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 foreign owners lost 4 million yuan in regarding 4 years.
Zhongyuan Huo Baixiong said that the property market has a strong wait-and-see atmosphere, 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 regarding 990 square feet. The original asking price was regarding 12 million yuan, and the final price was reduced by 100 yuan. Sold for 10,000 yuan, the transaction price per square foot is regarding 11,111 yuan. The original owner purchased the unit in 2018. The transaction price at that time was regarding 15 million yuan, and the current depreciation is regarding 26.7%.
Conceded 9 goals in the set of three-bedroom households
In addition, some investors in Tseung Kwan O Center decisively stopped losses and left the market. The bank’s Huang Shibin pointed out that the project’s 9 high-rise building C has a usable area of regarding 406 square feet, and the two rooms enjoy garden views. The price per square foot is regarding 15,517 yuan. The original owner bought the unit for regarding 6.49 million yuan in October 2017, and the current book loss is regarding 190,000 yuan. Chung Yuan Wu Kam-kei also pointed out that the three-bedroom apartment with middle-floor F room in Block 6 of the same housing estate was sold for regarding 8.88 million yuan, and the price per square foot was regarding 13,059 yuan.
Ap Lei Chau Haiyi Peninsula, a landmark housing estate on Hong Kong Island, also recorded losses earlier. According to Lu Jinghao, the high-rise room C in Block 8 of this property was sold for regarding 9.8 million yuan last week, with a price of regarding 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 regarding 10.88 million yuan, and regarding 1.08 million yuan has evaporated so far.
Blue-chip two-day trading volume increased by 1.7 times
Property prices have plummeted a lot, and second-hand transactions have picked up slightly. The bank pointed out that the top 10 housing estates recorded 11 transactions in the past Saturday and daily, which was regarding 1.75 times higher than that of 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 once more. Zhongyuan Zhao Hongyun said that the unit is Room G on the lower floor of Fengshan Court, with a usable area of 582 square feet and a cumulative decrease of 3.5 million yuan. It changed hands for only 8.5 million yuan, and the price per square foot is regarding 14,605 yuan.
Further reading:Yahoo real estate property market common sense????????????️
