At Kerry Properties’ Mont Verra project on Lung Kui Road, a four-bedroom, four-bath flat with two car parking spaces sold for a whopping HK$240 million (US$30.7 million), setting a record high for flats in Kowloon this year.
As the second-hand market came to a standstill, homeowners resorted to cutting prices to attract buyers. Here are three such cases from the last week.
TIMESTAMPS:
0:00 CK Asset’s cheapest urban flats in 7 years - The Coast Line II
2:37 Weekend sales highlights
2:54 Mont Verra HK$240M unit
3:11 Price reduction amid secondhand market slump
3:39 Case 1 - Mei Foo Sun Chuen
4:12 Case 2 - Mei Foo Sun Chuen
4:41 Case 3 - Double Cove Starview Prime
5:31 HK$11M investment in car park
6:12 Upcoming property market news
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Property Type | Price | Ads Period |
---|---|---|
For Sale Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:90 days |
Golden Top Listing Higher position than Top listing 2-3times better performance | HKD:3000 (or Hsemoney:3000) | Valid:60 days |
Rental Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:80 days |
Golden Top Listing Higher position than Top listing 2-3times better performance | HKD:3000 (or Hsemoney:3000) | Valid:60 days |