A 301 square foot retail shop in Kwun Tong sold for HK$100,000 per sq ft, nearly double the price of retail spaces in the city’s busiest shopping districts, according to a release on Thursday.
A wholly-owned subsidiary of Hong Kong-listed Telecom Digital Holdings, which sells mobile phones, paid HK$30 million for the shop at Kwun Tong Plaza.
The price is 130 per cent higher than what the owner paid in early 2011 and well above transaction values of retail shops in Causeway Bay, according…
Source : South China Morning Post
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