North Point Mid-Levels Luxury House Owner Sells for Huge Profit After Holding Stocks for Over 50 Years | Yunfeng Building Listing

2023-11-17 00:48:24

The long-term owner of a luxury house in Mid-Levels, North Point, sold and held stocks for more than half a century and left the market with a huge profit of NT$30 million|More pictures

The property market trend is unclear, and long-term property owners are joining the selling ranks. Chen Jiahong, senior regional sales director of Centaline, said that Room B1 on the middle floor of Yunfeng Building in Mid-Levels, North Point, has a usable area of ​​regarding 1,650 square feet. As can be seen from the photos of the unit, the interior has been handed down, and it enjoys open sea views. It changed hands for NT$30.88 million, with a price of approximately NT$18,715 per square foot.

The original owner purchased the unit in 1968 for regarding NT$115,000 and held it for 55 years. Now he has made a substantial profit of NT$30.765 million on resale, and the unit has appreciated nearly 268 times during the period.

Yunfeng Building is located at 144 to 158 Tin Hau Temple Road, Mid-Levels, North Point. It has 4 blocks and provides 160 units. The salable area of ​​the units ranges from 1,407 to 1,651 square feet.

Check out the listing of Yunfeng Building in Mid-Levels, North Point (House730)

⇊Direct view of Room B1 on the middle floor of Yunfeng Building⇊

The original article was published on AM730 https://www.am730.com.hk/Real Estate/Long-term owners of North Point Mid-Levels mansions sell goods – they have held the goods for more than half a century and left the market with a profit of 30 million – multiple pictures/411883?utm_source=yahoorss&utm_medium=referral

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