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'Policy Address' didn't withdraw the spicy-trick and also increased the supply,the new property sales fight for the buyers and it is expected that the interest rate will rise,the owners of second-hand property discounted the price and sold

Squarefoot Editor  2014-01-19  #Property Hit News
Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum) New policy address didn't withdraw the spicy-trick and also increased the supply,coupled with first-hand new properties eager to free of taxes and discounts in order to attract buyers,and it is expected the interest rates will rise in the future,some impatient owners of second-hand properties owners only split the price in order to sell their units.Owners of Park Tower which located in North Point have split the price of HKD $2.35 million,with a reduction of 12.7% and changed hands;Owners of CELESTIAL HEIGHTS which located in Ho Man Tin also bearish the outlook of the property market,discounted HKD $2.5 million in two months,with a reduction of 12.5%,so that the final eclipse of nearly HKD $3.0 million and sold. Centaline Mid West Division Manager of mansion STATELYHOME Wu Lok Yung said Flat B,Lower Floor,Tower 2,Robinson Place,Mid-Lvel Wesr,utility area of ​​1,115 sq ft,3-bedrooms interval,with workers room,with the scene of towers.The asking price of the original owners was HKD $1.8 ten million in the earlier of September,recently discounted HKD $500,000 to HKD $1.75 ten million and sold,with the price of HKD $15,695 per sq.feet,5% slightly lower than the market price.The units bought in HKD $9.6 million in 1999 by the original owner,and this time got a book profit of HKD $7.9 million,or 82 percent. Park Tower discounted 12.7% and sold Century 21 Real Estate Sunrise executive director Wong Man Long said,Flat G,Lower Floor,Tower 1,Park Tower,North Point,utility area of ​​980 feet,3 bedrooms,1 set intervals,seat to the southwest,with open view.The asking price by the owners was HKD $1.85 million originally,finally discounted 12.7% to HKD $2.35 million and sold in HKD $1.615 ten million,HKD $​​16,480 per sq.ft,recorded 5% lower than the market price.Original owners bought the unit in HKD $1.036 ten million in May 2008,held the unit for 5 years and now sold the property,got the book profit of HKD $5.79 million,with an estimated 55% of the appreciation of the property during the period. CELESTIAL HEIGHTS loss about HKD $3.0 milllion and sold Midland Realty Kowloon Mansion Parc Palais sales manager Leung Ka Lam said Celestial Upper Floor,No.23 of CELESTIAL HEIGHTS Phase 2,3 bedrooms units with maid's room intervals,to the southeast,with the salable area of about 1,137 feet,with a view of open sea.Owners in November last year of HKD $2.0 ten million asking price,but due to the fact that the market outlook fatigue,so the owners have discounted the rice to HKD $1.85 ten million last month;and met real buyers until recently,also discounted HKD $1.0 million to approximately HKD $1.75 ten million and sold,with HKD $15,391 per real sq.ft.Original owners in October 2009 to buy the unit with an amount of approximately HKD $2.0326 ten million,and now carrying amount of erosion of approximately HKD $2.826 million. Miami beach towers which located in Tuen Mun have recorded a discounted case,sales manager of Manywells Koo Man Ben said Flat E,Middle Floor,Tower 2,Miami beach towers,utility area 469 sq ft,two-bedrooms interval,was favored by the first-time buyer.The buyer love the living room and master bedroom which with the unrivaled views of the landscape in the south,coupled with the original owners have increased the bargaining space,the cumulative discount up to HKD $310,000 yuan,also the housing estates was a waterfront property,quiet and pleasant,so the buyer have decided "to visit and buy it at the same time" in HKD $3.19 million for home-use,with feet price of HKD $6,802,belong to a transaction with market price. Amoy Gardens also recorded a discounted transaction.Ricacorp Properties Ace courts Telford Branch (group B) manager Wong Chi Kit said,Room,upper Floor,Tower I,Amoy Gardens,salable area of about 378 feet,2 bed-rooms interval,is a quality unit with sea-view.After discounted HKD $150,000 to HKD $3.85 million and sold,priced at HKD $10,185 per sq.ft.Original owners in January 2012 to HKD $2.83 million to purchase the unit,and now got the book profit of HKD $1.02 million and sold,with an increase of 36% on the valuation. The sq.ft price of the housing estates which located in New Territories fell In fact,the second-hand property prices have been transferred to the rend of decline,Centa-City Index which is reflecting the trend of the second-hand property price index have hit a year low.As the New Territories which have the largest supply of first-hand new properties have recorded the most obvious decline,according to the Centa-City Index,have shown that the top three largest housing estates which with the real sq.ft price recorded the most obvious decline last month are located in the New Territories,of which the sq.ft price of Park Island which located in Ma Wan decline of nearly 10%,the latest reported HKD $8,276 per sq.ft,Kingswood Villas which located in Tin Shui Wai also recorded a decline of 7.6%,the latest reported HKD $5,651 per sq.ft,as for the Serenity garden which located in Tai Po have recorded a decline of 7.41%,the latest reported HKD $8,667 per sq.ft.
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