Reported 11 months ago
Lihpao Group's Wu Baotian, a prominent figure in the real estate industry, has developed the Chiayi Fu Rong VOCO as a mixed-use building with a hotel, commercial offices, and retail spaces. The rent for the commercial offices has set a new record in Chiayi, doubling the local market rate, with spaces ranging from 74 to 171 ping rented out at 1270 to 1420 yuan per ping. The project, costing 3 billion NTD and standing as Chiayi's tallest building at 33 stories, is attracting businesses like a life insurance company that has leased 171 ping for over 200,000 NTD a month for 5 years. Alongside the commercial offices, retail spaces include a 84 ping standalone shop on the first floor suitable for finance, dining, and retail, a restaurant space on the 4th floor for chain restaurants, and open spaces on the 5th and 6th floors for potential usage by medical beauty brands, fitness centers, cinemas, children's recreation centers, and more.
Source: YAHOO