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天璽

Kowloon Station luxury house suffered huge losses, causing Shunde furniture dealer to lose 4.06 million yuan after holding the property for 12 years

Core transaction analysis: revealing the background of the mysterious investor, market interpretation, expert opinions and subsequent impact. The luxury housing market in Kowloon Station recorded a significant loss in transactions. Room J on the upper floor of Tianxi Star Diamond was recently sold for HK$14.88 million, a book value evaporation of HK$4.06 million compared to the owner's purchase price 12 years ago, triggering market concerns about the rising risks of luxury home investment. Core Transaction Analysis - Property Overview: 530 square feet 2-bedroom unit, a landmark small-medium apartment in Tianxi -...

莫華倫

[Shocking Sale] Mo Hualun family lost HK$47.02 million by selling Bowen Villa in Mid-Levels! The price per square foot has plummeted by 40% in three years, creating an astonishing discount

After three years of dormancy in the Mid-Levels Central luxury residential market, a landmark transaction that shook the real estate industry finally surfaced. The family of famous tenor Warren Mok recently sold a top unit in Bowen Hills at a "discounted price" of HK$47.02 million, which was halved from the transaction price of the same unit three years ago. This dramatic transaction revealed the real estate secrets of the century-old medical family that had been hidden for 27 years. The century-long discount shocked the luxury housing circle...

凱樂苑

Cheung Sha Wan Hoi Lok Court Home Ownership Selling Price HK$2.75 Million Sets a New Record Low

Core transaction data: Market analysis: Driving factors of the price plunge: In January 2024, a home ownership flat in Hoi Lok Court, Cheung Sha Wan was sold for HK$2.75 million without paying the land premium, setting a new low in the history of the second-hand market in the court. The 390 sq ft unit was sold for an astonishing HK$7,051 per sq ft, a drop of HK$28.61 per sq ft (1.1 million) from the HK$3.85 million paid for a similar low-floor unit earlier in the same month.

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