A 2-bedroom unit on the lower floor of Ka Ning Building in Shatin changed hands for $3.9 million (plus today’s latest transaction)

2024-04-17 08:29:53

A 2-bedroom unit on the lower floor of Ka Ning Building in Shatin changed hands for $3.9 million

Hou Huiliang, the sales manager of Centaline Real Estate’s Shatin City One division, said that after the withdrawal of spicy food, the overall transaction volume has improved significantly. However, recently, the first-hand transaction has slightly taken away the market focus, and the pace of second-hand transaction has slowed down. Shatin and Tai Wai districts have temporarily recorded approximately There were 56 second-hand transactions, a month-on-month decrease of about 50%, of which Shatin Center accounted for about 3 transactions. The latest housing estate to be listed is Room D, low-floor, Ka Ning Building (Block F), with a unit construction area of 377 square feet and a usable area of 301 square feet, 2 The asking price for the room-divided property was about $4.2 million. After recent price negotiation, it sold for $3.9 million, with an average practical price of $12,957 per square foot.

It is understood that the new buyer is a passenger who bought the unit for his own use after seeing that the price of the unit was reasonable and the space was suitable. The original owner purchased the unit in 2010 for $1.8 million. He changed the name in 2023 and held the unit for about 14 years. The unit was sold with a book profit of about $2.1 million and the unit appreciated by about 117%.

Further reading: Sha Tin City One Jian Ning Building

A 3-bedroom house in Tung Chung Eastern District changed hands for $6.9 million, with a practical square foot price of $11,597

Fang Jihe, senior regional manager of Midland Realty Tung Chung – Ying Wan Hui Branch, said that the transaction unit is a high-rise 3-room unit in Tower 3A, East Wan, Tung Chung, with a usable area of about 595 square feet, a 3-room partition, and an open kitchen design. It is reported that the owner put the property on the market in March this year, with an initial asking price of $7.38 million. The new buyer is from outside the district and has been viewing properties in Tung Chung District for nearly a month. He had also paid attention to other distinctions before, but felt that the building in Tung Wan was relatively new. Looking forward to the close proximity of the Tung Chung East Railway, coupled with the attractive listing price, and the good landscape and other facilities, the unit was taken over for $6.9 million after negotiation, and the average price per square foot of usable area is about $11,597.

Information shows that the original owner purchased the unit for $7.17 million in 2020.

A 3-bedroom apartment with sea view in Park Island, Ma Wan was sold for $6.2 million

Ling Guangsheng, senior sales manager of Midland Realty Ma Wan-Park Island Branch (3), said that the transaction unit is Room G, a high-rise building in Block 26, Park Island, Ma Wan, with a usable area of about 591 square feet, a 3-bedroom partition, facing the southwest and enjoying sea views. . It is reported that the unit was priced at $6.5 million earlier, and the buyer was a branch family in the area. He was optimistic about the market outlook, so he accelerated his entry into the market. The price was negotiated at $300,000, and it was sold for $6.2 million. The average price per square foot of the usable area is about $10,491, which is at the market price level.

Information shows that the original owner purchased the unit for $6.59 million in 2016.

A low-rise 2-bedroom apartment in Cityview, Tsuen Wan, priced at $22,000, is tenanted and the owner enjoys a rental return of about 8%

Leung Chung-wei, senior divisional sales manager of Midland Realty Tsuen Wan-New Tsuen Wan branch, said that the transaction unit is a low-floor Room D in Tower 5, Grandview Peak, Tsuen Wan, with a usable area of about 522 square feet and a 2-bedroom partition. It is reported that the rental market in the area is eager. The unit was previously offered for rent at $22,000. The previous tenant had just moved out, and the owner had not completed the basic facilities. It was rented by the tenants in the area with “zero negotiation”, and the usable area was average. The price per square foot is about $42, and it is the 95th rental transaction in Tsuen Wan City this month.

Information shows that the original owner purchased the unit for $3.287 million in 2007. Based on the current rental value, the rental return is approximately 8%.

A 3-bedroom apartment in Haitian Peak in North Point was sold for $54,800 per month

Xie Guoan, senior sales manager of Midland Realty North Point Branch, said that the bank has just completed the purchase of a high-rise unit A in Tower 1, North Point Haitian Peak. The usable area is about 998 square feet, the built-up area is about 1,439 square feet, and there are three bedrooms with suites. The court is located in the traditional luxury area of Mid-Levels in North Point. The quality of the housing estate is ideal and the units are spacious and practical. Therefore, it is favored by tenants from other areas. The monthly rent is $54,800. The average rent of the usable area is $54.9, and the average floor area is $54.9. Lease is $38.1.

The owner purchased the property in July 2003 for about $8.23 million. If calculated based on the current rent, the rental return of the unit is about 8%.

Sha Tin Wei Wah Center changed hands for $5.8 million after negotiation. The original owner left the site with a loss of about $900,000.

Li Zongwen, the regional sales director of Centaline Real Estate Shatin City Center Branch, said that he recently secured a middle-floor F unit in Tower 3 of Wei Wah Center in Shatin. The unit has a usable area of 358 square feet, a built-up area of 483 square feet, and two bedrooms. The asking price is about $6.2 million, which will be reduced to It was $5.9 million and changed hands for $5.8 million after recent price negotiation. The average price per square foot of usable area is $16,201.

It is understood that the new buyers are owners. Seeing that the price of the units is reasonable, they seize the opportunity to buy the units for themselves. The original owner purchased the unit in 2018 for $6.7 million and held it for about 6 years. Now it is resold with a book loss of about $900,000. The unit has depreciated by about 13.4% during the period.

A three-bedroom apartment in King Shing Court, Fanling, changed hands at the market price of $3.3 million after price negotiation.

Chua Tian-chi, manager of Centaline Real Estate Fanling Bihu Garden Branch, said that the transaction unit is Room 04 on the middle floor of Block C, King Shing Court, Fanling. The unit has a usable area of 546 square feet, a built-up area of 748 square feet, and three bedrooms. The asking price is about $3.4 million. The price has been negotiated a few days ago. Later, it changed hands with the second-highest market price of $3.3 million, and the average price per square foot of usable area was $6,044.

Zhongyuan’s Cai Tianci pointed out that the new buyer was Baiju Erke. Seeing that the price of the unit was reasonable and there were few listings, he decided to buy the unit on the market for his own stay. It is understood that the original owner purchased the above address in March 1996 for $842,000 and held it for 28 years. The unit was sold with a profit of approximately $2.458 million and the unit appreciated by 292%.

Further reading: Bihu Garden King Shing Court Fanling

Tseung Kwan O Hoi Yue Mansion Tower 2 Mid-low-rise 2-bedroom apartment exchange for 1-bedroom for 2-bedroom apartments for $5.6 million

Huang Shaoming, regional manager of Midland Realty’s Tseung Kwan O Sun City Branch, said that the property market is heating up, attracting some property buyers to accelerate their entry into the market. The bank has just facilitated a transaction in Harbor View Mansion in Tseung Kwan O. The unit was exchanged and the tenant bought it for himself for $5.6 million, equivalent to a usable price of about $12,963 per square foot. Compared with the average price per square foot of housing estates, it has increased by nearly 5%, showing a rebound trend.

Wong Shaoming pointed out that the above-mentioned transaction unit is Room D, mid-low floor, Tower 2, Harborside Gardens, Tseung Kwan O, with a usable area of about 432 square feet and a 2-bedroom partition. It is understood that the owner’s original asking price was about $5.95 million; as for the buyer, he was a downsizer who had just sold a 1-room Home Ownership House. His favorite unit had a comfortable environment and good layout, so he took over the unit to live in for $5.6 million, which is equivalent to a usable square foot price. Approximately 12,963. This is an increase of approximately 4.7% compared to the average price per square foot of approximately $12,381.

Referring to the transaction data, the original owner purchased the above-mentioned property for $3.16 million in October 2011 and held it for about 13 years. The book profit of this resale was approximately $2.44 million, or approximately 77.2%.

Further reading: Haiyue Mansion new capital city Haoyuan Tseung Kwan O

The free market price of a high-rise 3-bedroom apartment in Block 2 of Hongsheng Garden was $3.35 million.

Lin Jianwei, senior district sales manager of Midland Realty’s Tseung Kwan O Sun City Phase 2 branch, said that some buyers of white houses are looking for units in the area to enter the market. The bank has just facilitated the transaction of a 3-bedroom unit in Hongsheng Garden, and the buyer Bai Juer took over the unit at a free market price of $3.35 million.

Lin Jianwei pointed out that the above-mentioned transaction unit is Room H, a high-rise building in Block 2, Hongsheng Garden, with a usable area of about 589 square feet. It has 3 bedrooms and 2 living rooms, and faces the northeast. It is reported that the seller’s opening price was $3.7 million, and the buyer was a qualified person with a white residence. His favorite unit was located on a high-rise with an open view, so he decided to take over the unit to live in after viewing the property twice. After negotiation, the transaction was completed at the free market price of $3.35 million. The equivalent practical price per square foot is approximately $5,688.

Referring to the transaction information, the original owner purchased the above property for $360,400 in July 1988 and held it for about 36 years.

The monthly rent for a 1-bedroom apartment in the very high-rise building at No. 1 Kowloon Road is $15,500.

Huang Qinglong, senior regional director of Hong Kong Real Estate Olympic Station Haitaowan Branch, said that the bank recently facilitated a leasing transaction at No. 1 Kowloon Road. The new tenant rented a 1-bedroom unit for about $15,500. The usable square foot lease was $51.5, which was about 5% lower than the market price. %.

The above-mentioned rental unit is a very high-rise building at No. 1 Kowloon Road, with a usable area of about 301 square feet, a one-bedroom unit, and a beautiful view to the southwest. Huang Qinglong pointed out that the owner offered the lease for about $16,500 for one month and was approached by a customer from outside the area. After negotiation, the transaction was settled at $15,500, which is equivalent to a usable square foot lease of $51.5, which is about 5% lower than the market price. It is reported that the new tenant is a professional, and the unit he likes is a semi-new building and is clean, so he decided to purchase the unit after viewing the property once.

Information shows that the owner purchased the above unit for approximately $6.869 million in May 2019.

A 2-bedroom unit on the lower floor of Ka Ning Building in Shatin changed hands for $3.9 million (plus today’s latest transaction)