Price of Wing On Plaza rises 23% in 3 months
October 28, 2016 - Tsim Sha Tsui
A low-floor unit 04 in Wing On Plaza, East Tsim Sha Tsui, with GFA of 1,351 sq ft, was recently sold for HKD 25 million, or HKD 18,505 per sq ft, reaching a new high square footage price for the building.
The original owner bought the unit 3 months ago and made a book profit of 23.4% of the original purchase price. The unit is expected to provide a 2.6% rental return.
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