2024-01-19 02:40:01
Prices for mid- to low-priced properties in the New Territories! A house that entered the market at a high price 5 years ago has lost “2 goals” on its account today | Second-hand market conditions
Second-hand property prices have remained weak in the new year, and mid- to low-priced properties in the New Territories have become the hardest-hit areas, with frequent low-price and loss-making transactions. One of the most damaging cases was a used Pan Xian Hai in Tuen Mun that had been owned for nearly 4 years. The original owner entered the market 5 years ago. Now he had to slash the price by 46% to successfully sell the property, leaving the market with a huge loss of NT$1.96 million.
Ye Jinrong, the district sales manager of the first branch of Centaline Real Estate Tuen Mun Long Mun Phase 2, said that Room R of Xianhai high-rise has a usable area of regarding 339 square feet and a one-bedroom partition. It was originally listed for NT$6.5 million in April 2022. During the period, the price was reduced several times, and recently it was further reduced to NT$4 million. It was finally negotiated by a new buyer, and was finally sold for NT$3.5 million, a cumulative reduction of NT$3 million or approximately NT$46.2. %, the price per square foot is approximately NT$10,324.
Ye Jinrong revealed that the new buyers are people in the area. Seeing that property prices have dropped significantly, it is a good time to buy a property. Recently, he compared four properties and found that Xianhai is new, the location is quiet and prosperous, and in Tuen Mun The south has development potential. Seeing that the price of the above site is attractive, I will undertake it for my own use. The original owner purchased the unit for NT$5.46 million in April 2019 and held it for nearly 5 years. The current resale book loss was NT$1.96 million. The property depreciated significantly by approximately 35.9% during the period.
PARK YOHOOpen households fell below “3The ball changes hands
Li Ka Court Real Estate Yuen Long – PARK YOHO Jun Luan branch manager Tang Kai Lam said that Room E, a high-rise building in Tower 15B, PARK YOHO GENOVA, Phase 2A, Jun Luan, Yuen Long, has a usable area of regarding 251 square feet, with an open layout and an internal garden view. The new buyer originally rented PARK YOHO and is a branch family in the area. Because he wanted to live close to his family and take care of them easily, he started looking for nearby properties earlier. However, due to the tight supply of rental properties in the area, his favorite unit was taken away once more. During the period, he saw Property prices have fallen, giving rise to the idea of renting to owning. After inspecting the property, I fell in love with the unit on the site. The company maintained the new property and negotiated the price with the owner. Finally, it was accepted for NT$2.95 million, which is regarding NT$11,753 per square foot.
It is reported that the original owner purchased the unit for NT$4.2 million in 2020 and held it for regarding 4 years. He has now incurred a loss of NT$1.25 million on resale, and the price of the unit has dropped by approximately 29.8% during the period. Tang Qilin added that there are currently regarding 260 housing estates for sale, with the minimum admission fee starting from NT$3.2 million.
Huilang one bedroom 8Annual loss 9%
Hu Yaozu, senior regional sales manager of Centaline Real Estate Ma’anshan Yinghai Yufeng Branch, pointed out that Ma’anshan District temporarily recorded regarding 37 second-hand transactions in January, an increase of regarding 50% from the same period last month, of which Huilang accounted for 2 transactions, and the latest 2 mid-rise transactions were recorded Room B07 has changed hands, with a usable area of regarding 293 square feet and a one-bedroom partition. The original asking price was regarding NT$4.3 million, but it was recently sold for NT$3.98 million, a cumulative decrease of NT$320,000 or regarding 7.4%, and the price per square foot is regarding NT$13,584.
It is reported that the new buyer is a passenger on the bus. The original owner purchased the unit for NT$4.35 million in 2016 and held it for regarding 8 years. The book loss was NT$370,000 when it was resold, and the unit depreciated by approximately 8.5% during the period.
Very low-rise apartments in Lucky Center are undervalued by nearly 15%sell
Guo Jianmin, senior regional director of Shatin District of Lijia Court Real Estate, said that Room G on the very low floor of Bolin Court in Shatin Good Luck Center has a usable area of regarding 326 square feet. It is basically a one-room apartment with city views. The original asking price was NT$3.9 million, but it was finally sold for NT$3.55 million, a cumulative reduction of NT$350,000 or regarding 9%, and the price per square foot was regarding NT$10,890. According to the online valuation of this unit by large banks, it is approximately NT$4.08 million to NT$4.15 million, and the transaction price is approximately 13% to 14.5% lower than the estimated value. It is reported that the original owner bought the unit for regarding NT$3.32 million in 2014 and has held it for regarding 10 years. He only made a profit of NT$230,000 when he resold it. The unit appreciated by regarding 6.9% during the period.
The original article was published on AM730
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