Hong Kong's Wen Wei Po News ( Reporter Wong Ka Ming,Leung Yuk Cum )The new properties fight off customers,the secondary property market sentiment remained sluggish,high volatile price index,coupled with the flow of purchasing power on the market just refer to new properties,the owners wanted to cash in as soon as possible,discount the price is the only way to sell.There are investors who live in Taikoo Shing wanted to change flat in just a month Axed Price $1.5 million HKD changed hands;North Point Chaton House Lower households discounted$480,000 to $4,220,000 HKD,to sell at a low price of 10% lower than the market price;Tsing Yi Villa Esplanada lower pool View user also discounted $200,000 HKD to $7.2 million HKD turnover.Tai Wai Festival City 2 have owners to sell $8.83 million HKD senior households holdstocks over two and a half years almost tie leave.
Investors bought a new property,axed the price in order to avoid the taxes
Central Plains Cheung Yiu Kong said in recent months some owners see Taikoo Shing uncertain market conditions,also willing to discount $300,000 to $500,000 HKD of which Flat A,22/F,Taikoo Shing Banyan Court House,Useful area 1,114 feet from asking price at the beginning of $1.90 ten million HKD,first month fall to $1.85 ten million to $1.7 ten million just sold last night,in just one month split $1.5 million HKD,representing 3% slightly lower than the market price.It is reported that the owners is an investor,because just buying new property,so need to split price in order to sell this unit,also to avoid paying DSD tax.
In addition,Taikoo Shing Kuisum Court a saleable area of 593 ft,2 room landscaped households,the original owners at two months ago asking price $8.3 million HKD, see the recent market uncertainty,reduction $300,000 to eight million HKD changed hands,still hit a new high priced units of the same type.Owners in 2007 to $3.5 million HKD to buy the unit,hold stocks six years anf earned $4.5 million HKD,the appreciation of 1.3 times.
Chaton House sold in 10% lower than the market price changed hands
Century 21 Sunrise Wong Man Lung said North Point Chaton House Flat D,Lower Floor,construction area of 543 feet and 448 feet of usable area,the original owners in September asking price $4.7 million HKD,but eventually face the reality market downturn,discount $480,000 HKD to $4.22 million HKD turnover,a reduction of 10%,$7,772 HKD building ft,practical ft $9,420 HKD,a price lower than the market price of 10%.Original owners in November 2007 to $2.08 million HKD to acquire,hold stocks 6 years,the book profit $2.14 million HKD,1.02 times the appreciation.
AP Ho Yong Fang said Yi Villa Esplanada Flat H,Lower Floor,Tower Pool View households,usable area 703 feet,sold in $7.2 million HKD,construction ft $7,627 HKD,$10,242 HKD per practical ft .Buyers was living outside the area who wants to change the flat,see the owners willing to discount $ 200,000,so finally undertake the unit for their own homes.Original owners in July 2000 to about $3.459 million HKD purchase of the property,resale book earned $3.741 million HKD,appreciated by about 108%.
Festival City II hold the property for two and a half years,tie leave the market
In addition,Tai Wai Festival City II upper floor units,there are owners presided over two and a half years almost tie leave. Century 21 Goodwin Zhou Shu ping said Festival City II Flat C,Upper Floor,South Wing of Tower 5,construction area of 1,030 feet and 784 feet of usable
area,sold $8.83 million HKD,construction ft $8,573 HKD,$11,263 HKD per practical ft.Original owners in March 2011 purchased the property,then price $8.703 million HKD,holding the property for more than two and a half years,now the property sold,book profit $127,000 HKD,almost
tie leave.
On the other hand,there are mainland buyers from Tsuen Mun who hold more than one property $1.0 ten million to purchase a adjoining unit ofChelsea Heights,subject to pay double stamp duty of about $750,000 HKD.Manywells Cheung Shu Yin said CHELSEA HEIGHTS two senior connected
households,1,199 feet of usable area,construction area of 1,509 feet,has been an area favored by customers,$1.0 ten million to acquire the site for self-occupation,practical ft $8,340 HKD,architectural ft $6,627 HKD.Buyers holding more than one property,it must pay double stamp duty of about $750,000 HKD.Original owners in the early years to about $4.685 million HKD purchase,resale book profit of up to about $5.315 million HKD.
