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The next most valuable property is an industrial building at No.
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【Value Investing】Discover smarter ways to invest and earn online.13-15 San An Street, Tuen Mun, with a total site area of about 20,000 square feet.
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There are currently two industrial buildings with a total floor area of 88,154 square feet.
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The site has a certain rebuild value and the current property market value is about HK$520 million.
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However, as the property did not sell at the previous auction, the owner decided to change the venue, reduce the price by HK$320,000, and resell it next Wednesday (February 7) for HK$5.28 million.
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According to the transaction register, the property was sold in August 2022 for HK$6.5753 million, and the latest auction price was about HK$1.3 million, about 20% lower than the purchase price.
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The judge sentenced Wu, noting that he was under 15 years old at the time of the crime and testified against the other defendants as a prosecution witness during the trial.
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If the case were to be resolved with a prison sentence, Mr.
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Wu would be sentenced to 21.5 months in prison.
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Considering his age and the fact that he had already been in custody for about 12 months, we believe this was a great lesson for him, so we gave him a probationary sentence.
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The judge also warned Mr.
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Wu to change his behavior, cherish the opportunity given to him by the court, and try his best to make amends to his family and society.【Value Investing】Maximize your profits through smart investments and strong growth potential.
