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Property transaction
Dec 1, 2022
Property transaction Hong Kong
By   Internet
  • City News
  • Property market
  • property transactions
  • real estate transactions
Abstract: Kowloon Bay Choi Hing Court because of the proximity of the MTR Choi Hung Station, coupled with the low age of the building, easier to apply for a high percentage mortgage, attracting many buyers to the market, the last ten days will record five "white house two" transactions.

Midland Realty East Kowloon Rainbow Branch Sales Manager Lee Chi Hung said the above-mentioned five transactions in Choi Hing Court, the second market price ranging from 4.12 million to 4.3 million.

 

Among them, the middle floor of Block A, Room 07, with a saleable area of 368 square feet, changed hands at a second market price of $4.3 million, equivalent to a saleable foot price of $11,685.

 

He added that the building is close to 4 years old Choi Hing Court this year just after the three-year Special Stamp Duty (SSD) period relaxation, coupled with the mortgage can be done 90%, the repayment period can also be up to 25 years, so popular with "white residence two" customers.

 

Information shows that the original owner bought the above unit in May 2019 for $2.93 million and held it for more than three years, with a book profit of $1.37 million and a unit appreciation of about 47%.

 

Centaline Property's branch manager in Tin Shui Wai's Kingswood Branch 2, Mr. Lam Kam Po, said that the new batch of "White House II" buyers had been driven by the market, and this month's HOS transactions in Tin Shui Wai were very active, recording about 50 transactions, an increase of 1.5 times over the previous month.

 

The branch recently facilitated the sale of a flat in the upper floors of Block G of Tin Chung Court, with a saleable area of 506 square feet and a two-room partition, which was priced at $3.8 million in July.

 

As the unit comes with enterprise management decoration, the newly attracted to look at only two days of "white house two" newlywed car customers quickly decided to undertake, bargaining for 3.78 million yuan after the transaction, the sale price of $ 7470 per square foot practical.

 

Lin Jinbao pointed out that the original owner bought the unit in January 2019 with 3.7 million yuan, holding more than 3 years to sell, the book profit of 80,000 yuan to leave the market.

 

Mr. Lam Ka-lun, senior branch manager of Cheung Yick Properties, said that the branch recently recorded a case of a residence two market transaction of Tin Chung Court, which is near the city center and Tin Shui Wai Central Park, a comfortable environment.

 

The original owner bought the property in 2000 for about $890,000 (market price of Home 2) and the value of the property has increased by more than 3 times. The above-mentioned unit is a 3-bedroom apartment in the middle floor of Block D, with a saleable area of 650 square feet, three bedrooms and two bathrooms.

 

The new buyer is a white residence 2 winner from outside the district, he likes the proximity of the estate to his family and children's school, not only is it convenient to pick up and drop off, his family can also help to take care of the children, and the unit has a beautiful view and the inner cage is corporate, plus after bargaining, the original owner reduced 150,000, the new buyer felt that the price of the property is attractive, so he decided to buy the upper site for 3.85 million (the market price of residence 2), and the price per square foot is $5,923 based on the saleable area.

 

Centaline Property Jiahu Branch 2 Branch Manager Ho Ka Lok said that the White House II successful applicants flocked to the market after obtaining the certificate, the Tin Shui Wai HOS market is rapidly heating up, including 23 transactions in Ping Yan Court.

 

The branch has recently facilitated the transaction of 16 rooms in the upper floors of Block B of Ping Yan Court, with a saleable area of 447 square feet and a two-room partition, the market price of HOS II is $5 million.

 

The unit has an open view and also comes with corporate decoration, which can be bought and lived in immediately. Recently, it has been favored by the "White House II" car customers and was sold for $4.35 million after bargaining, with a sale price of $9,732 per square foot.

 

The original owner bought the unit in November 2018 for $2,255,900, and has held it for 4 years with a book profit of $2,094,100, representing an appreciation of 93%. 

 

 

Centaline Property's Senior Senior Divisional Sales Manager of Tsing Yi City Branch No. 3, Mr. Wong Chun-kit, said that with the influx of "White Home II" to the market, Green Form transactions in Tsing Yi were active this month, with 19 Green Form HOS and public housing transactions recorded, accounting for about 35% of the total number of transactions in the district.

 

The branch just facilitated the transaction of a 10-room flat on the upper floor of On Yeung House in Cheung On Estate, with a saleable area of 443 square feet, two rooms, and a corporate decoration.

 

The unit asking price of $2.38 million (without premium), two days after the sale, the "white house two" on the car customers immediately look to buy, reduce the price of $100,000, and then sold for $2.28 million, the sale price of $5,147 per square foot.

 

The original owner bought the unit in June 1998 for $213,400, with a book profit of $2,066,000, and the unit has appreciated 9.7 times in value in 24 years. Cheung On Estate recorded 7 Green Form transactions this month, with an average saleable square foot price of $5,346.

 

Centaline Property Shatin City One Divisional Sales Manager Hou Huiliang said that the new phase of the White House II buyers are entering the market one after another, driving the HOS secondary transactions.

 

Shatin and Tai Wai recorded about 82 transactions this month, including 12 transactions in Yu Chui Court, including the middle floor of Block J, Room 06, with a gross floor area of 826 square feet, a saleable area of 650 square feet, and a 3-room partition.

 

The unit belongs to the estate property, the opening price of about 6.7 million yuan in September, then reduced to 5.9 million yuan, and finally changed hands with the market price of 5.5 million yuan, the average price of 8462 yuan per square foot, a cumulative reduction of 1.2 million yuan.

 

It is understood that the new buyer is a white home two buyers, bought the unit for their own use.

 

The original owner bought the unit in 2001 at $1.547 million and held it for about 21 years, selling the unit at a profit of about $3.953 million and leaving the market, the unit appreciated about 2.6 times.

 

Centaline Property Tai Po Lan Shan Branch Manager Yang Chung-yiu said, Tai Po Fu Shin Estate, the latest near-recorded Shan King Building, the middle floor 14 rooms, the unit saleable area of 381 square feet, the opening price of about 2.6 million when the July release, the other day after the bargaining price of 1.9 million to the market price of residence two changed hands, the average price of 4987 yuan per square foot.

 

It is understood that the new buyer is a white home two buyers, see the price of the unit attractive, can look forward to the sea view, to buy the unit for their own use.

 

It is understood that the original owner in 2012 to 271,000 yuan to buy the unit, hold the goods for 10 years, is the sale of the unit book profit of about 1.629 million yuan to leave the market, the unit appreciated about 6 times.

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