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Cannot hold the decline, Kingswood Villas decline 3M

Squarefoot Editor  2016-04-12  #Property Hit News
Lynwood Court two rooms sell 2.8 million, break low record for the year estates

property prices decline, even blue-chip estates also escape unscathed. Kingswood Villas in Tin Shui Wai again fell below the cost of "three balls" (or 3 million), have recorded two new tenant turnover cost $2.8 million, a low record this year the cost of housing estates, and just above the end of three joint proxy $2.6 million purchased Maywood Court "fishing reserve", so that this year recorded a total of four estates of less than $3 million transactions. At the same time, numerous other estates record low market prices and low turnover, property prices still hit new lows.

Yesterday, the agent pointed out, Kingswood Villas Lynwood Court, 5th Floor, Room F Lower turnover, the salable area of ​​442 sq ft, the original owners of real estate put at $2.9 million, $2.8 million turnover ultimately, price equivalent $6,335 feet. Acting means, since the decoration is lacking, viewing in general, it is low cost. As the original owners in 2011 to $1.5 million to buy the unit, hold stocks of nearly five years, 87% of the appreciation of the unit.

Tired of this year recorded a turnover of 4 less than 3 million

Market information, along with the above transaction, the cumulative record year Kingswood Villas about 4 less than $3 million transactions, which in February Rewards Cove 4 E Lower chamber for $2.88 million changed hands, with salable area of ​​the unit 448 ft calculation, equivalent to $6,429 foot price.

Laguna Verde lower price 5% changed hands

Other courts also recorded a low turnover, Ricacorp Chen Jin said, Hung Hom Laguna Verde 12 low-level C, easy to master, the salable area of ​​about 545 feet, the unit in February asking price $7.3 million, $550,000 or near-term reduction 8%, and finally to $6.75 million successfully changed hands, compared with about 5% of the market price, the price is equivalent to about $12,385 Ft. The original owners in 2012 to $5.398 million to buy the site, property appreciation about the period 25%.

Sunshine City See price per square foot year low

Midland Zhang Bohua said Ma On Shan Sunshine City Block G 5 middle room, utility area of ​​approximately 551 feet, the original owners of up to 9 per cent to $6 million turnover, the price is equivalent to about $10,889 feet, a similar estates year low.

TKO Wings II owners to make micro departure. Midland Huang Lizhen said Wings II 1A, Block A Lower chamber, the salable area of ​​about 551 feet, sold about $6.73 million, equivalent to the price of about $12,214 Ft. The original owners in 2013 with the purchase of about $5.8384 million, after the cargo hold full of hands, only about 15% of the appreciation of the book.

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