Vanke Property unified ownership of Ho Man Tin old building
Vanke Property (Hong Kong) unified the ownership of old building located at 9-11A Liberty Avenue, Ho Man Tin at HKD 451 million. The site has an area of 4,792 sq ft, and it is expected to develop with nearby site.
Central Park reached new highs
Duplex Unit, Top-Floor, Tower 1, Central Park, Olympic Station, with a saleable area of 1,969 sq ft and a 85-sq-ft-terrace, has been transacted at HKD 62.8 million or HKD 31,894 per sq ft. The transaction price and unit price reached new high of the estate. The original owner purchased the unit at HKD 36.4675 million in 2013, making a book profit of HKD 26.3325 million and a 72% appreciation.
Parc Oasis sold at HKD 15.43 m
Top-Floor Unit, Tower 21, Parc Oasis, Kowloon Tong, with a saleable area of 660 sq ft and a 759-sq-ft-rooftop, has been sold at HKD 15.43 million or HKD 23,379 per sq ft.
The Avenue rented at HKD 71 psf
Unit A, High-Floor, Tower 3, The Avenue, Wan Chai, with a saleable area of 591 sq ft, has been rented at HKD 42,000 per month or HKD 71 per sq ft. The owner purchased the unit at HKD 14.103 million in 2013, earning a rental return of 3.6%.
(Sources: Vigers Research and market news)