Annual Report 2023

43 2023 Annual Report Transport International Holdings Limited The Group’s Property Holdings and Development: Property Usage Total Gross Floor Area (Square feet) Group’s Interest (%) Remarks The Millennity, 98 How Ming Street, Kwun Tong, Kowloon Office/Retail (Note 1) 1,150,000 50 The site was acquired at a public auction in 1967. TIH Headquarters Building, 9 Po Lun Street, Lai Chi Kok, Kowloon Office/Shops 156,700 100 The site was acquired at market price through private purchase in 1955. Manhattan Mid-town, 1 Po Lun Street, Lai Chi Kok, Kowloon Shopping Centre 50,000 100 The site, acquired at market price through private purchase in 1955, was redeveloped and opened in 2009. Tuen Mun Town Lot No. 80, 1 Kin Fung Circuit, Tuen Mun, New Territories Industrial/ Godown 105,364 50 The site was acquired at a public auction in 1974. Note: 1. In 2023, The Millennity completed the construction of its two office towers. Some tenants have already moved in and commenced their operations. On the other hand, the construction of the podium mall beneath The Millennity is still under construction and is scheduled to have its grand opening in 2024. The Manhattan Mid-town shopping mall, a high-end podium mall located in Lai Chi Kok, has fully leased out the entire lettable area, providing a recurring rental income for the Group