The Jianglan Tunnel and the Tseung Kwan O Cross-Bay Bridge are about to open to traffic. Second-hand transactions in LOHAS Park are fast, but many second-hand transactions have been recorded at a loss this month. Among them, 5 transactions in Jinhai Phase 4 of LOHAS Park have all lost hands this month. Recently, two-bedroom homes have been sold at a cumulative discount of 1.55 million yuan. Considering the shipping fee, they leave the market at a loss of at least 1.3 million yuan after holding the goods for 4 years.
Zhongyuan Huang Shibin said that the multi-storey room C in Block 3B of Jinhai II has a usable area of about 491 square feet, separated by two rooms, and facing northwest. The original asking price was 9 million yuan, but it was finally sold for 7.45 million yuan after a cumulative discount of 1.55 million yuan, The price per square foot is about 15,173 yuan. The original owner entered the market with 8.37 million yuan in July 2018, and held the goods for about 4 years, with a book loss of 920,000 yuan, considering the actual loss of more than 1.3 million yuan in expenses.
Huang Shibin believes that the current bad economy and uncertain market prospects have more impact, and potential buyers “take the new transaction price to go to the owner”, which makes the owner expand the room for bargaining and facilitating the transaction. He revealed that individual owners in Jinhai are selling at a loss price. For example, Suite A, a mid-level and high-rise building in Block 1A, with four rooms, is now asking for a value of 13.9 million yuan. Based on the original owner purchase price of 15.85 million yuan in 2017, it has lost 195 yuan ten thousand yuan.
Ou Jintang and his wife underestimated the price by almost 7% and sold the third house in Cannes
According to market sources, artist Ou Jintang and his wife also sold Cannes Sanfang, which they had held for many years. According to the agent, the high RA suite in Tower 3, Capital 3, LOHAS Park Phase 1, has a usable area of approximately 729 square feet, separated by three rooms. The original asking price was 11 million yuan. After several adjustments, the price was reduced by 2.72 million yuan and sold at 8.28 million yuan, about 7% lower than the bank’s online valuation of 8.9 million yuan.
It is said that the original owners were Ou Jintang and his wife Wan Simin. They entered the market as early as 2008 with about 5.478 million yuan and have been using it for rent collection. Now they have made a profit of 2.802 million yuan or about 51%.
The original article was published on AM730 https://www.am730.com.hk/Real Estate/Doukuai Bulk – The Bridge Will Be Opened To Traffic – Cannes Concessions Continuing/350382?utm_source=yahorss&utm_medium=referral
