Hang Sang (Siu Po) International Holding Co. Ltd. (HK:3626) has released an update.
Hang Sang (Siu Po) International Holding Co. Ltd. has disclosed details of its 2024 rental agreement for several industrial units, revealing a monthly rent modestly discounted to the market rate. The valuation was determined using the market approach, comparing similar properties with adjustments for factors like location and size. The market rent was set at approximately HK$288,400 for nearly 19,000 square feet, reflecting a competitive rate for the property’s characteristics.
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