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Pak Shek Kok Landau sold in a single day by three groups of people who cashed in more than $110 million
Jul 25, 2023
Pak Shek Kok Landau sold in a single day by three groups of people who cashed in more than $110 million Hong Kong
By   Centaline Property
  • City News
  • Luxury Homes
  • Real Estate Transactions
  • Real Estate Transactions
Abstract: Tai Po luxury residential Landor built along the coast, in front of the Tolo Harbor sea view.

In July, the primary market recorded a number of large transactions, the Eagle Group (041) under the Tai Po Pak Shek Kok sea-front project Landor, yesterday recorded three tenders in a single day, involving a total of more than 110 million dollars.

 

Among them, Block 2, 8th Floor, Room A and B, the transaction amounted to 39.091 million and 39.65 million yuan, foot price of $ 22,900 and $ 22,800; units are 4 rooms and 2 suites spaced out for the sea, with a usable area of 1,707 and 1,739 square feet, enjoying the expansive sea view of Pak Shek Kok. It is reported that the two units were sold by the same buyer at a cost of over $78 million.

Pak Shek Kok Landau sold in a single day by three groups of people who cashed in more than $110 million 

The other unit tendered for sale is Unit B on the ground floor of Block 1, with a usable area of 1,308 sq ft, including a 723 sq ft garden, a 3-bedroom, 2-suite apartment, with a transaction value of $31.8 million, a floor area price of $24,312, and a residential car parking space. The buyers chose the 1080-day live-in payment method and received a 7.75% cash rebate of the property price for completing the transaction 90 days in advance, while the developer also provided the buyers with a stamp duty concession of up to 4.25% of the property price.

 

According to the developer, the buyers were attracted to the sea-view units, which are the only ones of their kind in the area, and the quality of the materials used in the project, so they decided to purchase the units. The Landmark is one of the few projects in Pak Shek Kok that enjoys a panoramic sea view of Tolo Harbour, which is a rarity in the area.

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Pak Shek Kok Landau sold in a single day by three groups of people who cashed in more than $110 million
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