million or HK$26,413 per sq ft via tender.

Separately, a property agency put the number of potential homes at 105,000 but said supply has not caught up with demand, and it would take more than three years to reach a balance between supply and demand. The agency expects prices to rebound by 8 percent this year and said it will recruit 300 new agents into its fold.

In other news, the number of mortgages for presale homes in January slumped 66 percent year-on-year to 209, while loans for completed homes tumbled over 50 percent to 5,924, according to data from a mortgage brokage service porivder and the Land Registry.