疫市下大手买卖畅旺，九龙湾高银金融国际中心早前招标，经过第二轮角逐后，终于落实出售，市场消息指作价逾65亿，成为今年以来暂录最大宗买卖，平均呎价7800元，低市价逾25%，可见买家趁疫市「低捞」。
九龙湾高银金融国际中心放售多时，去年曾经「成功」出售，最后未如期成交，该幢商厦于今年5月再度推出招标，入标除了发展商、还有外资基金及用家，并于上月底第二轮角逐截标后，最终刚落实出售 市场消息指出，该全幢作价逾65亿，为今年以来最大宗买卖，该宗交易亦是去年由亿京合组财团，以约105亿购入九龙湾国际展贸中心后，区内再录瞩目的大买卖。
每呎约7800元低25%
市场人士分析，若以该厦总楼面82.5万方呎计算，平均呎价逾7800元，九龙湾甲厦成交呎价普遍由约1万至逾1.2万，相比之下，高银金融国际中心较最低呎价低约25%，可见买家趁疫市「低捞」，该厦现时出租率约60%，呎租介乎27至33元，回报逾4厘。
高银于2011年7月以34亿投得该商业地皮，并于2016年入伙，作为集团总部及收租用途，近两年来，高银金融陷入财困，曾多次抵押该厦，包括新加坡主权基金GIC、德意志银行及发展商南丰，都是债权人，于2020年7月遭优先抵押票据持有人 (GIC及德意志银行) 委任的接管人Borrelli Walsh入稟，要求接管高银金融国际中心，并于同年9月，物业被接管人委託标售，其后高银金融公布以143亿向商人FONG Tim出售物业，但未有如期成交。
直至本年5月，物业再由接管人委託测量师行标售，当时，负责招标的测量师行曾指，物业相关法律争议已获裁决，故成功出售机会甚高。
连约回报逾4厘
有代理形容，买家趁疫市下「买得抵」，高银金融国际中心写字楼平均呎租约30元，回报甚高，该厦位处单边，建筑具特色，里外都特别阔落，况且，九龙湾商厦租户都是大公司，在此设立后勤部门，区内规划佳，街道不塞车，未来发展潜力看高一綫。
(星岛日报)
更多高银金融国际中心出租楼盘资讯请参阅：高银金融国际中心出租
更多九龙湾国际展贸中心写字楼出租楼盘资讯请参阅：九龙湾国际展贸中心写字楼出租
更多九龙湾区甲级写字楼出租楼盘资讯请参阅：九龙湾区甲级写字楼出租
观塘项目料获城规「开绿灯」 市建申请放宽商业限制具弹性
市建局观塘市中心重建计画第4和第5发展区，本月初共收24份意向书，料快将推出招标；该项目早前向城规会提交修订申请，调整酒店、写字楼及商业零售组合比例，增加项目发展弹性，容许中标发展商视乎需要「变阵」，包括可放弃兴建酒店等，惟整个项目可建总楼面维持约216.59万方呎不变，最新获规划署不反对，城规会将于周五 (23日) 举行会议审议，料会「开绿灯」通过。
规划署指，考虑到相关决策局 / 部门的意见，以及区内现有及规划中的酒店可满足需求，而容许灵活提供酒店的建议未必不合理，而且规划意图是增强活力和改善重建区环境；另外拟议修订属于技术性，并且批准方案下的布局和整体建筑体积和建筑形式将被保留，认为是次方案不太可能对视觉和空气通风造成重大不利影响。
昨获规划署不反对
上述观塘市中心主地盘第4及第5发展区项目位于新盘凯滙对出，毗邻港铁观塘站，地盘面积约26.5万方呎，包括约26.25万方呎政府土地。以地积比8.17倍发展，兴建2幢楼高13至64层、另有5层地库的综合商业大楼，可建总楼面约216.59万方呎；商业用途分布相当有弹性，最大修订为酒店部分由指定兴建约34万方呎，修订为不设楼面面积下限至最多34.44万方呎，意味中标财团可选择不兴建酒店或最多提供400间酒店客房。
月初已收24份意向书
其次，写字楼部分由列明须兴建约70万方呎楼面，最新修订为70.89万方呎至137.37万方呎。最后商业用途楼面 (商店及服务行业、食肆、娱乐场所及教育机构)，零售部分由原来指定须兴建约100万方呎楼面，最新修订为69.97万方呎至102万方呎。另项目亦设有约7.08万方呎政府、机构或社区设施楼面，及提供约2.18万方呎的公共交通交汇处。
资料显示，该项目已于本月7日截收意向书，当时共收约24份意向书，据了解，已知有递交意向书的财团包括长实、新地、恒基、信和、会德丰地产、鹰君、华懋、远东发展及中国海外。
可放弃兴建酒店
整个观塘重建项目早于2005年展开，项目第1期为前观塘 (月华街) 巴士总站，由信和重建为住宅项目观月．樺峯，涉299伙；而第2至3期则为信和伙拍华人置业发展的商住项目凯滙，涉及1999伙。
另外，在商业气氛不景气下，早前啟德多幅商业地均流标收场，城规会将啟德区5幅商业地改划发展，有3幅成功改划作住宅发展，惟跑道区4C区4号及4C区5号两幅商业地，则未能通过改划发展，合共可提供147.54万方呎商业楼面。
(星岛日报)
Hong Kong’s Goldin Financial Global Centre has sold after a two year struggle over the Kowloon East office tower.
A social media post by a property consultancy, which has been managing a tender of the 28-storey building on behalf of creditors stiffed by defaulting mainland conglomerate Goldin Financial declared the sale on Wednesday evening without providing details on pricing or the identity of the buyer.
Local press reports have cited deal amounts of between HK$6.8 billion ($866 million) to HK$7.0 billion for the 852,501 square foot (79,200 square metre) tower, pricing the deal at HK$7,977 per square foot or more. Mingtiandi was not able to independently verify financial details of the transaction.
At the reported HK$6.8 billion price, which some analysts believe to be optimistic, the 2016-vintage, grade A asset would be selling for around 44 percent below the HK$12 billion minimum set in an initial tender commenced in September 2020 after the property was seized by receivers in July of that year.
In December of 2019 Goldin Financial had valued the Leed Platinum building then used as its headquarters at HK$18.3 billion.
Game Over
At the reported price, the sale should provide relief to holders of HK$6.8 billion in senior notes issued by Goldin in April of 2019 and with Deutsche Bank affiliate DB Trustees (Hong Kong) Ltd acting as trustee.
After a series of record-setting land buys in Hong Kong, Goldin defaulted on the notes, which were backed by a trust deed on the Goldin Financial Global Centre, and receivers were appointed to redeem the asset.
In late 2020, in a move seen by some observers as an attempt to block the receivers’ tender of the building, Goldin announced that a businessman under the name “Fong Tim” had agreed to buy the building at 17 Kai Cheung Road in Kowloon Bay, stalling moves by creditors. When that sale failed to proceed, and after a protracted legal battle was declared void, the purported buyer was forced to forfeit a HK$2.03 billion deposit.
A fresh tender for the building was launched in May, with media reports earlier this month naming local development giant Nan Fung as the buyer. Representatives of the property consultancy earlier denied naming Nan Fung as the buyer and today declined to provide further details on the sale. Inquiries to Nan Fung went unanswered at the time of publication.
Down Market
At the reported price, the sale of the Goldin Financial Global Centre would mark the largest single asset transaction in Hong Kong’s real estate market so far this year, as rising interest rates and an economic slowdown in China have undermined the world’s most expensive commercial real estate market.
Reported to be 30 percent vacant in May of this year, Goldin’s erstwhile trophy has struggled as a high-specification building in a secondary location within the emerging Kowloon East commercial hub at a time when occupiers have been cutting back their footprints and investors have been keeping their checkbooks locked away.
From March 2019 through March 2022 Hong Kong’s grade A office market contracted by 3.1 percent according to a report released this month by another property consultancy, with the total area of desk space occupied in the city shrinking by 2.3 million square feet, or the equivalent of three major office towers.
“Since mid-2019, company downsizing has been a prominent trend and led to substantial contraction in total occupied space and record-high vacancy in Hong Kong’s Grade A office market, triggering the longest and deepest downturn as a result,” the consultancy said in a statement.
(Mingtiandi)
For more information of Office for Lease at Goldin Financial Global Centre please visit: Office for Lease at Goldin Financial Global Centre
For more information of Grade A Office for Lease in Kowloon Bay please visit: Grade A Office for Lease in Kowloon Bay
Three big deals for handsome homes struck
A member of "King of Jeans" Tony Lau Hon-chung's family appears to be the new owner of a highly desirable house on The Peak.
The property is 3B of Gough Hill Residences with an area of 4,299 square feet, which was put up for sale by Kimbee Lau Chan Hoi-wan, the chief executive of Chinese Estates (0127) and wife of Joseph Lau Luen-hung. Featuring a garden and swimming pool of 5,314 sq ft and a rooftop of 1,717 sq ft, the house was put on sale for HK$600 million, or HK$14,000 per square foot, in October 2021.
It had been bought for HK$180 million in 2009 by an overseas registered company, Active City.
According to the Hongkong and Shanghai Banking Corporation, a mortgage loan for the house was sought by Anthony Lau Chi-sing.
Anthony Lau is also the sole board director of Active City now that Joseph Lau and Kimbee Lau have quit.
Tony Lau is also the brother of former legislator Sophie Leung Lau Yau-fun, who purchased a house at 16 Repulse Bay Road for HK$160 million in 1999 from Chinese Estates, in which Joseph Lau and his wife have controlling interests.
Meanwhile, Hong Kong celebrity Wong Cho-lam has sold a luxury home in Tai Po for HK$45.8 million, or HK$27,005 per sq ft.
The four-bedroom unit in Mayfair By The Sea has a floor area of 1,696 sq ft and a garden of 928 sq ft.
Wong made 23 percent more from the deal, having bought the property for just over HK$37 million in 2016.
Another big deal involves the family of Yeung Yiu-chung, the late "King of Industrial Buildings," who last month bought a home at Leighton Hill, Happy Valley for HK$102 million, or HK$59,165 per square foot.
The Yeung family paid HK$30.6 million with 30 percent stamp duty for the property that has a floor area of 1,724 sq ft.
Meanwhile, the primary market remains hot with developers attracting buyers to two new projects.
The second phase of One Innovale, built by Henderson Land Development (0012) in Fan Ling, has drawn more than 2,200 checks for 193 units on the first three price lists, making the batch 11.4 times oversubscribed.
And Wetland Seasons Bay in Tin Shui Wai was about 23 times oversubscribed after developer Sun Hung Kai Properties (0016) received 1,870 checks for the 80 flats on offer.
(The Standard)
4,500 flats to go on sale at less than half market value under Hong Kong housing scheme, amid fears nano units will not sell
Chairwoman of authority’s subsidised housing committee remains hopeful shoebox flats will sell, others are less optimistic
Around 10 per cent of units on sale are shoebox flats, smaller than 230 sq ft
More than 4,500 subsidised flats in Hong Kong will be offered to buyers at less than half their market value next week, but a concern group has warned that demand for the smallest homes is expected to be weak.
The Housing Authority on Wednesday said 4,693 flats, ranging in size from 184 sq ft to 489 sq ft would go on sale under the Green Form Subsidised Home Ownership Scheme starting on September 29. About 10 per cent of the flats are smaller than 230 sq ft.
Cleresa Wong Pie-yue, chairwoman of the authority’s subsidised housing committee, said the proportion of small flats in the latest round had been reduced and she remained hopeful buyers would be interested.
“I cannot say there is a zero chance of a sales slump, but these small flats are of better quality, with easy access to railway stations nearby,” she said.
“Despite an increase in interest rates, these flats are cheaper … even though the economy is not booming, some residents will still be interested.”
The flats will be sold at a 59 per cent discount on the market price, and range in price from HK$750,000 (US$95,000) to HK$2.71 million. The application process will run until October 12, with the lottery to be held in the fourth quarter.
Subsidised nano flats sold slowly previously. More than 780 offered by authority previously went unsold for more than a month last year, with over 500 of them left over from 2020.
According to the authority, 160 homes at Kam Pak Court in Ma On Shan measure about 184 sq ft, while 387 at Ko Wang Court in Yau Tong range from 185 sq ft to 223 sq ft. The rest of the 3,370 units at the two estates and the 776 flats at Ching Tao Court in Fanling fall between 277 sq ft and 489 sq ft.
But Thomas Wong Ka-ki, community officer with the Federation of Public Housing Estates, said he was less optimistic that demand for the shoebox flats would be high.
“These two estates have flats under 180 sq ft. I believe that the applicants will find them less attractive. The advantage is that they are located closer to railway stations so single applicants may be willing to purchase them … I think these flats will take time to be sold out,” Wong said.
He added that buyers’ enthusiasm might not be affected by the sluggish property market as they tended to purchase flats for self-use.
But Wong noted that buyers could only resell their flats five years after the purchase, a tightened requirement from the previous two years, saying this could make them more cautious in making decisions.
He urged the government to review the subsidised housing policy by setting a minimum flat size requirement of 280 sq ft, resembling the rule for the private market, while keeping the proportion of small flats to about one-fifth of the total supply in each batch.
“If these subsidised flats are small in size, applicants with three to four members will not be willing to move out of their rental housing and purchase them,” Wong said.
Launched in 2016, the scheme aims to sell subsidised homes to tenants of public rental housing.
(South China Morning Post)