September 2016


kamaco is Appointed as Sole Agent for Tender Sale of Properties in Liberty Avenue and Victory Avenue

kamaco is Appointed as Sole Agent for Tender Sale of Properties in Liberty Avenue and Victory Avenue

19 September 2016

International real estate consultancy kamaco has been appointed as the sole agent for the tender sale of the following properties in Ho Man Tin: • 85% ownership of 9-11 Liberty Avenue• 95% ownership of 13 Liberty Avenue• 94% ownership of 5A-5D Victory Avenue• 10 units at 4A-4D Liberty Avenue

 
 
kamaco Appointed as Sole Agent for Tender Sale of 16/F and 17/F Grand Millennium Plaza (Low Block)

kamaco Appointed as Sole Agent for Tender Sale of 16/F and 17/F Grand Millennium Plaza (Low Block)

15 September 2016

The commercial property market has been heated up with substantial transactions recently. A number of buyers are acquiring Grade A offices for own use or for lease. The upper floors of Far East Finance Centre and Bank of America Tower in Admiralty were sold at the price of HK$ 33,900 per sq ft and HK$ 33,815 per sq ft, respectively in August. Whereas the top floor of The Center which is next to the Grand Millennium Plaza, was sold at a record price of HK$ 38,000 per sq ft. The estimated price of Grand Millennium Plaza (Low Block) is HK$ 21,000 per sq ft and the average rental price is at HK$55 per sq ft which represents approximately 3% yield in rental. With its prominent location, floor space, quality and the reasonable price, the property is said to be a combination of perfectly unique.

 
 

Key contacts

May Yu

May Yu

PR Manager
Marketing & Communications

kamaco Two Exchange Square, 23/F

+852 2842 4409

 
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