Villa in Valais, Sheung Shui lost HKD 4 million
June 26, 2017 - Sheung Shui
An even no. house at Gallen Boulevard, Valais, Sheung Shui, with an saleable area of 2,018 sq ft, has been changed hand for HKD 29.5 million through company share transfer, HKD 2 million lower than market level.
The original owner purchased the property in 2010 for HKD 31.844 million, made a book loss of HKD 2.344 million in 6 years, and made an actual loss of around HKD 4 million when including stamp duties and agent commission.
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