The epidemic continues to spread, and the owners reduce the price to sell more, and the Mobil 3-room split is 1.37 million, and the low market price is half sold

28Hse Editor  2022-01-13  #Transaction

The outbreak of the new coronavirus variant in the community has hindered property inspection activities. Many second-hand property owners are willing to reduce prices in order to sell their properties for cash. There are housing estates with "forced inspection" buildings. According to an agent, the owners of three houses in Mei Foo New Village, Lai Chi Kok, cut their prices sharply by 1.37 million yuan or more than 10%, and changed hands at 11.43 million yuan, which is 50% lower than the market price. Alternative properties have also been affected by the epidemic. City Garden in North Point recorded a flat sale of the "accident unit". The 3-bedroom unit changed hands for 12.78 million yuan, or only 11,390 yuan per square foot, nearly 40% lower than the market price. ◆reporter Li Zitian

Midland Realty Wu Zhihui said that Mei Foo New Village in Lai Chi Kok temporarily recorded 8 transactions this month, with an average price per square foot of 13,192 yuan. Among them, the owners of 3 houses dropped the price by 1.37 million yuan and changed hands at 11.43 million yuan, a decrease of more than 10%. The transaction unit is the middle and low-rise Room A at No. 130 Broadway Street, Phase 8, with a usable area of 893 square feet and a 3-room partition. It is reported that due to the spread of the epidemic affecting the transaction, the owner was bearish on the market outlook, so he increased the discussion and decided to significantly cut the price of 1.37 million yuan, which successfully attracted users to undertake the transaction. The transaction price was 11.43 million yuan, equivalent to about 12,800 yuan per square foot. The above-mentioned transaction price is 5% lower than the market price. At present, the owners of the housing estate have expanded their negotiation rate to 3% to 5%, while the buyer's negotiation rate is between 5% and 8%.

Tuen Mun housing estates record price reduction transactions

Tuen Mun District has become the hardest hit area for the outbreak of the new coronavirus variant Omicron. There are frequent cases of price reductions in the district, and the reduction rate offered by the unit owners is more severe than that in other districts. An agent revealed that the two low-rise apartments in Maiermei Bay, Tuen Mun, were reduced by 600,000 yuan or 10%, and the first buyer outside the district took over at 5.3 million yuan. Xiangyi Real Estate Huang Qingde said that the transaction unit in Tuen Mun Maiermei Bay was a low-rise D room in Block 5, with a usable area of 489 square feet, which was a two-bedroom design. The above-mentioned buyer decided to purchase the above site for self-occupation at HKD 5.3 million, and the usable square foot price was HKD 10,838.

Ye Jinrong of Centaline Real Estate said that the low-rise A room in Block 7 of Zhuoerju has just recorded the transaction, with a usable area of 521 square feet, which is a two-bedroom partition. The price is 13,532 yuan. It is reported that the buyer is a passenger from the outside area. Seeing that the owner's bidding attitude has softened recently, he took the opportunity to make a bold counter-offer. Seeing that the reduction of the above site is attractive, he immediately decided to undertake it.

The owners of the two-bedroom households in Siu Lun Court, a HOS flat, have lost more than one set of cash. Wong Man Lok of Cheung Yee Real Estate said that Siu Lun Court in Tuen Mun is one of the HOS housing estates in the district, and the branch recently recorded a transaction in the free market. The unit is Room 10 on the lower floor of Block E, with a usable area of 401 square feet, which is a two-room partition. It is reported that the new buyer is the first buyer in the area. The original owner’s asking price decreased by 542,000 yuan from 4.88 million yuan in mid-November to 4.338 million yuan (free market price), a decrease of 11.1%, and the usable square foot price was 10,818 yuan. .

City Garden is sold at 40% of the market price

Variants appear in many districts of Hong Kong IslandAs for the confirmed case of the virus, Lin Longnan of Centaline Real Estate revealed that the North Point City Garden recorded a transaction case of "accident stand alone" at a low market price. The owner sold the unit for 12.78 million yuan, and the usable square foot price was 11,390 yuan. The transaction price was nearly 40% lower than the market price. Some banks also failed to make an appraisal of the unit. The original owner bought the unit for 2.22 million yuan in June 1991 and held it for 30 years, earning a book profit of 10.56 million yuan, and the unit appreciated 4.76 times.

Shau Kei Wan Plaza recorded a transaction at a reduced price. Zheng Junhui of Centaline Real Estate said that the transaction unit was Room H on the lower floor of Block 3, with a usable area of 337 square feet, which is a two-room partition. The owner asked for a price of 5.55 million yuan, and was finally willing to reduce the price by 250,000 yuan or 5% to sell the unit for 5.3 million yuan, and the usable square foot price was 15,727 yuan. The buyer belongs to the user, and the property he loves is one of the few 30-year-old housing estates in the area, with a swimming pool. The original owner bought the unit for 2.43 million yuan in 2011 and held it for 11 years, earning a book profit of 2.87 million yuan, and the unit appreciated by 118%.

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