2023-12-17 08:05:43
Jubilee Garden in Fo Tan has temporarily recorded regarding 2 sales transactions this month, one of which was a substantial loss case.
Although the overall market sentiment has improved, there is no shortage of professional customers entering the market. At the same time, there are also constant loss cases, especially for properties with short holding periods. Ng Ka Kuen, divisional sales manager of Centaline Real Estate New Territories East Luxury Fotan Jubilee Garden Branch, said that Jubilee Garden, Fotan’s launch project, has tentatively recorded regarding 2 transactions this month. The housing estate has recently recorded three mid-floor C rooms, with a unit construction area of 653 square feet and a practical It has an area of 510 square feet and is divided into two rooms. It was originally listed for regarding NT$6.1 million. After negotiation, it was sold for NT$5.65 million. The price was reduced by NT$450,000 or 7%. The practical average price per square foot was regarding NT$11,078.
Losing two goals in a row
It is understood that the new buyer is a mainland professional. Seeing that the housing estate has convenient transportation and the current stamp duty can be “exempted first and then levied”, he decided to purchase the above-mentioned unit for his own use. It is reported that the original owner bought the site for 7.4 million yuan in 2019 and held it for 4 years before changing hands. The current book loss is regarding 1.75 million yuan, and the unit has depreciated by regarding 23.6% during the period. If usage fees are taken into account, the actual loss is expected to be regarding 1.75 million yuan. Leaving the market with 2 million yuan.
Check out Fo Tan Jubilee Garden for sale now (HOUSE730)
The original article was published on AM730
1702858457
#Mainland #professionals #exempted #levied #NT5.65 #million #buy #twobedroom #property #Jubilee #Garden #price #evaporated #NT1.75 #million #years #Secondhand #loss
