Discovery Park 3 bedrooms cost tens of millions

28Hse Editor  2021-04-10  #Transaction

(reporter Li Zitian) Entering the second quarter, the property market continued to see a boom, purchasing power from first-hand to second-hand, and high-priced transactions occurred in many housing estates. According to market news, a high-rise 3-bedroom unit in Discovery Park in Tsuen Wan was sold for 10.75 million yuan, and the cost of stratified units reached tens of millions of yuan, setting a new record for strata-family housing estates. In addition, a 3-bedroom unit in Kingswood Villas in Tin Shui Wai won bids from 4 groups of prospective buyers, and the owners finally got the parents to accept the price of 5.6 million yuan after the price of 100,000.

According to market news, a high-rise 3-bedroom unit in Discovery Park, Tsuen Wan, has reached a new high transaction. The unit is 12 high-rise E-rooms, with a saleable area of 652 sq. ft., with 3-room partitions, sitting to the southeast. It was put on sale for 11 million yuan more than a week ago. After bargaining, the price was reduced to 10.75 million yuan, which was accepted by buyers, setting a new record for a new high for strata-family housing estates, with a practical price of 16,488 yuan per square foot.

According to the data, the last high record for the stratified households of the housing estate was recorded in May 2019. The middle-floor F room of Block 1 changed hands at that time for 10.5 million yuan. After nearly 2 years, the new record pushed up another 250,000 yuan.

4 groups of guests compete for the lower level of Kingswood Villas

Centaline Property Chen Dexiao said that Kingswood Villas in Tin Shui Wai recorded 15 transactions quickly. Recently, the sale of Unit C on the lower floor of Block 1, Laguna Villas, Kingswood Villas, has a saleable area of 546 square feet, with a 3-room partition, and faces the Ginza shopping mall. The owner's reserve price was 5.5 million yuan. The unit was recently bid by 4 groups of prospective buyers. The owner had a counter price of 100,000 yuan. One group of buyers successfully purchased the favorite plate and accepted it at a price of 5.6 million yuan, equivalent to 10,256 yuan per square foot.

Chen Dexiao pointed out that the new buyer is an out-of-town visitor, and he subsidized the first installment to let a pair of children who have just joined the society to buy a home. The original owner bought the unit in May 1996 for 1.739 million yuan and held the goods for about 25 years. The book profit was 3.861 million yuan, and the unit appreciated 2.2 times.

CCL rose 0.54% to new high in September

In terms of second-hand property price indicators, the Central Plains City Leading Index CCL recently reported 181.31 points, hitting a nine-month high, rising 0.54% weekly. The leading index of large housing estates, CCL Mass, reported 183.48 points, up 0.55% weekly. CCL (small and medium-sized units) reported 181.41 points, up 0.50% weekly. CCL (large unit) reported 180.78 points, up 0.73% weekly.

Huang Liangsheng, senior co-director of Centaline's research department, pointed out that the overall property prices are clearly showing an upward pattern. During the Easter holiday, second-hand transactions continued to be booming. It is believed that property prices will continue to rise repeatedly, which will begin to be reflected in the CCL to be announced in late April.

Property prices in the four districts rose three times and one fell, each trending upwards repeatedly. The Hong Kong Island property price index reported at 187.93 points, a weekly increase of 2.07%, the largest increase in eight weeks. The Kowloon property price index reported 178.31 points, up 0.01% weekly. The New Territories East property price index reported 193.15 points, up 0.44% weekly. The New Territories West Property Price Index reported 168.17 points, down 0.28% weekly.

Disclaimer: All wordings and pictures which indicated 28HSE editor are the copyright of 28HSE LIMITED. Acknowledgement is required if other parts of this publication are used. The content is for reference only, does not constitute investment advice and it does not mean that 28HSE agreed the points. The area which show in the article is salable area if there is no special circumstances. The pictures is for reference also.

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