Tai Sang Commercial Building in Wanchai for sale by tender
3 October 2006
Tai Sang Commercial Building at No. 24-34 Hennessy Road, Wanchai is now for sale by tender. The commercial property located at a prime business location in Wanchai is expected to fetch a market price of HK$748 million.
The tender, organized by Colliers International, closes on 3 November 2006. Tai Sang Commercial Building has 28 floors with total floor area of 182,441 sqf. The building site is about 9,246 sqf. Under its new redevelopment plan, Tai Sang Commercial Building will be redeveloped at a plot ratio of 15 times, providing 137,190 sqf of commercial area. With less space, the office building may alternatively be redeveloped into a service apartment building or a hotel to enhance its value.
Wen Wei Po
12/28/2010 :
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