The price of two houses in City One, Sha Tin has been reduced for five times, and the price has finally dropped to “4 goals”. The value has depreciated by 1.3 million in 5 years (more pictures) | Blue-chip housing estates

2023-12-16 01:06:04

The price of two houses in City One, Shatin has been reduced for five times, and the price has finally dropped to “4 goals”. The value has depreciated by 1.3 million in 5 years (more pictures) | Second-hand loss

The blue-chip housing estate Shatin City One recently recorded a loss transaction. Ng Kam-kee, deputy regional sales manager of Shatin City City One Branch, said that the low-floor H room in Block 39 of Phase 4 of the housing estate has a usable area of ​​about 304 square feet, with two rooms separated. , enjoy the open view, sit facing the southeast.

The listing price has dropped by RMB 1.7 million in the past two years.

The original owner offered the unit for sale in January last year at NT$5.65 million. It was put on the market for nearly two years. During this period, the price was reduced five times. In the end, the unit was reduced by NT$1.7 million or about 30%, and was sold for NT$3.95 million, which is about NT$12,993 per square foot.

In 2018, 5.25 million was invested in the market.

It is understood that the original owner purchased the unit for NT$5.25 million in April 2018 and held it for about 5 years. Now it has incurred a book loss of approximately NT$1.3 million when it was resold. The unit depreciated significantly by approximately 25% during the period.
Wu Jinji added that the housing estate temporarily recorded 4 second-hand transactions this month, with an average transaction price of approximately NT$12,793 per square foot.

Check out City One Shatin’s listings now (House730)

The original article was published on AM730

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