A 2-bedroom apartment in Fanling’s Qingqing Room changed hands for $4.36 million after price negotiation (and the latest transaction today)

A 2-bedroom apartment in Fanling’s Sunshine Rooms changed hands for $4.36 million after price negotiation.

Centaline Real Estate Fanling Bihu Garden Branch Manager Cai Tianci said that it has recently secured a mid-floor D room in Tower 1 of Qianqing Room in Fanling. The unit has a usable area of 384 square feet, a built-up area of 532 square feet, and two bedrooms. The asking price is about $4.4 million. The price has been negotiated a few days ago. It later changed hands for $4.36 million, with an average price per square foot of usable area of $11,354.

Zhongyuan’s Cai Tianci pointed out that the new buyer was a boarder. Seeing that the price of the unit was reasonable and the layout was suitable, he decided to buy the unit for his own stay. It is understood that the original owner purchased the above address for $1.7 million in 2010 and held it for 14 years. The unit was sold with a profit of approximately $2.66 million and the unit appreciated by 156%.

Further reading: Green Lake Garden, Qian Qingjian, Fanling

Nanchang Huixi was acquired for $8.65 million and suffered a book loss of approximately $2.275 million.

Zhang Xiaoying, chief regional sales director of Midland Realty West Kowloon Victoria Harbor Branch, said that the transaction unit is Room D on the middle floor of Tower 6, Huixi, Nanchang, with a usable area of about 393 square feet and a one-bedroom partition. It is reported that the buyers in the area are interested in units with open sea views, so they pay $8.65 million to take over the unit to live in. The average price per square foot of usable area is about $22,010.

Referring to the transaction data, the original owner purchased the above property for $10.925 million in August 2021 and held it for about 3 years. The book loss was about $2.275 million, or about 20.8%.

Extended reading: Yanghai Huixi Nanchang

Xiaofeng Bayside in Ma On Shan changed hands for $6.8 million after negotiation, with a practical price of $10,526 per square foot.

Hu Yaozu, senior regional sales manager of Centaline Real Estate’s Ma’anshan Yinghai Yufeng Branch, said that it recently secured a mid-floor H-room in Block 4, Xiaofeng Bay, Ma’anshan. The unit has a salable area of 646 square feet and 3 bedrooms. It changed hands for $6.8 million after negotiation a few days ago. The usable area is average. Price per square foot is $10,526.

Zhongyuan Hu Yaozu pointed out that the new buyer is a user. The original owner purchased the unit in 2002 for $2.31 million and held it for about 22 years. He left the house with a book profit of about $4.49 million, a profit of about 194%.

Extended reading: Xiaofeng Bay, Yufeng, Ma’anshan

Kai Tak Long Yu’s open-plan negotiation is for $12,900. The usable square foot rent is $52.9

Yuen Shih-cheong, marketing manager (sales) of Hong Kong Real Estate East Central Kowloon Kaihui Branch, said that the bank has recently facilitated the high-rise room C of Block 1A, Longyu, Kai Tak, with a usable area of about 244 square feet, an open partition, and a view to the northwest. . Yuan Shichang pointed out that the owner offered the lease for about $13,500 for one week and received inquiries from customers from outside the area. After negotiation, the two parties rented the property for $12,900, and the average rent per square foot of usable area was $52.9. It is reported that the new tenant is a single person and his favorite unit enjoys open views, so he decided to rent it after viewing the property once.

Information shows that the owner purchased the above-mentioned unit in October 2017 for approximately $5.515 million.

The 2,365-square-foot rental project of Pauline House in Stanley has a monthly lease price of $138,000 and has been accepted by luxury customers from other districts.

Yang Jiajun, assistant regional manager of luxury homes in the Peak South District of Midland Realty, said that the bank has just facilitated the rental transaction of a large house in Pauline House, Stanley. The unit has a usable area of about 2,365 square feet, and is connected with a garden of about 1,077 square feet and a garden of about 895 square feet. The rooftop is also equipped with a garage of about 391 square feet. It is a high-quality luxury rental property and the rent is reasonable. Therefore, it has been favored by luxury tenants in other areas. The monthly rent is $138,000. The average rent of the usable area is $58.4.

It is known that the owner held the above-mentioned luxury property for approximately $64.25 million in 2007. If calculated based on the current rent, the rental return rate is approximately 2.6%.

Extended reading: Po Lam House Bungalow Stanley South District The Peak

A mid-rise two-bedroom apartment in Block 16 Park Island, Ma Wan, was purchased by a returning overseas buyer for $5.92 million.

Ling Guangsheng, senior sales manager of Midland Realty Ma Wan-Park Island Branch (3), said that seeing the decrease in listings, many prospective buyers have accelerated their pace of entering the market. The bank has recently facilitated overseas returning buyers to spend NT$5.92 million to undertake the acquisition of Park Island 520 A real household, the original business was in charge of goods for 10 years, and the book profit was 870,000 when it was resold.

Ling Guangsheng said that the unit sold was Room B on the middle floor of Tower 16 Park Island, with a usable area of about 520 square feet. It is a two-bedroom apartment and enjoys open sea views from the upper floors. It is reported that the unit was previously sold for $6.1 million, and was negotiated by returning overseas buyers. The price was negotiated at $180,000. The unit was taken over for $5.92 million, which is equivalent to a practical price of about $11,385 per square foot, which is a market price transaction.

Information shows that the original owner purchased the unit for $5.05 million in 2014 and held it for 10 years, making a book profit of $870,000, or more than 17%.

Extended reading: Yanghai Park Island Ma Wan

A high-rise 3-bedroom apartment in Tower 1 of Hengfeng Garden in Tai Wai changed hands for $10.18 million

Hou Huiliang, the business manager of Centaline Real Estate’s Shatin City One division, said that after the withdrawal of spicy food, the overall transaction volume has improved significantly. However, recently, the first-hand transaction has slightly taken away the market focus, and the pace of second-hand transaction has slowed down. Tai Wai District has temporarily recorded about 34 transactions so far this month. Second-hand transactions decreased by about 40% month-on-month, of which Hengfeng Garden accounted for about 2 cases. The housing estate recently acquired a high-rise G room. The unit has a usable area of 867 square feet and a built-up area of 1,110 square feet. There are 3 bedrooms with suites. The asking price is about It was priced at $10.8 million. After recent price negotiation, the parking space changed hands for $10.18 million, and the practical average price per square foot was $11,742.

It is understood that the new buyer is an owner. Seeing that the environment of the housing estate is comfortable, the price of the unit is reasonable, and the partitions are suitable, he purchased the unit for his own use. The original owner purchased the unit in 1998 for $4.46 million and held it for about 26 years. The unit was sold with a book profit of about $5.72 million and the unit appreciated by about 128%.

Further reading: Shatin City One, Evergreen Garden, Tai Wai

Low-rise 3-bedroom apartment in Block 82, Yi Long Wan, Pak Shek Kok, Tai Po, for rent for $23,500

Fok Boxiong, manager of Centaline Real Estate’s Jiulongshan Branch, said that the recent sales transactions have been booming, while the leasing transactions have slightly decreased. The latest leasing transaction was recorded at 8 Yilong Bay, Pak Shek Kok, Tai Po. The unit is Room E, low-floor building 2, with a usable area of 682 square feet. The 3-bedroom apartment with suites is rented out for $23,500 after negotiation, with an average practical rent of $34.5 per square foot.

Zhongyuan Huo Boxiong pointed out that the new buyer was a family from the same district. Seeing that the environment of the housing estate was comfortable, the units were well spaced, and the price was reasonable, he decided to rent the unit to live in. It is understood that the owner purchased the unit for $10.01 million in 2019 and can enjoy a rental return of approximately 2.8% when renting out the unit.

Tai Wai Phase 3 Shengshi Tower 3 mid-floor 3-bedroom apartment sold for $10.5 million

Li Zongwen, regional sales director of Centaline Properties Shatin City Center Branch, said that Shatin and Tai Wai districts temporarily recorded about 75 second-hand transactions this month, a drop of about 50% compared with the same period last month. Among them, Mingcheng temporarily recorded 5 transactions this month, and the latest housing estates The mid-floor NA room in Tower 3 of Shengshi Phase 3 was recorded. The unit has a salable area of 688 square feet. It has 3 bedrooms and a suite. It recently changed hands for $10.5 million after negotiation, and the salable area price per square foot is $15,262.

It is understood that the new buyer is a flat changer. Seeing that the price of the unit is reasonable and the layout is suitable, he seizes the opportunity to move into the unit for himself. The original owner purchased the unit in 2011 for $6.89 million and held it for about 13 years. Now it is resold with a book profit of about $3.61 million. The unit appreciated by about 52.4% during the period.

The price of a high-rise two-bedroom apartment in Kwong Lung House, Kwong Ming Court, Tseung Kwan O, is $4.468 million, a decrease of only 0.7%.

Century 21 Property (Tseung Kwan O) branch manager Wei Shiliang said that an out-of-area “White House” buyer just purchased a high-rise 12-room unit in Kwong Lung House (Block B), Kwong Ming Court, Tseung Kwan O, for $4.468 million, with a usable area of 530 square feet. The two-bedroom unit with an open hall and a south-facing view of the city was renovated. Compared with the owner’s listing price of $4.5 million at the beginning of this month, the transaction was $32,000 less, a decrease of only 0.7%, and the practical price per square foot was $8,430.

It is understood that the original owner purchased the property in November 1998 for about $1.132 million (before paying the land price). He has held it for 26 years and resold it, making a book profit of $3.336 million. During this period, the property appreciated nearly three times.