2023-11-28 05:25:17
Yuqingxuan high-rise three-bedroom apartment sold at a reduced price of 380,000 yuan and left the market with nearly double the profit after 13 years of holding it｜Second-hand property transaction
Chan Bing-nam, co-director of the West Kowloon Yu Ching Hin branch of Lijia Court Properties, said that Yu Ching Hin, one of the “Four Little Dragons” in Lai Chi Kok, has recently recorded a second-hand transaction for Flat B, a high-rise building. The unit has a usable area of about 554 square feet and is a three-bedroom unit. Inner garden view.
Chen Bingnan said that buyers had earlier searched for their ideal property through the Lijia Court real estate platform. They liked Yu Ching Heen because it is close to the Lai Chi Kok MTR station and has easy access. In addition, there are many shopping malls nearby, with sufficient basic living facilities and units spaced four quarters apart. It was suitable for use, and the inner garden landscape was beautiful and pleasant, so I approached the owner to purchase it. The original owner originally asked for NT$8.8 million, but it finally changed hands for NT$8.42 million, a decrease of NT$380,000 or 4.3%, and the price per square foot is about NT$15,199.
The cost of similar units fell nearly 7% in more than half a year
It is reported that the original owner bought the unit in 2010 for about 4.3 million yuan and held it for about 13 years. Now he has made a profit of about 4.12 million yuan when he resold it. During the period, the property appreciated by about 95.8%.
Information shows that the middle-floor unit B in the same block of the housing estate was sold for NT$9.45 million in April this year, with a price of about NT$17,058 per square foot. Now, the cost of high-rise units has been sold evenly by NT$650,000, or about 6.8%, more than half a year later.
Chen Bingnan added that Yuqingxuan currently has about 189 listings, with the minimum admission fee starting at about 7.38 million yuan.
Check out Cheung Sha Wan Yu Ching Xuan for sale now (HOUSE730)
The original article was published on AM730
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