Braemar Hill Mansions discounted HKD $5.2 million and Park Island discounted 7.5% of the price per month
Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum)Double spicy stamp duty draft formally adopted,the Government continued to implement spicy strokes have a clear standpoint,the buyers and sellers no longer wait anymore,the owners of second-hand property in Hong Kong Island,Kowloon and New Territories have changed the mind on the asking price,while some buyers see the prices have lowered,also accelerated the determination to buy the property.There are owners of North Point Braemar Hill who cut 16.25% of the price (about HKD $5.20 million)after the implementation of the spicy trick to HKD $2.680 ten million and changed hands.
Centaline Lee Siu Lam said that,Flat A,Upper Floor,Tower 14,Braemar Hill Mansions,Mid Level of North point,with an utility area 1,297 feet,three bedrooms with separate maid's room interval and even with a parking space,the asking price of HKD $3.2 ten million in the earlier of this year,when he saw the property spicy trick finally passed,faced the reality and cut HKD $5.2 million of the price to HKD $2.680 ten million changed hands,discounted up to 16% in just a month,the price of HKD $20,663 per sq.feet,the buyers are living in the same area who wanted to change their flat,due to the fact that the owners are willing to discount the price greatly,then abandon the sidelines,buy it for their own home-use Original owner spent HKD $1.7 ten million to buy the unit with parking space in October 2007,got the profit of HKD $9.8 million,the appreciation of 57.6%.
In addition,Ricacorp Cheung Ka Wing pointed out that Flat A,Upper Floor,Tower 2,Scenic Garden,the West of Mid-Level,with an utility area of 1,397 feet,the original asking price of the owners was HKD $2.6 ten million at the end of last year,by mutual negotiation,the owners willing to discount HKD $1.25 million (decrease of 4.8%) of the price to HKD $2.475 ten million with car park and changed hands.The original owners spent HKD $2.453 million to buy the unit in August of 1989,the appreciation of more than 9 times.
Repulse Bay Bungalow sold in HKD $3.28 billion
Meanwhile,there are mansions on Hong Kong Island put on sale as early as possible turnaround in the property market occasion,involving No.3 and No.5 connected houses which located in No.56 Repulse Bay Road,Jones Lang LaSalle which responsible for this sales said that the property is currently held by a prominent local family,sold it even with three covered parking spaces,the asking price of HKD $3.28 billion.The connected unit with a salable area of 5,076 sq.ft.,also with 1,544 square feet double roof garden,picking six bed-rooms (including 4 suites)intervals.
The unit which located in the upper floor of Harbour Green recorded 3% lower than the market price
In Kowloon District,18 Property Cheung Wing Lok pointed out that Flat E,Upper Floor,Harbour Green,Tai Kok Tsui Harbour,with an utility area of 484 feet,interval is two bedrooms and one parlor,the original asking price of the owners was HKD $7.3 million,after bargaining,the owners are willing to discount HKD $350,000 of the price,a decrease of 4.8% to HKD $6.95 million and changed hands,the transaction price recorded 3% lower than the market price.It is reported that the original owners bought the units in HKD $5.0 million in August 2010.
Go Northward to the New Territories,Park Island in Ma Wan also recorded discounted cases involving a unit which located in Flat F,Upper Floor,Tower 11.Centaline Wen Shi Yan said that the unit with a salable area of 531 feet,the original asking price by the owners in January was HKD $4.38 million,before the spicy trick passed the legislation on Friday have reduced the price to HKD $4.2 million then the spicy trick passed through the legislation and discounted another HKD $150,000,it have discounted 7.5% of the price in total (about HKD $330,000)within one month,finally to HKD $4.05 million got undertaken by the buyer,with HKD $7,627 per real sq.ft.Original owners bought the unit in HKD $1.97 million in June 2004,the appreciation of 1.1 times.
Villa Esplanada discounted HKD $700,000 of the price in total
On the other hand,Centaline Chan Fai Lun said that Flat H,Lower Floor,Tower 5,Villa Esplanada,Tsing Yi,with an utility area of 863 feet,the original asking price of HKD $9.6 million last year,there are negotiation from buyers recently,after bargaining for a week,the owner
saw the spicy trick passed through the legislation last Saturday,then promised further reduced HKD $400,000 to HKD $8.90 million and sold,reduced 7.3% of the price (about HKD $700,000.Original owners bought the unit in April of 1999,get the book profit of HKD $4.4817 million this time.
In addition,HOS San Wai Court in Tuen Mun Wai sold to the investor who paid with the double stamp duty (DSD).Wells Property Chan Shao Chun said Room 3,Lower Floor,Tower B,San Wai Court,with an usable area of 401 feet,a tenant bought the units without 'property visit'in HKD $2.05 million (Free Market Price),with an average price of HKD $5,112 per sq.ft.Due to the fact that the buyers held more than on property,so therefore have to pay about HKD $40,000 of DSD taxes and buy the unit.The current market rent of the unit was about HKD $7,500,the rental rate of return up to 4.4% per annum.
