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Due to the affect by the 'Occupy Central',owner of The Belcher's have sold the unit with the discounted price of over a million

Squarefoot Editor  2014-10-10  #Property Hit News
After 'Occupy Central' event,the mentality of putting the units up for sale have really changed,attitude of some buyers have become more cautious when compared to the earlier days,some expressed concern of the political instability, temporarily to wait and see attitude.The discounted transactions emerging on the markets,of which the owner of The Belcher's have sold the 2-bedrooms unit with the discounted price of over a million. Central mansion STATELYHOME Leung Wai Ling said,Branch transactions which recorded recently was a unit located in Flat E,Upper Floor,Tower 5,The Belcher's,with the utility area of 1,111 square feet, 1,409 square feet of floor area, the unit changes after the interval for two rooms,with the decoration, the owners asking price of HKD $2.3 ten million,willing to cut the price of one million after the final bargaining,the transaction price of HKD $2.2 ten million and changed hands equivalent to the average price per square foot of HKD $19,801.Original owners bought this unit with the price of HKD $1.065 ten million in March 2009, hold stocks for five years and six months, the book profit of HKD $1.135 ten million,the unit appreciation over 1 times. Scenery Court have recorded the first transaction this month due to the fact that the owners are willing to reduce the price The same genus mansion Scenery Court in Sha Tin Wei Garden also reduced HKD $300,000 of the price and changed hands.Centaline mansion Du Man Chun,said due to the affect by the 'Occupy Central' recently,some buyers have the hesitant attitude to buy the property,coupled with the second-hand property market focus was snatched by the new property market,so it cause the tradings stagnant, some of the owners only to expand the bargaining space in order to accelerate the pace of selling properties,of which Scenery Court have recorded the first transaction this month,the latest transaction recorded was a unit located in Flat D,Lower Floor,Tower 1, the unit with the floor area of 569 square feet,the salable area of 459 square feet, two-room space, the owners asking price of HKD $5.2 million,the two sides after bargaining, willing to reduce HKD $300,000 of the price and transacted with the price of HKD $ 4.9 million,with the average price per square foot of HKD $10,675.Original owners bought this unit with tht price of HKD $3.0 million in June 2010,hold stocks for about four years,with the book profit of HKD $1.9 million and changed hands,the unit appreciated by about 63.3%. In addition, the owners brought the matter closed,only earned and sold the unit, Midland Realty Chong Yin Ho said that,the second-hand property tradings of The Riverpark began to increase after the SSD have been relaxed in the earlier days,the transactions from the group recently was a 2-bedrooms unit of The Riverpark in Sha Tin ,the buyer have spent about HKD $7.08 million to undertake.The unit which have transacted recently was located in Flat F,Upper Floor,Tower 2,The Riverpark,with the salable area of approximately 509 sq ft, two-rooms interval,with about HKD $7.08 million turnover, equivalent price per square foot of usable area of about HKD $13,910.Original owners purchased the unit with the price of about HKD $5.629 million in June 2012,with the book profit of about HKD $1.451 million this time,the property appreciation of about 26%.
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