A lower floor unit of Kornhill sold with the price of HKD $7.19 million,this amount of property price can purchase two units of City One
Hong Kong's Wen Wei Po (Reporter So hung Chung)The property prices in Hong Kong to resume its rally,the property prices index climbed to a new high record of 249.8 points(see another version),the trend of grabbing property have spread to HOS flats,creating new king of HOS was born.Quarry Bay flats Kornhills a low-level households,recently valued HKD $7.19 million,10% higher than the market price and changed hand,so that it cause the asking price of HOS in Hong Kong rose to HKD $7.0 million for the first time.According to online banking valuation,the unit valuation of about HKD $6.61 million,so this made the highest bid valuation of 9%,the amount of property price was sufficient to purchase two units of City One in Shatin.
The units which involved in small and medium amount of prices were welcomed by the buyers continously in recent months,the news of insane property price of HOS units keep on launching out on the market,'blue-chip' of HOS Kornhill latest refresh their old record.Market sources,the unit which have created a new high record was located in Flat C,Lower Floor,Tower 5,with an utility area of about 590 feet,with three-bedrooms interval,newly free market price of HKD $7.19 million in turnover,first break through HKD $7.0 million of HOS flats in Hong Kong,which have recorded the most highest property prices of HOS in Hong Kong. As for the price per square foot up to HKD $12,186,but also enough to board the Hong Kong Island HOS records Original owners earned HKD $3.2 million,the property appreciation of 80% during the period of time.
A unit which with hotel-view,transacted with the price of 10% higher than the market price
Centaline agent in the region Yeung Man Kit introduce the housing estate lots can be comparable with blue-chip estates KORNHILL in the same district,but the price is attractive than it,'when a three-bedrooms unit of KORNHILL needed HKD $8.0 milion,this is only HKD $7.0 million,so that we can see the gap',it makes KORNHILL was welcomed by buyers and breaking records,but this cost is about 10% higher than the market price.
However,he refers to the unit of this new record,but the landscape is not 'good enough','Flat C of Tower 5 with a view of King's Road, a few years ago may also beheld the sea,but it is currently being built across the street in a hotel, he unit should be only saw opposite the hotel room'.The original owners put the unit up for sale in February this year,when the asking price of about HKD $6.7 million, until April to see signs of improvement in market conditions then entertained sale,he estimated that new buyers may be the owners of unit in the same block.
The most expensive HOS flats,KORNHILL recorded nine out of ten
KORNHILL belongs to the larger scale residential project in Hong Kong Island, providing a total of more than 2,100 units,but the units which put up for sale currently were less than 30.Yeung man Kit refers to the unit even with the premium admission fee was located in lower floor,Tower 4,with 2-bedrooms interval,the asking price of HKD $5.35 million.
KORNHILL challenge the new high record frequently in recent years,the latest new high record of HOS flats,was a unit located Flat C,Upper Floor,Tower 5,with the asking price of HKD $6.95 million,thte price per square foot up to HKD $11,800.Look up market data,the top-ten position of the highest asking price of HOS flats in Hong Kong,KORNHILL accounts for its nine seats,priced from HKD $6.4 million,called 'Tai Koo Shing' of HOS flats.
The Eastern district were welcomed by the buyers which have recorded a new high frequently
In fact,a single count of HOS in Eastern area,it have recorded a number of transactions which have recorded a new high continuously nearly a month,Shau Kei Wan Shing Court Room 3 senior signed the provisional sale and purchase agreement the day before,the free market price of HKD $4.787 million and changed hands,the price per square foot up to HKD $11,762,breaking the record high of this housing estate.As for Room 2,Lower Floor,Block D,Tao Ying Tung Tao Court House in the same district,with the free market price of HKD $5.58 million turnover,the real price per square foot up to HKD $10,690,the price per square foot for the first time to make estates break the million mark.And Tung Hei Court a middle households,even the premium last month to HKD $5.5 million yuan,solid feet HKD $10,166,the price per square foot estate have first punch 5 digits.
Meanwhile, the private properties in Eastern area are also welcomed by the buyers,Centaline Property Research Senior Associate Director Wong Leung Shing pointed out that the first seven months of this year,the price per square foot of Chai Heng Fa Chuen rose about 15.2%,outperforming the market,this increase have recorded the crown of ten blue-chip estates,outstripped City One in Shatin and Kingswood Villas in Ting Shui Wai.
