
A property in Victoria Harbour, "Hong Kong Building," was listed for sale and sold quickly for HKD 7.58 million in one day, incurring a loss of approximately 10.9% after holding it for about four years
Midland Realty stated that the company recently facilitated the second-hand transaction of Unit D on a high floor of Block 3B in Victoria Harbour Phase 2, with a usable area of approximately 315 square feet, consisting of 1 bedroom and facing northwest with a sea view. The unit was taken over by a local buyer for HKD 7.58 million, equivalent to a price per usable square foot of HKD 24,063.
The aforementioned unit was listed for HKD 7.8 million and received inquiries from local buyers within one day. The buyers are a pair of caring parents who are fond of the mature community amenities, the unit enjoys a quality sea view, and the layout is satisfactory, hence they purchased the unit as a gift for their daughter. After negotiation, the owner agreed to reduce the price by approximately HKD 220,000, resulting in a transaction at HKD 7.58 million. The original owner purchased the unit in February 2022 for approximately HKD 8.51 million, holding it for about 4 years with a paper loss of approximately HKD 930,000, or about 10.9%
