Mobil New Village three-bedroom unit appreciated 14 times in 41 years

SighingCashier · 2026-03-20T12:13:48+00:00

Lai Chi Kok Mobil New Village Phase 2, Unit D (Low Floor), 40 Broadway Street, with a usable area of 708 square feet, 3-bedroom layout, facing west, overlooking street views, recently sold for 7 million yuan, with a usable price of 9,887 yuan per square foot.Centaline Property indicates that the original owner purchased the property in March 1985 for only 455,000 yuan, holding it for 41 years. The current sale generates a substantial paper profit of 6.545 million yuan, with the unit appreciating by over 14 times.

SighingCashier

2026-03-20 12:13:48

Lai Chi Kok Mei Foo Sun Chuen Phase 2, 40 Broadway Street, Lower Floor D, with a usable area of 708 sq ft, 3-room layout, facing west, overlooking internal street view. Recently sold for 7 million yuan, with a practical price of 9,887 yuan per square foot.

Centaline Property states that the original owner purchased the property in March 1985 for only 455,000 yuan, holding it for 41 years. The current sale resulted in a significant capital gain of 6.545 million yuan, with the unit appreciating over 14 times.

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