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$9,500,000 taken up by user
Apr 8, 2023
$9,500,000 taken up by user Hong Kong
By   Centaline Property
  • City News
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Abstract: A $9.5 million offer for a 2-bedroom market-view flat in Banyan Garden.

The unit is a 2-bedroom apartment with a saleable area of 471 sq ft and a gross floor area of 615 sq ft, facing south and looking out over the city, and was sold for $9.5 million, or $20,170 per square foot.

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According to Tse Yiu Man, the buyer was a user and bought the flat for his own use as it was the most affordable flat in the estate and the price was within his budget.

 

The original owner bought the flat in 2018 for $6 million and held it for five years, but now he has left with a profit of $3.5 million, representing a 58% appreciation in value.

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$9,500,000 taken up by user
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