Case Studies

KRUGERRAND

Good Harvest Industrial Building, 9 Tsun Wen Road, Tuen Mun

Bought large portion of a whole floor in an Industrial building in this fast-growing district

Repositioned from large scale warehouse space into high-yielding subdivided and renovated workshops for long term lease

The project has achieved 100% occupancy, with rental continuing to grow steadily

Acquisition Year
2017
Area
6,000 sq. ft.
Renovation

AP submissions to Buildings Dept.

Created 16 subdivided units

Annual Rent

Increased from HK$8 per sq. ft. to HK$14 per sq. ft., for a 6% yield