Yingwan Park sales are low in each of the 9623
The outlook for the global economy is unclear, and some owners believe that the market outlook is unpredictable and they have to cut prices. The low-rise units in Yingwan Park in Tung Chung were sold at a price of $9.2 million. The price of the estate was the lowest in the past six months after January this year.
Chen Jicheng, senior regional sales manager of Zhongyuan Real Estate, said that there are 3 rooms in the lower floor H room of Yingwan Park, with a usable area of 956 square meters, and even the lease is on sale. The original owner released the price of 9.4 million yuan in October last year. Recently, the price was reduced by 200,000 yuan to 9.2 million yuan. The price was about 9,623 yuan. The price of the house was the lowest in the house in January this year.
Chen Jicheng added that the original owner felt the impact of the Sino-US trade war, and the property market trend was difficult to predict, and decided to cut the price and earn the exit. It is reported that the original owner was bought and rented in 7.5 million yuan in 2016, and the book profit was 1.7 million yuan, an appreciation of about 22.7%.
Jiahu 3 room price is lost again
In addition, the Kingswood Villas in Tin Shui Wai also sold flats for $400,000 in a few days and sold them at a low market price of over 3%. Wen Jiahui, deputy regional sales manager of Zhongyuan Real Estate pointed out that Jiahu Mountain Villa has a 3-room unit in the middle floor of Room A, with a practical area of 638 square meters. The original owner reduced the price by 400,000 yuan in just 4 days, and changed hands to 6.28 million yuan.
Wen Jiahui said that the average price of similar units in Jiahu Resort is about 10,188 yuan, and the transaction price of the above units is about 9,843 yuan, which is about 3.4% lower than the market price. It is reported that the original owner was bought in 2014 for 3.86 million yuan, and the current book profit was 2.42 million yuan, an appreciation of about 62.7%.
Yuen Long Village House 800,000 auctions
In addition, the loyalty auction house yesterday took the lead in the auction of a village house unit located on the 2nd floor of Block B, No. 38, Xiangshuiwei, Yuen Long. The utility area is about 105 square meters, even the 105 square roof, with a price of 800,000 yuan. However, no buyers have bidding and eventually recovered the property.
Apart from residential housing, the carpark also saw “low water" transactions, and the cost dropped more than 20% from last year’s high. Chen Huilin, regional business manager of Zhongyuan Real Estate, said that a double-numbered parking space on the 5th floor of Yingchuang Peninsula in Tsing Yi was originally sold at a price of 3 million yuan. It was released for about 3 months. Recently, the price was reduced to 2.48 million yuan. The transaction price hit a new low of nearly one year. Chen Huilin said that if compared with last year’s high of 3.23 million yuan, the transaction price dropped by 750,000 yuan (about 23.2%), a record low for nearly a year. It is reported that the original owner bought the parking space in 2011, the price is 800,000 yuan, and the book profit is 1.68 million yuan.