荃湾逾10工厦重建 增340万呎工商楼面

位于荃湾的柴湾角工业区旧式工厦林立，受惠于政府推动工厦活化2.0，加快区内重建及转型，区内目前至少10个工厦重建计划，合共提供多逾340万平方呎的工商业楼面供应。

荃湾属于第一代的卫星城市，除了大量住宅发展外，亦发展出柴湾角及大窝口两个工业区，当中位于荃湾西面的柴湾角工业区佔地达117.4万平方呎，在上世纪60、70年代以纱厂、纺织厂等轻工业为主，设有南丰纱厂、中央纱厂等大型纱厂。

改划用途增地积比 加快转型

近年政府有见区内具有转型的潜力，故此将整区改划成「其他指定用途(商贸)」，再加上政府推出工厦活化政策2.0后，提供额外2成地积比率，加快区内的工厦重建步伐。目前区内至少有10个工厦重建计划，预计未来能提供约340万平方呎的工商业楼面供应，推动该区转型成为新的商贸区。

理想集团广场 改建新型工厦

除了大型工厦外，区内中小型财团近期亦参与重建，当中理想集团旗下荃湾白田坝街46至48号理想集团广场，申请把地积比率上限放宽两成至11.4倍，以便重建为1幢22层高的新型工厦，总楼面面积约8.9万平方呎。

区内近年亦有不少大型重建项目，当中坐落半山街及沙咀道交界的中央纱厂1至5号厂房，麦格理嘉民亚洲基金在2012年以约9.45亿元购入，该财团及后亦併购比邻的沙咀道工厦，并进行拆卸重建。

当中，中央纱厂1厂部分的5万平方呎地盘，申请重建作「非污染工业发展」，总楼面约57万平方呎，而其餘第2至5号厂房的原址合共约7万平方呎的地盘，市场估计，发展商之后亦会提出重建申请，若果同样以地积比率11.4倍发展，将可提供接近80万平方呎楼面。

另外，亿京在2017年底亦以约21.6亿元购入荃湾青山公路503至515号的永南货仓大厦，该工厦佔地约5.08万平方呎，发展商可补地价后，以地积比率12倍重建成商厦，可建楼面约60.96万平方呎。

至于半山街18至20号庆丰印染厂，金朝阳 (00878) 则申请重建成25层高新型工厦，提供约28.5万平方呎楼面，旁边的通利琴行货仓，业主也提出重建成银座式商厦，提供写字楼、食肆及零售商店服务等用途。随着多个大型工厦陆续落实重建，柴湾角工业区的面貌将会焕然一新。

(经济日报)

西营盘商住楼叫价6.1亿

土地需求殷切，部分业主亦趁势放售旗下物业，西营盘德星里商住物业，地盘面积约4338方呎，现为5幢住宅大厦，作价6.1亿放售。

代理表示，上述为西营盘德星里1至7号，地盘面积约4338.9方呎，以约6.1亿放售。

地盘面积约4338呎

该代理续指出，物业现为5幢相连住宅大厦，可重建作商住项目或服务式公寓，地契达999年期，住宅部分地积比率为8倍，非住宅则为15倍。

该代理续称，该项目地理位置不俗，周边商厦、商铺及住宅林立，人流量理想，交通配套方面，物业邻近区内港铁站，附近亦有多条巴士、小巴、电车綫。

该代理称，西区一带有不少新落成的住宅项目，例如艺里坊1号、星钻、縉城峰及薈臻等，周边规划发展理想，是次放售物业属市场罕有供应，地盘面积具规模，适合商住规划发展，对发展商及投资者均具吸引力。

(星岛日报)

上环信德中心呎价2.6万低10%重返四年前水平投资者承接

市场观望气氛瀰漫，拖累甲厦造价持续下滑。消息指，上环信德中心招商局大厦中低层单位，每呎造价约2.6万，低市价10%，造价重返四年前水平，买家为投资者，回报约2.5厘。

市场消息透露，上址为信德中心东翼招商局大厦中低层7室，面积约1669方呎，作价约4339.4万易手，呎价约2.6万，据代理指，该单位层数高于10楼，望四季酒店及开扬海景，属优质单位，成交价低市价约10%，现址以每呎55元获中资贸易公司租用，月租逾9.1万，租约到明年底，买家享回报约2.5厘。

成交价4339万

土地註册处资料显示，最新成交的中低层7室，原业主于2004年以782.36万购入，持货16年，帐面获利3557万，期间升值约4.5倍。

该厦最近期成交，为去年10月份，投资者连购单位，包括中低层13室，以2618万易手，平均呎价约24768元，同层12室，面积1057方呎，以2854万成交，平均呎价约2.7万。代理指出，上述12及13室望城市及街道景观，未及海景户优质，当时造价为重返两年前水平。因此，最新单位造价更低。

美国银行中心每呎56元租出

市场消息指出，湾仔会展广场办公大楼高层01至09室，面积约12778方呎，以每呎43元租出，月租逾54.9万；同区修顿商业大厦中层单位，面积约950方呎，以每呎36.8元租出，月租约3.49万。

中环美国银行中心甲厦低层20室，面积约674方呎，以每呎56元租出，月租逾3.77万；上环中远大厦中层05室，面积约1290方呎，以每呎56元租出。

电影发行商租西环巨铺

有代理称，金鐘力宝中心中层单位，面积约3341方呎，意向月租18万，意向呎租约54元。陈国基指出，该单位早前呎租约60元，月租约20万，意向租金调整约10%。

著名电影发行商Golden Scene将于西环开设电影院，土地註册处资料显示，承租坚尼地城北街海怡花园3座地铺连1楼，以每月46万租出，租约由去年11月1日至2023年10月31日，并有3年续约期。市场消息指，该戏院类似油麻地百老汇电影中心，主要放映文化及小眾的电影院。

(星岛日报)

Carmel buyer walks from $1.5m deposit

A prospective buyer of a duplex apartment at The Carmel, Tuen Mun, developed by Wing Tai Properties (0369), forfeited a deposit of HK$1.46 million after canceling the transaction.

The 1,418-square-foot unit sold for HK$29.21 million, or HK$20,599 per sq ft last week, which would have been the highest for the project.

Meanwhile, the developer recorded another forfeit of around HK$336,450 after the buyer of a 450-sq-ft flat at Oma Oma canceled the deal.

Elsewhere, luxury project Grand Homm in Ho Man Tin, under Goldin Group, sold five units by tenders at HK$30,000 per sq ft on average. Separately, a 1,403-sq-ft unit sold for HK$39.34 million, or HK$28,039 per sq ft, the lowest for the project so far. And Ocean Marini in Tseung Kwan O, developed by Wheelock and Company (0020) will launch 101 units this Sunday but will limit visiting groups to three only, to meet the social distance restrictions by the government.

In the secondary market, 97.5 percent of homeowners gained after selling their units in the first quarter, with an average return of 74.5 percent for each deal, the lowest in 15 quarters and 12 quarters, respectively, data from the Land Registry and property agency showed.

An 897-sq-ft flat at benchmark project Tai Koo Shing in Quarry Bay changed hands for HK$17.29 million, or HK$19,273 per sq ft after 4 percent was cut from the initial asking price.

In other news, Edwin Lee Kan-hing, founder of Bridgeway Prime Shop Fund Management, predicts the local shop market will face the hardest time with bankruptcies during June and July.

(The Standard)

Bids for Hong Kong’s land tenders may come in with 20 per cent discounts, foretelling more woes for city’s real estate industry

Three plots of land the Hong Kong government is going to sell through tender could attract bids that are up to 20 per cent below mid-2019 levels, which in turn could determine transaction volume and prices in the world’s most expensive property market, industry consultants said.

A residential plot in Mong Kok, the tender for which closes on Friday, a commercial plot in Kai Tak and residential land on Anderson Road in Kwun Tong, the tenders for which close next month, could see their estimated valuations cut by as much as a fifth by property developers, according to consultants and surveyors.

The coronavirus pandemic, a bleak economic outlook as well as rising unemployment continue to weigh on Hong Kong’s property market. For instance, the prices of used homes have fallen by 6.6 per cent between a peak in May 2019 and February, according to the Rating and Valuation Department.

How the land sales pan out might affect the decision-making of some homeowners, a surveyor said. “Developers are major market players. Their bids will be indicative of the property market and economy in the future, ” the surveyor said.

The bids might affect transactions and market sentiment in the short term, a consultant said. “When land is sold at a high price, [homeowners] might withhold listings in anticipation of higher prices in the future. If the prices are low, there will be more discounts,” the consultant said.

The Consultant cut the valuation of the residential site in Mong Kok by 20 per cent to between HK$480 million (US$61.9 million) and HK$530 million. The site has a gross floor area of up to 50,497 sq ft. The value of the Kai Tak commercial plot was cut by 15 per cent to between HK$6.6 billion and HK$7.7 billion. The site can yield a gross floor area of up to 1.16 million sq ft.

The Anderson Road plot faced the risk of being withdrawn from sale by the government if the bids do not meet its reserve price, Lam said. He cut the plot’s estimated value by 15 per cent to between HK$5.5 billion and HK$6.5 billion. The plot can yield 1.09 million sq ft. More than half of the homes to be built on this site will be sold as starter homes, at 20 per cent below market price. These homes come with rules about layouts and buyers’ income requirements.

Another property consultant meanwhile cut its valuation of the residential plots by 10 per cent. As far as the commercial plot is concerned, it slashed its valuation by more than 20 per cent, saying that Kai Tak was not mature enough to attract developers under the currently depressed economic situation.

Lower bids will send a negative signal to the market, that developers have become more cautious, a director of an advisory and appraisal company said. “Homebuyers will aggressively ask for more discounts from the sellers then.”

Last week, Paul Chan Mo-po, Hong Kong’s Financial Secretary, said the decline in land prices will be faster than a drop in home prices in a depressed economy, and suggested that the government would receive less in land sale revenue this year.

This month, a 470 sq ft flat on Macpherson Place in Mong Kok sold for HK$8 million, at a loss of about HK$2 million including other expenses, according to property agent. The sale came after a plot of land equalling half a basketball court in area sold for HK$85.9 million. At HK$3,512 per square foot, it was about 20 per cent less than the lower end of market expectations and the lowest per sq ft price recorded in urban Hong Kong since 2004.

(South China Morning Post)