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Owner who are willing to change flat discounted $3.8 million HKD let sale in order to avoid paying DSD

Squarefoot Editor  2013-09-14  40 #Property Hit News
Hong Kong's Wen Wei Po News ( Reporter Leung Yuk Cum ) 3D heavy taxes plus new properties over customers with low prices and favorable growth,while the market worried about the U.S. delisting,some owners due to double stamp duty (DSD) for flat half-year exemption period is approaching,as seeking to sell goods as soon as possible tax evasion,was forced to split the price of a large North Point Mid-level Braemar Terrace as soon as the customer has for flat shipments,discounted $3.8 ten million HKD( decrease of 19% ) on disposal of property,and the owners of Mei Foo Sun Chuen also just three weeks Axed Price one million HKD ( decrease of 7.1% )to $ 1.3 ten million HKD to let sale. Centraline mansion Chen Ka Hung said that North Point Mid-level Braemar Terrace Upper Floor,Tower 1 connected households,1,436 feet of usable area,the original owners willing to buy another unit about half a year ago,it began to put on sale six months ago,this unit was $ 1.98 ten million asking price but nobody cares about that,recently because of the double stamp duty exemption deadline approaching,the original owners wanted to sell it as soon as possible,so markdowns $3.8 million HKD (a reduction of 19%) to $1.6 ten million changed 'hands,practical ft 11,142 yuan,low price nearly 20%.Original owners took the book profit $5.15 million HKD,the unit appreciated by about 47%. Mei Foo Sun Chuen discounted a million HKD Central Plains Wong Wai Ha pointed out that No. 54 Broadway,Mei Foo Sun Chuen B Lower Floor,on August 22 the owners to put $1.4 ten million sale,see the recent sluggish market conditions,the parties decided to negotiate discounted $ 1 million to $ 1.3 ten million deal,practical ft $9,482 HKD. Buyers outside the area with the family,the original goods industry presided over more than four years,carrying earn $4.782 million HKD. Harbourview in Tai Kok Tsui also have owners regressive $420,000 HKD within one month in order to attract customers.Midland Realty David Chow said the unit of Harbourview located in Flat F,Middle/F,Tower 8,the original asking price of $6.8 million HKD ,but the secondary market was quiet,faced to the reality,and ultimately reduced to about $6.38 million HKD and finally got undertaken,book profit $2.08 million,or 48%. Unit of Discovery Park which bought in 1997 have an appreciation of 19% In addition, Midland Realty Leung Chung Wai said Discovery Park,Flat C,Middle/F,Tower 6 two rooms units,owner discounted $150,000 to $4.2 million HKD changed hands,ft salable area of $​​8,660 hkd. Original owners in April 1997 to acquire approximately $3,539,000 HKD,the appreciation of 19%. HOS also see units on sale,Centaline Chiu Ngo Lin said HOS Yat Nga Court in Tai Po,Room 10,Lower/F.,Block B (Yi Yan House),the owners earlier asking price $4.4 million HKD, after repeated bargaining counter-offer,tired discounted $400,000, price at $4,000,000 HKD in free market changed hands, practical ft $7,067 HKD.The orginal owner hold the property about 8 years and changed hands,book profit of $2.61 million HKD,or 188%.
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