Low-rise 2-bedroom households in Block 8, Tseung Kwan O Center changed hands for $6.6 million
Property prices are good, and first-time buyers seize the opportunity to get in the car. After looking at the center unit, they still bargain in the early hours of the morning. Luo Dingkang, the sales manager of Midland Realty’s Tseung Kwan O City Center Branch, said that the bank has recently facilitated the transaction of two-bedroom units in Tseung Kwan O Center , the unit was taken over by First Home Buyer for $6.6 million. In 2008, the value of the unit appreciated by more than 1.7 times.
Luo Dingkang said that the above-mentioned transaction unit is Room B on the lower floor of Block 8, Tseung Kwan O Center, with a usable area of 438 feet and a two-room partition. The initial asking price of the unit was $7.28 million. It is reported that the new buyer was the first buyer. After visiting more than ten units that day, he immediately counter-offered in the early morning. The agent negotiated with the owner until 3:00 in the middle of the night. The unit finally reduced the price by 680,000 yuan or about 9%, and changed hands for $6.6 million. , equivalent to about $15,068 per square foot.
According to the data, the original owner purchased the above-mentioned unit for $2.42 million in June 2008, and held the goods for about 15 years, making a book profit of $4.18 million, and the value of the unit has increased by more than 1.7 times.
Further reading: Tseung Kwan O Centre, The Plaza, Tseung Kwan O
Tseung Kwan O Metropolis Phase 3 Low-rise 2-bedroom households in Block 2 were reduced to $6.68 million and changed hands by about 1.1 times
Huang Shaoming, regional manager of Midland Realty’s Tseung Kwan O Metropolis branch (said that the bank recently facilitated the transaction of two-bedroom units in Metropolis. The unit was put on the market for about a week and was accepted by tenants in the same housing estate for $6.68 million. In 2011, the value of the property more than doubled. The housing estate temporarily recorded 8 transactions this month, with an average price per square foot of about $16,116.
Huang Shaoming said that the above-mentioned transaction unit, the lower floor B of the third phase of Metro City, Block 2, has a usable area of 406 feet and is a two-room partition. It is reported that the unit was initially sold at $6.9 million in mid-May, and was recently negotiated by the tenants of the same housing estate. The final price was reduced to $6.68 million and changed hands, equivalent to a practical price of about $16,453 per square foot. He added that the new buyer has rented a unit of the same area in the same housing estate for many years. Seeing that the property price of the unit dropped by about $1 million from the peak period, he decided to enter the market for self-occupation.
According to the data, the original owner purchased the above-mentioned unit for $3.19 million in April 2011 and held the goods for about 12 years, making a book profit of $3.49 million, and the appreciation of the unit was about 1.1 times.
Further reading: Metropolis Tseung Kwan O
Middle-floor 3-bedroom household, Block G, Kam Tai Court, Ma On Shan, market price $6.4 million
Chen Hongting, Divisional Sales Manager of Centaline Real Estate Ma’anshan Tianyuhai Branch, said that the recent market focus has been on first-hand transactions, and second-hand transactions will inevitably be under pressure. Ma’anshan District has temporarily recorded about 64 second-hand transactions this month, a decrease of about 20% compared to the same period last month. Jintai Court temporarily recorded 5 transactions this month, including Room 01 on the middle floor of Block G. The unit has a usable area of 650 square feet and 3 rooms. The asking price was about $6.5 million, and the price was reduced by $100,000. The practical average price per square foot is $9846.
Zhongyuan Chen Hongting pointed out that the new buyer is a user. The original owner purchased the unit for $1.733 million in 2010. He held the stock for 13 years and left the market with a book profit of about $4.667 million. The value of the unit increased by about 2.7 times during the period.
Further reading: Kam Tai Court Ma On Shan
The middle-level 2-bedroom apartment in Block 5, Yinghai, Ma’anshan, $8.28 million, appreciated by about 47.1% during the transaction period
Hu Yaozu, a senior regional sales manager of Centaline Property Maanshan Yinghai Yufeng Branch, said that the first-hand new property cost the market focus this month and robbed a large amount of purchasing power. Maanshan Yinghai temporarily recorded about 9 transactions this month, including 5 middle-floor rooms B in the first phase. The construction area of the unit is 665 square feet, the usable area is 512 square feet, and there are 2 rooms.
Zhongyuan Hu Yaozu pointed out that the new buyer is a user. It is understood that the original owner purchased the unit for $5.63 million in 2012 and held the goods for 11 years. The book profit of this transfer was about $2.65 million, and the value of the unit increased by about 47.1% during the period.
Further reading: Imperial Peak Ma On Shan
Monthly rent for a 2-bedroom apartment on the middle floor of Block 7A, Landor, Pak Shek Kok, Tai Po $25,000
Yang Songyao, manager of Centaline Property Tai Po Lanshan Branch, said that driven by the first-hand market, the recent market entry atmosphere is positive. Landor, Pak Shek Kok, Tai Po recently recorded a middle-floor room D in Block 7A. The salable area of the unit is 780 square feet, with 2 bedrooms and a suite. The asking price was about $25,000 when it was released.
It is understood that the new tenants are a young couple. Seeing that the price of the unit is reasonable and the environment is comfortable, they rented the unit for their own use. It is understood that the owner purchased the unit for $9.37 million in 2019, and can enjoy a rental return of about 3.2% when renting out the unit.
Further reading: Landor Tai Po
The low-rise 2-bedroom apartment in Block 8 of Olympic Victoria Harbor was reduced by $800 and sold at a monthly rent of $18,500
Xu Yingjie, marketing manager (sales) of Hong Kong Real Estate Olympic Station Branch, said that the bank has just facilitated a lease transaction of a two-bedroom apartment in Victoria Harbor Bay. The tenant in the same district rented it for about 18,500 yuan, and the practical price per square foot is about $40.5, which is relatively low. The market price is slightly lower.
The above rental unit is Room E on the lower floor of Block 8, Victoria Harbor Bay, with a salable area of about 457 square feet and a construction area of about 639 square feet. Xu Yingjie pointed out that the unit was rented for about $19,300 for about 1 week and received inquiries from customers in the same district. After negotiation between the two parties, the price was reduced by $800, and it was sold at $18,500, which is equivalent to a rent of $40.5 per square foot and $29 per square foot, which is slightly lower than the market price. Low. It is reported that the new tenant is a family guest, and the flat he likes is clean and well-managed, so he decided to rent the above-mentioned flat after one inspection of the property.
According to the data, the owner purchased the above-mentioned unit for about $8.43 million in March 2023.
Further reading: Victoria Harbor Olympics
South District Yangming Villa 5 low-rise 2-bedroom households spend $22 million to undertake the first home buyer
Lin Ziyi, District Director of Happy Valley Branch of Hongkong Real Estate East Mid-Levels, said that the bank has just facilitated the sale and purchase of a 1,031 sq. ft. high-quality unit in Yangming Villa.
Lin Ziyi said that the unit just sold is a low-rise 35-room unit in Block 5 of Yangming Villa, with a usable area of about 1,031 square feet and a construction area of about 1,299 square feet. It is a two-bedroom apartment with a panoramic mountain view to the east. It is reported that the unit has been put on the market for about 2 years at $24 million, and has recently been contacted by customers from other areas. The new buyer loves the high privacy of the apartment in Block 5 of the housing estate, coupled with the supporting facilities and the quality of the unit, so he decided to buy it for his own use after inspecting the property twice, and took over the previous site for $22 million. for $16,936. As for the last time, the 39-room unit on the middle floor of the same block of the housing estate was sold for $26.3 million in March 2023, with a usable area of about $1,045 square feet and a construction area of about 1,312 square feet, equivalent to a usable square foot price of $25,167.
The owner purchased the above-mentioned property for about $8.68 million in November 2000. After holding the property for 23 years, he made a book profit of $13.32 million, and the property appreciated by 1.5 times.
Further reading: Mountain View Yangming Villa Happy Valley
The monthly rent for a middle-floor 3-bedroom apartment in Block 3, Silver Sea, Olympic One is $30,000, a reduction of about 10%
Li Pinliang, senior co-director of Hong Kong Olympic Station Junhuigang Branch, said that the superior location of No. 1 Silver Sea attracts tenants. The bank has just facilitated a lease transaction for a 3-bedroom apartment in this housing estate. The new tenant rents it at a monthly rent of about $30,000, and the usable sq. ft. rent is about $45.1, which is about 5% lower than the market price.
The above leased unit is Room C on the middle floor of Block 3, No. 1 Yinhai, with a usable area of about 665 square feet and a construction area of about 898 square feet. Li Pinliang pointed out that the unit was leased at $33,000 for about 2 weeks and was approached by a customer from outside the area. After negotiation, the two parties reduced the price by $3,000 or about 10%, and let it out at $30,000. It is reported that the new tenant’s favorite housing estate has a kindergarten downstairs, which is convenient for children to go to school, so they decided to rent it after inspecting the property twice.
According to the data, the owner purchased the above-mentioned unit for about $12 million in September 2014, and the owner is now enjoying a return of about 3%.
Further reading: No. 1 Silver Sea Olympics
A high-rise 2-bedroom apartment in Block B, Tin Shing Court, Tin Shui Wai was sold for $2.95 million at a slightly lower market price
Xie Liguan, senior branch manager of Xiangyi Real Estate, said that there was a transaction case of the first buyer in Tin Shing Court in Tin Shui Wai a few days ago. The surface profit was as high as $2.145 million, and the unit appreciated more than 2 times and changed hands.
Hsieh said that the transaction unit recorded above is Room 7, a high-rise building in Block B, with a salable area of 429 square feet, two bedrooms and one living room. The buyer is a green watcher. He likes the open view of the living room and rooms of the unit. In addition, the housing estate is close to the railway station, the transportation is convenient, and the original owner has immigrated. Therefore, he is willing to adjust the price and reduce the price by $90,000. The above buyer has Feeling that the price of the unit is attractive, he decided to purchase the site for self-occupation at $2.95 million (the second market price). The average price per square foot was $6876 based on the salable area, which was slightly lower than the market price.
Further reading: Tin Shing Court Tin Shui Wai
Tsuen Wan Plaza Block 1 high-rise 2-bedroom family customer undertook $6.928 million property appreciation during the period by about 88%
Midland Realty Tsuen Wan Hai Zhi Lian Branch (5) Senior District Sales Manager He Zhenrong said that as the peak summer season approaches, some potential buyers are dispatched early, and the bank has recently facilitated family customers in the area to spend $6.928 million to undertake high-rise two-bedroom households in Tsuen Wan Plaza. The goods in 2012 Resale book profit of $3.25 million.
He Zhenrong said that the transaction unit was Room H, a high-rise building in Block 1, Tsuen Wan Plaza, with a usable area of about 433 square feet. It is reported that the unit was previously sold for $7.3 million, and was accepted by family buyers in the area for $6.928 million after negotiation, with a cumulative reduction of about $372,000, which is equivalent to a practical price of $16,000 per square foot.
The original owner bought the unit for $3.678 million in May 2012, and resold it for about 11 years, with a book profit of $3.25 million. The property appreciated by about 88% during the period.
Further reading: Tsuen Wan Plaza Love by the Sea Tsuen Wan
* Transaction quotes.
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