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Parc Palais Foreclosure cheaper than 13% sold

Squarefoot Editor  2016-04-27  #Property Hit News
Foreclosure recommendations have expanded the web, so repossessed real estate accelerate deal. Parc Palais in Ho Man Tin thousand feet near a practical primary real estate silver yesterday in the auction the buyer has won multiple group bearing price 29, eventually sold 16.20 million , compared with silver in the primary market offer of 18.70 million which lower 13%.

AA Property auction yesterday introduced a number of repossessed real estate, which Parc Palais Room C, low-level,Block 7, the reserve price of $ 13 million, an area of ​​992 sq ft to calculate the price of the transaction price equivalent to 16,331 feet, close to the market valuation. The original owners in 2011 to $14.47 million to buy the unit, and later taken over by the main silver, 12% of the appreciation of the property during the period.

Foreclosure sub-divided capital spread no bearing price

Another venue is more susceptible to the property market attention as a single shop floor sub-divided field of No. 2 Capital Plaza, Tsim Sha Tsui, is the first launch of the mall auction repossessed real estate, the salable area of ​​about 38 feet, the price of 1.5 million, property no bearing price eventually recovered. AA Property Auctions director, general manager Zeng Jie Jun directed shops "sell Housewives" of the field, and that the record if successfully sold case, is expected to have more financial companies introduced to the market put on sale. According to Land Registry data show that in 2013 single-handedly property jointly acquired by the two owners, sold $4.066 million, the auction price is now less than four percent of the purchase price.

Hong Kong Aberdeen same field Hyperion building blocks of one-sixth of the whole title, yesterday asking price $7.3 million, was eligible for support 14 after the price to $8.35 million yuan turnover, and after the buyer refused to complete the transaction, the ultimate property remake, with $7.5 million deal. In the valuation of the whole block building about $0.1 billion , the lowest turnover of less than five percent of the valuation.

Fung Tak Estate breaking 3 million new high

On the other hand, a new record high against the market trend housing market turnover, Fortune Real Estate King said Chen Xi, Fung Tak Estate in Wong Tai Sin Pik FungRoom 12 mezzanine, practical 531 feet, a few days ago in the Habitat II market with a $3.02 million turnover, so the estate green table price rose through the first "three goals" highs, the price equivalent to 5,687 feet.

Similarly, public housing Cheung On Estate in Tsing Yi also recorded a high turnover, Midland Liang Yuehong said that Western-style middle chamber 8 relating to security, an area of ​​485 sq ft, at Habitat II market price of $2.68 million turnover, this year, is currently the most expensive estates become green table deal , just below last September similar 485 sq ft unit cases a $2.8 million turnover, price equivalent to $5,526 feet.

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