4-year profit earned 3.85 million by holding Robinson Place
Article from Under the Government spicy recruit powerful property market turnover plummeted, the market outlook whereabouts or can get inspiration from the owners of the "House of God" discounted selling properties. Land Registry data shows, Cheung Kong (0001) executive director Justin Chiu stakeholders, discounted over a hundred million last month to sell Mid-Levels West Robinson Place luxury units. Users but also the Mainland for the convenience of their children studying in Hong Kong, at pay the BSD tax market Kingswood units.
Cheung Kong executive director Justin Chiu and his wife in the middle of last month to sell Mid-Levels West Robinson Place a unit. According to Land Registry data, the turnover for a middle A room area of 1,094 square feet, the transaction price of $ 15.5 million, PPSF $ 14,168 the registered buyer Xu Jun US. The district agent said, the owners asking price of $ 16.8 million in the market in October this year to put the sale, the final reduction of 1.3 million HKD, was sold for $ 15.5 million, a decrease of 7.7%.
The data show that the Zhao back in early 2008 to purchase these units Properties Limited, on behalf of all the rich, the directors, including Justin Chiu Chiu Tan Hui ice purchase price of 1,165 million sq ft price of $ 10,649 is changing hands, the book profit of 3.85 million HKD, 33% appreciation in unit four years.
Zhao F, God has always invest in a proper way, the existing hands still held in Mid-Levels Garden Terrace Unit, unit of Tregunter and Kowloon Tong Beacon Hill, and as early as the middle of last year and earlier a head start, turn invested the city commercial building market, spend $ 18 million to acquire, Wan Chai Yee Fat Building 25 floor the full story office building for rental purposes, PPSF broken million for the first time, breaking the Xiaxin high.
The mainland buyers pay BSD to purchase Kingswood middle-floor
Owners discounted selling securities, also the Mainland children studying in Hong Kong with the home, to pay BSD tax market. Midland Realty Wong Kwok said, of Kingswood Villas of a six Locwood middle C, about 708 square feet, about 315 million transaction price and price per square foot of about $ 4,449. It is reported that buyers Mainland users pay a BSD tax. Buyers’ children studying in Hong Kong, coupled with the district rent of about 1 million, the cost to buy or rent the measure, finally decided to pay BSD tax purchase these units. The original owners spend about 200 million in December 2010 to purchase the property and hold stocks so far, changed hands a profit of about 115 million, discounted earned about 57.5%.
South Horizons sea-view flats breaking top prices
In addition, nine senior South Horizons Room G Unit turnover, an area of about 918 square feet, Midland Realty said Leung Man Fai, the units look of the sea, were buyers undertake to about 988 million, ft price of about 10,763 HKD, breaking the price of similar units square feet a new high. Buyers for the same area home. It is understood that the original owners in June 1998 to acquire more units, then a price of about 578 million, is currently carrying amounts earned about 410 million changed hands, about 71% of the appreciation of the property during the period.
Ten estates down for 36% during the weekend
Central Plains real estate statistics show, Saturday, Sunday 10 large housing estates recorded 14 transactions fell 36.4% on a weekly basis, buyers volatile market hesitation. 10 projects were holding in Taikoo Shing and Laguna City, Kowloon, Hong Kong Island, eggs, Kingswood Villas only five transactions were recorded this week, 5 week crash. Centaline Property, president of the Asia-Pacific area residential Alfred Chan Wing-kit, no good news to stimulate buyers into the market in the current market, some buyers into the market is still a sense of hesitation, coupled with the holidays approaching, the festive atmosphere is getting stronger, so that some buyers choose shelved market plan, expected trading performance will be rampant.
Part of the users refuse to buy since holiday is coming
Hong Kong Island, South Horizons Podan estates recorded two transactions this weekend, about $ 9,000 Price Range While the Kornhill also recorded a turnover. Kowloon, Metro City recorded a turnover. In the New Territories, Shatin Town and Caribbean Coast have each recorded only 1 turnover.
However, according to Midland Realty branch statistics, last weekend, fifteen large blue-chip estates recorded transaction volume of about 22, an increase of about 29.4% on a weekly basis; 10 large housing estates Statistics recorded 20 transactions, rising on a weekly basis about 53.8 %. The Midland Group Executive Director and Group Chief Executive Officer of Residential Department Chen Kunxing market hopes QE coded so that the influx of hot money, the stock market highs, property market atmosphere by driven warmer. Rose to a level of more than 20 before only single number or a low level of more than a dozen cases, the case moves after the highest level.
