squarefoot 5平方 Logo

Novo Land’s first bank-owned unit sold at $5M discount | HK Weekend Property Market Recap

Squarefoot 编辑部  2024-05-29  333 #影片

Last week in Hong Kong property, a two-bedroom unit in Tuen Mun's Novo Land Phase 1A came under bank control due to the owner's imprisonment and inability to continue mortgage payments.

The flat was originally purchased by the owner in 2022 for about HK$6.57 million.

The bank attempted to auction the unit twice, with the most recent auction starting at a base price of HK$4.1 million.

It was finally sold for HK$5.1 million, at about HK$12,200 per square foot, marking a drop of HK$1.47 million or more than 20% from the transaction price about two years ago. 

免责声明:凡注明 Squarefoot编辑部 的所有文字图片等资料,版权均属 7广告有限公司 所有,转载请注明出处;文章内容仅供参考,不构成投资建议,也不代表 Squarefoot 赞同其观点。文中所涉面积,如无特殊说明,均为实用面积。文中出现的图片仅供参考。

分享至Facebook

分享至Whatsapp

以电邮分享