The most expensive of Foreclosure, Conduit Road 39 sold 0.1 billion

hot real estate sector has an unmistakable words "The King of Asia House" the first day of the Meeting repossessed real estate, yesterday at auction, by order of 7 price to $108.3 million turnover, compared with the previous owners of the registration price low two percent, becoming the building has always been "first blood", but is still expected to become one of the most expensive cases in recent years successfully sold in private auctions of repossessed real estate. There are rumors that the buyer is called "Financial thank" the exchange of financial information founder Tse Shiu Hoi.

The auction of Room B,39/F Conduit Road 39 connected to a parking space, yesterday by 21 century surveyor push shot. The directors Han Sheng Cai said after the auction, the reserve price for the property 98 million, attracted a total of 5-6 group of prospective buyers to attend. Property Initially each port price of $2million , the price and the rear bearing to $108 million Cheng price when slow, then gradually reduced the price per port of $0.1 million, to $108.3 million final deal.

Cheng price 7 feet $43,740 price of the transaction

Property price has won the Order of 7, 10.5% higher than the reserve price, the salable area of ​​2,476 sq ft per unit basis, the price equivalent to $43,740 per feet. Chua did not disclose the identity of the buyer, but the buyer refers to positive performance in the auction, has three bearing price, but this time prices of around 10% lower than the market price, but the price expected for the past three years, auctions of repossessed real estate cost one of the new high.

After the auction ended, a nearly 60 years, the Department of Finance news seemingly founder Tse Shiu Hoi attendees (see figure) emerged from the signing of the parallel to the lift lobby, and refused reporters access, when the elevator door, he nervously walked into the elevator, reporters asked whether the day came when the buyer sinks angrily, "Do you want to get mad at me squirt?" more shots pushed reporters, with the completion of the elevator door, then went away.

market who reflect, called "Financial Tse" Tse recently had a day to visit the Department of flats repossessed real estate units, but in recent years, he no lack of large mansion replacement, last year in the Mid-sell The Mayfair cash $113.8 million, also buy early over the same area name Ha Albany.

Unit purchase price compared with the previous owners depreciate 6.6%

The original owners of the property, the mainland passport holders surnamed Yin, on behalf of the company at the end of 2013 nearly $134.9 million to buy the unit, and the unit will have arrived by the borrower up to 3 times, until this month allegedly because outages and the main silver took over the property, the property transaction to date 19.7% devaluation of the book. But look up market data, when the original owners enjoy buying developers up to 16% rebate, the actual purchase price of about $116.2 million, the figure is still the property devaluation of 6.6%.

Property repossessed by the existing trend to put on sale 120 property

Han Sheng Cai said that this year there is an increasing trend repossessed real estate, the number grew by nearly double that about 120 repossessed real estate put on the market, among them $ 20 million to $ 30 million in property, but compared to 1997, more than ten thousand gang Property repossessed situation emerged still not that much, is expected to have 150 silver until the end of the primary real estate. He described the recent silver main meeting web beginning to see progress, coupled with the market mainly for home use, so that the main Foreclosure "comes and goes fast."

Statistics show that Yin's head and this time holding still holding the main silver layer A room with real estate, the same 2,476 feet of salable area, at the end of 2013 to more than $135 million to buy, according to the Land Registry data show that the same owners it repeatedly against the press, like "cash machine", Tsai Han expressed in liters, not yet heard of the unit by the main Foreclosure over the news.

Mid-West super Hao REF day exchange, due to the end of its specialties households recorded a price per square foot of more than 0.1 million transactions, therefore Ying's "Asian floor king" reputation, but a lapse of less than six months, the real estate will have its first repossessed Property between calendar months the property market "rainbow night."