The long-vacant Teling wireless store site in Jordan finally secured a tenant after 18 years. A fresh rental poster, 'dim sum guest house,' is about to move in, with orange posters now posted outside the premises. The former flagship store of Teling Appliances, located at No. 312 Mody Street, is set to undergo renovations after a financial dispute involving its previous owners. According to Central (Commercial Property) data, the owner is sub-dividing the large store space into two smaller ones for leasing. No. 312 Mody Street, a single-side shop at 1,648 square feet, is listed for an initial monthly rent of HKD120,000. No. 310 Mody Street and first floor, about 1,600 square feet for the shop and 1,326 square feet for the first floor, are being leased at HKD200,000 per month. The property, located at 312 Mody Street, has been a topic of discussion due to the relatively low purchase price of HKD48 million in March last year. The investor, Guo Yinglong, only acquired 2/3 of the property ownership, with the remaining 1/3 still held by the Teling family. Renovation and clearance work are expected to involve substantial costs. Guo Yinglong, who previously served as the executive director of Union Land, successfully concluded the deal and is now negotiating with the Teling family members to lease this historic shopfront. Packing up an ‘armory’ Inside the long-abandoned shop, visitors would be met with reinforced I-beams, resembling an armory, with old-style mezzanine floors that would require significant work before the space can be turned into a commercial tenant. Mody Street has seen significant changes in recent years, with new residential and commercial developments adding to the area’s attractiveness. 'Dim sum guest house,' while currently suitable for a dim sum restaurant, could also attract securities firms, banks, or flagship stores in the future. Guo Yinglong, who now operates under the 'V Work' brand for his newly converted studio space complex, clearly understands the intricacies of the property market. His successful acquisition and renovation of the Teling site is a testament to his savvy business acumen.