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Loss in Second Hand Sale: Bai Shek Kok Three Bedroom Flat Sold at Non-Negotiable Price Leads to 2.3 Million Dollar Loss in 9 Years

The three bedroom flat in Bai Shek Kok was sold at a non-negotiable price and the actual loss in 9 years was 2.3 million | Second hand loss

At the end of last month, the real estate market fell completely, and the sentiment of the real estate market immediately became strong, however, some property owners sold their goods and left the market at a loss.

Zeng Jiahui, branch manager of Centaline Real Estate East Pak Shek Kok New Territories, said that Room A, low floor of Block 12, Puyue, Phase 2, Tianjin Bay, Pak Shek Kok, Tai Po, has a usable area of ​​​. approximately 1,077 square feet, with three bedrooms and suites. The asking price when it was put on the market was about NT$10 million, it was successfully sold with “no negotiation” a few days ago, and the price per square foot was about NT$9,285.

Zeng Jiahui revealed that the new buyers came from outside the area, they saw that the environment of the housing estate was comfortable, the units were of high quality, and there was also a big club, so they bought the units for their own use .

It is understood that the original owner bought the unit in 2015 for 11.66 million yuan and held it for about 9 years. The book loss was about 1.66 million yuan when it was resold. The property depreciated by about 14% during the period. If printing fees and other royalties are taken into account, the actual loss will be about NT$2.31 million.

Take a look at Tai Po Tiantian Bay Phase 2 Man Yue for sale now (HOUSE730)

The original article was published on AM730

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