Parkview II Two-Bedroom Unit Held for Six Years Appreciated Only 7%

SighingCashier · 2026-03-16T14:05:07+00:00

Tai Wei Park II Block 6B, Mid-Floor Unit C, with a usable area of 558 square feet, 2-bedroom layout, listed at approximately HK$12.8 million, recently sold without negotiation at HK$22,939 per usable square foot.Centaline Property stated that the new buyer is from outside the district and has a preference for large MTR-linked residential estates. Impressed by the estate's high quality and the unit's practical layout, the buyer acquired the unit for personal use.It is understood that the original owner purchased the unit for approximately HK$11.95 million in 2020 and held it for about 6 years. This transaction resulted in a paper gain of HK$850,000, representing a 7.1% increase in value during the holding period.

SighingCashier

2026-03-16 14:05:07

Tai Wai Pak Ao Estate II, Block 6B, Middle Floor, Unit C, with a practical area of 558 sq ft, 2-bedroom layout, listed at approximately HKD 12.8 million, recently sold without negotiation, with a practical price per square foot of HKD 22,939.

Centaline Property states that the new buyer is from outside the district, attracted to large residential developments above MTR stations, noting the high quality of the estate and the unit’s efficient layout, indicating the unit was purchased for personal use.

It is understood that the original owner bought the unit in 2020 for about HKD 11.95 million, holding it for about 6 years. The transaction resulted in a paper profit of HKD 850,000, with a property appreciation of 7.1% during the period.

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