North Point city treasury erodes 82% in 6 years

Information from the Land Registry shows that North Point City Treasury Shops 253 and 254 have a total saleable area of 103 square feet

The original owner bought it for about 5.261 million yuan in 2013, and this time the resale book substantially eroded 4.311 million yuan, depreciating 82% in 6 years.

Secondly, shop 276 on the first floor of Tuen Mun No. 1 terminus was bought by investors for about 2.498 million yuan in 2014

and just sold for 680,000 yuan. The five-year holdings of the account gave 1.818 million yuan, which depreciated 73% during the period.

On the other hand, the Land Registry’s funding showed that the original owner of Sheung Shui Xianfeng Double Car Park bought it for 1.1 million last year

just resold it for 900,000 yuan, held the stock for more than a year, and lost about 200,000 yuan in book losses. Market, depreciation of about 18%.


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