28/5/2018-9

Repulse Bay Road Po Yuen Court 125 million change hands

The luxury residential market continued to be active, market sources revealed that No. 93 Baoshuiyuan, Repulse Bay Road, changed hands at about RMB 125 million, and the industry’s hosting value increased by 95% in 11 years.

The price of 49,000 yuan increased by 95% in 11 years

According to statistics, the relevant area of the bungalows is about 2,526 sq. ft., and about 685 sq. ft. of gardens. If the transaction price is 125 million yuan, the price is about 49,485 yuan. The original owner had purchased about RMB 64 million as early as in 2007. The holders of the goods had profited from the book of RMB 61 million during the 11-year period and had appreciated by 95% during the period. It is reported that the transaction was conducted in the form of company equity transfer, and the buyer could save up to about 37.5 million yuan in hot taxation.

Another branch of Centaline Real Estate Manager Liang Zhiren said that the Western District Vierzon extremely high-level room C, a practical area of 1,208 square feet, is a three-room and even suite interval, to enjoy the entire sea view, just changed hands with 36.67 million yuan, the price 30,361 yuan.

Liang Yizhi, the original owner in 2011 to 3,538.8 million yuan holdings for 7 years, the book profits 1.288 million yuan, unit appreciation 3.6%. However, the owner’s purchase price was even double-car parked, and the market value of the two car parking spaces was about 9 million yuan, which was a profit of more than 10 million yuan.