Property prices have not stopped falling. In recent years, owners who have entered the market at a high level are “getting better and better.” A three-bedroom unit in Fotan Junjing Garden was sold for 11 million yuan, and the foreign owners lost 4 million yuan in about 4 years.
Zhongyuan Huo Baixiong said that the real estate market has a strong atmosphere of anticipation, and impatient owners need to further reduce prices to attract customers before accepting. The above-mentioned compromised unit is Room C, a high-rise building in Block 8, with a usable area of about 990 square feet. The original asking price was about 12 million yuan, and the final price was reduced by 100 yuan. Sold for 10,000 yuan, the transaction price per square foot is about 11,111 yuan . The original owner purchased the unit in 2018. The transaction price at that time was approximately 15 million yuan, and the current depreciation is approximately 26.7%.
Conceded 9 goals in the three bedroom family set
In addition, some investors in Tseung Kwan O Center decisively stopped losses and left the market. Huang Shibin of the bank pointed out that the high-rise C of project 9 has a usable area of about 406 square feet, and the two rooms enjoy a view of the garden The price per square foot is about 15,517 yuan. The original owner bought the unit for about 6.49 million yuan in October 2017, and the current book loss is about 190,000 yuan. Chung Yuan Wu Kam-kei also pointed out that the three-bedroom apartment with room F on the middle floor in block 6 of the same residential complex was sold for about 8.88 million yuan, and the price per square foot was about 13,059 yuan.
Ap Lei Chau Haiyi Peninsula, a major residential complex on Hong Kong Island, also reported losses earlier. Room C of the high-rise building in block 8 of this property was sold for about 9.8 million yuan according to Lu Jinghao last week, with a price of about 15,336 yuan per square foot. The original owner bought the unit in the form of a company transfer in 2018 at a price of about 10.88 million yuan, and about 1.08 million yuan has evaporated so far.
The two-day trading volume of blue-chips increased by 1.7 times
Property prices have plummeted a lot and second hand transactions have increased slightly. The bank pointed out that the top 10 residential complexes recorded 11 transactions in the last Saturday and every day, about 1.75 times higher than in the previous week, and City One Shatin recorded 5 transactions as the most active.
As for Taikoo Shing, Quarry Bay, which recorded a transaction in two days, the price of Liangfangfang fell below 9 million yuan again. Zhongyuan Zhao Hongyun said that the unit is the G room on the lower floor of Fengshan Court, with a usable area of 582 square feet and a cumulative decrease of 3.5 million yuan, changed hands for only 8.5 million yuan, and the price per square foot is about 14,605 yuan.
Further reading:Common sense of the Yahoo real estate market🏠🏡🏘️
