A house involved in unauthorized construction in Hongshan Peninsula was put on the market at a low-key price of 138 million, purely to test the market reaction.

2023-11-07 07:10:45

After the unauthorized construction incident in Hongshan Peninsula, according to market news, one of the bungalows involved in unauthorized construction was recently put on the market in a low-key manner, with an asking price of NT$138 million. Some agents in the region pointed out that the sale may be purely to test the market reaction. After the unauthorized construction incident, only one silver master transaction was recorded in the second-hand transaction of housing estates.

this newspaperreportedFour detached houses in Hongshan Peninsula, including Nos. 70, 72, 74 and 76, were involved in unauthorized construction. The relevant owners were issued clearance orders by the Buildings Department and ordered to stop occupying the land. The latest market news indicates that one of the bungalows involved in unauthorized construction has been put on the market in a low-key manner recently. It is understood that the bungalow has an area of ​​3,013 square feet, with 4 bedrooms and 2 suites, and has a garden of 1,020 square feet. The current asking price is 138 million, and the average price per square foot is 45,800.

An agent in the region told local media that the owner purchased the house through the company’s share price equity transfer model in 2019, with the purchase price at that time being approximately 90 million. Agents in the area continued to point out that there are still many follow-up problems following the previous landslide. It is expected that the owner will not be able to sell the property following the listing. I believe it is purely to test the market reaction.

Since the unauthorized building incident, the second-hand transaction of this housing estate has only recorded one silver master transaction. The unit is a two-storey house in Songbai Lane, with a usable area of ​​3,142 square feet, including a garden of 834 square feet, priced at 60 million. It changed hands, and the price per square foot was regarding 19,000.

The original article was published on AM730

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