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Private Building in West New Territories Suffers Explosive Damage, Resulting in 20% Loss for Original Owner | Second-Hand Market Conditions Decline

Two bedrooms in a private building in West New Territories were destroyed due to explosion!The original owner of the most common transaction of RMB 3.57 million lost 20% of his account | Second-hand market conditions

Property prices continue to fall, and second-hand property owners are leaving the market at a loss. Three private housing estates in the West of the New Territories experienced two-bedroom loss transactions. Among them, Waldo Garden in Tuen Mun was sold for NT$3.568 million. The original owner purchased the unit for about NT$4.45 million in 2017 and held it for about 7 years. The overall loss was approximately 882,000 yuan, or approximately 20%.

Yuan Sixian, regional director of Cheung Yick Real Estate, said that Room B on the low floor of Tower 3 of Huadu Garden, with a usable area of ​​about 412 square feet and two bedrooms and two living rooms, changed hands for NT$3.568 million, with a price of about NT$8,660 per square foot, which is a market price transaction. It is reported that the new buyer is the first home buyer in the area. He likes that the estate is located in the center of Tuen Mun and is very convenient. The unit is elegantly decorated. The new buyer feels that the price is affordable, so he decided to purchase the above site as a home. For self-occupation. The original owner purchased the above address for approximately NT$4.45 million in 2017 and held the property for approximately 7 years, resulting in a book loss of approximately NT$882,000, or approximately 20%.

Tsuen Tak Garden mid-rise apartment 370million sold

Another two-bedroom housing estate with a “3” prefix is ​​Tsuen Tak Garden. Hui Hei-lung, co-director of Li Ka Court Real Estate, pointed out that Room B on the middle floor of Block B of the housing estate, with a usable area of ​​about 340 square feet, was sold for NT$3.7 million, with a price of about 10,882 per square foot. Yuan. It is reported that the original owner bought the unit for NT$4.53 million in 2018 and held it for about 6 years. It has now been resold with a loss of NT$830,000. The price of the unit fell by about 18.3% during the period.

Nanlang Bay high-rise unit sold for 11,562 square feetYuan

According to market news, Room G, a high-rise building in Block 3, Nan Long Bay, Tuen Mun, with a usable area of ​​about 594 square feet and two rooms, changed hands for NT$6.868 million, with a price of about NT$11,562 per square foot. It is reported that the original owner purchased the unit for NT$6.95 million in 2018 and held it for about 6 years. Now it has depreciated by NT$82,000 or about 1.2%.

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The original article was published on AM730

2024-01-05 00:41:42
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