TC

26/08/2014 14:01

Confirmor earns HK$9m from street shop sale in Sham Shui Po

    Vigers Research said a 1,800 square feet street shop (with mezzanine floor) at Kweilin Street in Sham Shui Po has been transacted for HK$35 million or HK$19,444 per square foot.
  The investor, also known as a confirmor (who buys a property and resells it before the completion of the formal sale and purchase agreement), made a profit of HK$9 million, or 35%, after holding the property for two weeks. 

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