The future of the property market is unclear, the public’s willingness to change flats has declined, and the acceptance of foreign houses has slowed down
One of the houses at No. 6 to 10 Moxingling Road, Pok Fu Lam, sold for $ 12 million, changed hands for $ 68 million, sold for $ 26,034 per square foot, and was about 10% lower than the market price.
The outlook for the property market has not been clear, and the undertaking force for houses has slowed down
Gao Peng of Zhongyuan Real Estate said that the saleable area of the house was 2,612 square feet, with a four-bedroom interval, and the original asking price was 80 million yuan, which was sold after a 15% reduction. It is understood that due to the influence of the social atmosphere and the tense situation in the Middle East, the original owners are likely to drag down the overall economy, so they decided to lock in their profits and cash out first. The purchase price of the last site in 2001 was 11.5 million yuan, and the 19-year book profit of holding the goods was 56.5 million yuan, an appreciation of about 4.9 times.
Recreation Park depreciates by 11% over four years
In contrast, a number of similar properties in the New Territories recorded loss cases. According to the Land Registry, a single-family house in Tai Po Hong Paradise changed hands for 38.5 million yuan. The original owner entered the market for about 43.34 million yuan in one to five years. The price dropped by about 4.84 million yuan or 11%. The actual area of the site is 2,520 square feet, with a large garden, and the price is 15,278 yuan. The registered buyer is OR CHUN PING DECADE, which is the same as the English name of Kezhenping from Asia International Restaurant Group.
Century 21 Qifeng Liao Zhenxiong also pointed out that the single-family house in Maotuo Village, Saigon, has a building area of 2,100 square feet, separated by four rooms and two living rooms, with an area of about 700 square feet. The original asking price was 23 million yuan, a cumulative decrease of 3 million yuan or 13%, and the buyer finally bought it for 20 million yuan, and the price per square foot was 9,524 yuan. The property was purchased by the original owner for 20.3 million yuan in 2010, and the holding value of the property was about 300,000 yuan.