Two major blue-chip housing estates in Kowloon recorded transactions, with three-bedroom units changing hands at a sharp 20% discount to 7.58 million | Second-hand market conditions

There is a strong wait-and-see atmosphere in the property market, and second-hand owners are expanding their bargaining range in order to successfully sell goods.The blue-chip housing estates Whampoa Garden in Hung Hom and Mei Foo Sun Estate in Lai Chi Kok in Kowloon both recorded reduced prices. Among them, a three-bedroom unit in the former was reduced by 20% or192Thousands of dollars changed hands.

The value of three-bedroom apartments in Huangpu Garden has increased 1.8 times in the past 20 years

Wu Guohao, deputy district sales manager of Huangpu District of Centaline Real Estate, said that Huangpu Garden12Expect4Lower floorAroom, practical area approx.729Square feet, three-bedroom suites are separated, and there is a storage room. The unit faces north, opening up to the park and street views.initial offer950Thousands of dollars, huge price reduction192Ten thousand yuan or approximately20%,to758Sold for NT$10,000, price per square foot is approx.10,398Yuan.

Wu Guohao revealed that the new buyer was from outside the area. Seeing that the price of the unit was attractive after the price reduction, he thought about it for a while and decided to enter the market for his own use.It is understood that the original owner2004Year2month to268Buy units worth 10,000 yuan, hold nearly 10,000 yuan20In the year, the book is now resold with a profit490Ten thousand yuan, the unit appreciates by approx.1.8times.

Check out Hung Hom Whampoa Garden for sale now (House730)

Two-bedroom units for sale in Mei Foo Sun Village9825Yuan

Lijia Court Real Estate West Kowloon Mobil MastercardAGroup senior co-director Guo Yongfeng said that Mei Foo Village4broadway115middle floorBroom, practical area approx.572Square feet, separated by two rooms, looking out onto the garden.

Guo Yongfeng pointed out that a visitor from outside the area had been looking for bamboo shoots through the Lijia Court Zhenpanyuan platform. He had been viewing the property for nearly half a year, and was introduced to the address by an agent. After viewing the property, he felt that the unit was well maintained, the partitions were suitable, the inner garden was quiet, and the surroundings of the housing estate were daily. The supporting facilities were quite complete, so it was sold back to the market.It is understood that the original asking price of the unit638Ten thousand yuan, and finally ended up with562Selling for 10,000 yuan, reduction in price76Ten thousand yuan or nearly12%the price per square foot is about9,825Yuan.

It is reported that the original owner was earlier than1987Years to approx.62Purchased units for 10,000 yuan, holding approximately36year, the current resale book profit is approx.500million, the property appreciated significantly during the period by approx.8times.Guo Yongfeng added that the housing estate currently has approximately700For a listing, the minimum admission fee is approx.450Ten thousand yuan.

Take a look at Mei Foo Sun Estate in Lai Chi Kok (House730)

The original article was published on AM730