Hong Kong's Wen Wei Po News ( reporter Ngan Lun Lok ) The transactions of the property market last " cowhide " for a few months,coupled
with the recent sale of new properties discount,many second-hand owners attitude softened,the market is much more were recorded discounted deal.Among of all,Belair Gardens owners lowered 10 % by selling properties,Siu Sai Wan Island Resort also got units discounted up to 8.9%,while the discount trend have a sign of spreading to Tseung Kwan O.
Centraline Houhui Liang said reduction units changed hands Belair Gardens,located in Ascot Tower (E Block ) C Lower Floor,owner earlier asking price 7.35 million HKD, see sluggish market conditions,after repeated bargaining after a total of $730,000 HKD discount or 10%,to $6.62 million HKD will be sold to a unit outside the area off the exchange floor,practical ft $7,966 HKD.Occasion,although the reduction changed hands,but the original owners in 2005 to three million HKD acquisition of property,hold stocks eight years book profit 3.62 million HKD,or 121%.
Island Resort near tie departure
Siu Sai Wan Island Resort also recorded a sale transaction,Centaline Li Wei ning said that involves Flat E,Low Floor,Tower 3,the original asking price of $5.38 million HKD owners in June,the newly discounted to sell $4.9 million HKD,a decrease of 8.9 %,utility ft $11,239,slightly lower than the market price.Original owners in May last year to 4.3 million HKD acquisition of property,are required to pay 5% of the times changed hands SSD $245,000 HKD,after deducting other administrative expenses,profit is still expected to leave.
Meanwhile,the discount trend # more evident as in the TKO.Centaline Ko Yong said,Tseung Kwan O OCEAN SHORES 3 period,Tower 15,Flat F,Lower/F,to sell $4.7 million hkd, practical ft $9,419.Units initially asking price of $4.9 million reduced by $ 200,000 deal after bargaining,proposed increase of about 4%.In addition,Midland Realty Wen Qian said recently contributed to two-bedroom units are traded Clear Water Bay Peninsula,the owners within two months regressive $400,000 HKD,finally got a home to about $4.2 million HKD to undertake,and the property has appreciated by about a 2005 -fold.Units of 8 G Upper Floor,usable area 483 feet,two bedroom units valorem basis,equivalent to $8,696 HKD per ft salable area.
Centaline Wu Jinji even said that the district courts successively recorded a low price deal,Tseung Kwan O area is no exception.Latest market recorded a transaction of La Cite Noble,which located in Flat A,Middle Floor,Tower 6,usable area 434 feet,just with 4.08 million HKD turnover,with an average price of $9,401 HKD per practical feet,the site can be regarded Estate Price Range near 2 month low.It is understood that unit Asking a year last year in October asking price $4.9 million HKD,tired discount $820,000 and sold finally,a reduction
of 16.7%.
Kingswood Villas regressive $200,000 within a month
As for th New Territories North,Wells Property Branch Head Xieli Guan said Kingswood Villas 1 period in Tin Shui Wai(Locwood) recorded an transaction of buyer who are living in the same district "visit and bought the unit" Transactions in units of Flat D,Upper Floor,Tower 10,original owner in September last month has accumulated $ 200,000 to $3.18 million HKD,units last traded,representing a decrease of approximately 6.5%,practical ft $5,771 HKD.Another case from Fanling,AP Chou Chi Kung,said Avon Park Flat E,Middle Floor,Tower 2,owners began the sale six months ago,until recently see the developers have also split price,loss of confidence in the market outlook,finally reduced $200,000 to $2.7 million HKD turnover,equivalent practical ft $6,750 HKD,lower than the market price of about 5%.
