2023-11-05 05:28:31
A group of mid-rise two-bedroom units in Fu Keung Court, Lok Fu HOS, was recently sold at a green list price of NT$3 million, making it the most affordable housing unit in recent years. (Information picture)
Foo Keung Court, Lok Fu Home Ownership Co., Ltd. has recently recorded a low-price transaction in the secondary market. The two-bedroom unit has been on the market for 3 months and has changed hands at a cumulative reduction of NT$600,000. The construction cost is the lowest among housing estates in recent years. Century 21 Fushan (Hong Kong) Real Estate Director Huang Zelong said that the bank has recently facilitated the transaction of 8 rooms on the middle floor of Fu Ya Court (Block F) in Fu Keung Court. The unit has a usable area of 401 square feet, with two bedrooms and one living room, and the main view is the garden view to the north; The unit recently changed hands for NT$3 million (the second-highest market price), and the net price per square foot before land premium was NT$7,481.
Bought 850,000 28 years ago without premium
It is understood that the owner of the unit put it on the market three months ago. The original asking price was 3.6 million yuan, but the final price reduction was 600,000 yuan, a reduction of nearly 17%. The original owner purchased the unit in 1995 with an unpaid land price of NT$850,000. It has been held for 28 years and has been resold. The book value has appreciated significantly by NT$2.15 million. The unit has appreciated significantly by more than 2.5 times during the period.
Check out the listing of Fu Keung Court in Lok Fu now (HOUSE730)
The original article was published on AM730
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