Luxury Real Estate Blog and News
A top-floor unit at Block 3, Phase 2, The Avenue, Wan Chai, with a saleable area of 2,472 sq ft and a roof deck of 2,674 sq ft, has been sold for HKD 120 million yesterday.
According to market data, last year Yuen Long accounted for 36% of villas registrations (with value over HKD 10 million).
The entire block at 2 On Lan Street, Central, with site area of 955 sq ft including the back alley, or a total gross floor area of 5,063 sq ft, is now put on sale.
Ap Lei Chau
The residential lot at Lee Nam Road, Ap Lei Chau was purchased by PRC capitals at HKD 16.8 billion last Friday and it broke the highest record in Hong Kong.
According to market news, an even no. house at Boulevard de Fore was just sold at HKD 18.68 million with a book loss of HKD 8.87 million.
The entire 4th floor of China Insurance Group Building at Des Voeux Road Central, with an area of about 14,505 sq ft, has been transacted at HKD 175 million earlier this year.
5 sales of Celestial Heights in Ho Man Tin were recorded this month. Among these sales, 2 made losses, for example a high-floor unit at 29 Celestial Avenue, with a saleable area of 1,252 sq ft.
According to market news, a loss transaction was recorded in Imperial Cullinan, Olympic Station, after the new cooling measure was announced.