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Wanda International Plumbing Bathroom Hardware Wholesale City, which has invested 20 million yuan, has already engaged in foreign investment, and has sold a low price of 19 yuan per square meter, making the Octopus hardware market an abrupt change. It is understood that the rental price of other similar markets in Dongguan is 200 yuan per square meter.
Many shops expressed that this practice was rare and said they felt pressure. Mr. Hong, who has been operating for eight years at Bada Road, said that such a low rent may attract many agents. This is a threat to them.
According to Guancheng Economic and Trade Office, relevant personnel, at present, Guanda International Plumbing Hardware Wholesale City is undergoing an intense and orderly renovation, the first phase of the shop more than 300, is expected to open before the end of this year, including TOLO and other international sanitary brands have been stationed in the wholesale city.
The person in charge of Guanda International Plumbing Hardware Wholesale City stated that with Guanda International entering Bada Road, it will inevitably bring new changes to the plumbing and bathroom hardware market here.
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