logo
香港 icon
icon 香港 icon
新闻与资讯
Hong Kong Property Market Revitalized: Second-hand Micro-Units in Demand
Hong Kong Property Market Revitalized: Second-hand Micro-Units in Demand 香港
By   Internet
  • 都市报
  • Hong Kong property market
  • second-hand flats
  • vibrant property transactions
  • property price chasing
Abstract: With the government fully lifting cooling measures, the Hong Kong property market has seen renewed vigor, especially in the second-hand market where micro-units have become the hot choice for both buyers and investors. Some properties are seeing bidding wars or price reductions, with sellers still facing erosion despite price cuts.

At PARK YOHO in Yuen Long, an open-plan unit of about 251 square feet was originally priced at HK$3 million but was eventually sold for HK$3.08 million after an additional HK$80,000 was bid, averaging HK$12,271 per square foot. The original owner purchased it for HK$4.56 million in 2019 and sold it at a loss, resulting in a 32.5% decrease in property value after holding it for 5 years.


According to Tony Chan, Assistant Joint Managing Director of Midland Realty, a 284-square-foot, 2-bedroom unit at City One Shatin was sold for HK$4.22 million after the owner reduced the price by HK$20,000, with an average price of HK$14,859 per square foot. The original owner purchased the unit in 2022 and sold it at a loss of about HK$1.54 million after holding it for 2 years, depreciating by approximately 26.7%.


Hong Kong Property Market Revitalized: Second-hand Micro-Units in Demand

Internet


In addition, a high-level 3-bedroom unit at King Seng Court in Fanling, with an area of 598 square feet, was priced at HK$4.28 million. The owner eventually reduced the price by HK$20,000 and sold it for HK$4.3 million, at a rate of HK$7,191 per square foot. The original owner purchased the unit for HK$970,000 in 2002 and sold it at a high profit after holding it for 22 years, increasing the property value by 3.4 times.


Gary Ng, Senior Joint Chief Executive Officer of Midland Realty, stated that a 674-square-foot, 2-bedroom unit at Mei Foo Sun Chuen in Lai Chi Kok was initially priced at HK$10 million but was eventually sold for HK$6.65 million after a cumulative reduction of HK$3.35 million, at a rate of HK$9,866 per square foot, 4% lower than the market price. The original owner purchased it in 2015 and sold it at a loss of HK$150,000 after 9 years, depreciating by 2.2%.


Lastly, at Kam Sheung Road in Yuen Long, two consecutive detached houses were sold at Kam Sheung Road. One of the houses, a double-number house with an area of 1,035 square feet, was initially priced at HK$13 million but eventually sold for HK$12.34 million after negotiation, at a rate of HK$11,923 per square foot. The original owner purchased it in 2022 and sold it after 2 years, with a slight loss of HK$40,000, representing a decrease of about 0.3%.

留言
icon
请输入您的国籍
+87
不能为空
电子邮件地址无效 电子邮件地址未验证!
icon
欢迎访问 House.com
登录或注册以充分利用您的体验。这也将增加您与经纪人交流的机会。
请输入有效的电子邮件地址。
继续使用 Google
提交即表示我接受House.com的   使用条款
icon icon
验证您的电子邮件
你好 我们刚刚将验证码发送到您的电子邮件中。请检查并在此处输入验证码以继续登录。
验证码错误
没有收到电子邮件?请检查您的垃圾邮件文件夹
icon
banner
Hong Kong Property Market Revitalized: Second-hand Micro-Units in Demand
icon 复制链接
icon WhatsApp
icon Facebook
icon Twitter