Yuen Long Shangyue three-bedroom construction cost goes back in time 8 years ago. Grand YOHO two-bedroom price fell by 26% from the high price | Second-hand property transaction

2023-11-15 02:30:18

Yuen Long Shangyue three-bedroom construction cost goes back in time 8 years ago. Grand YOHO two-bedroom price fell by 26% from the high price | Second-hand property transaction

Wang Qinxue, deputy regional sales manager of Centaline Real Estate Yuen Long, said that the transaction volume in Yuen Long District has stabilized, with 28 second-hand transactions recorded this month, an increase from the same period last month. However, property prices have not stopped falling, and the construction costs of individual housing estates have been under pressure. , the owners also have to give up and leave the market.

Shangyue three-bedroom apartment sold for 9697 square feetYuan

Wang Qinxue pointed out that Yuen Long recorded three transactions on Tuesday (14th), including Room C on the middle floor of Tower 1, Shangyue, with a usable area of ​​about 660 square feet and three-bedroom suites. It was sold for NT$6.4 million. The transaction price is for similar units. It is at a new low in 8 and a half years, returning to the level of 2015, with the price per square foot being about 9,697 yuan. The original owner bought the unit from the developer for NT$6.388 million in October 2014 and held it for about 9 years, with a book profit of only NT$12,000. If printing fees and other royalties are taken into account, the material will need to be withdrawn from the market.

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Yuen Long Shangyue three-bedroom construction cost goes back in time 8 years ago. Grand YOHO two-bedroom price fell by 26% from the high price | Second-hand property transaction

Grand YOHOTwo bedrooms reduced by 63Everything changes hands

Wang Qinxue continued that Grand YOHO recorded a loss transaction. The unit is a low-floor C room in Tower 8, with a usable area of ​​about 534 square feet and two rooms separated. The original asking price was NT$8.23 million, which was reduced by NT$630,000, or approximately 7.7%, to NT$7.6 million, and the price per square foot was approximately NT$14,232. Information shows that the cost of the unit on the next floor at the above site reached a high of NT$10.25 million in April last year. That is, about a year and a half later, the price dropped by NT$2.65 million, a drop of nearly 26%.

The original owner bought the unit in February 2017 for 7.958 million yuan and held it for nearly 6 years. Now he has incurred a book loss of 358,000 yuan when he resold it. The unit depreciated by about 4.5% during the period.

Check out Yuen Long Grand YOHO for sale now (House730)

Yuen Long Shangyue three-bedroom construction cost goes back in time 8 years ago. Grand YOHO two-bedroom price fell by 26% from the high price | Second-hand property transaction

The original article was published on AM730

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