Jardin Kangming, appartement de 3 pièces, détenu depuis 36 ans, profit de 8,14 millions

Quarry Bay, Kang King Garden Block A, high floor, Room 2, practical area 847 sq ft, 3 bedrooms with 1 en-suite and storage room, facing northwest, overlooking open mountain views, sold for 9.8 million HKD, practical price per sq ft 11,570 HKD.

Centaline Property states that the new buyer is a property upgrader who is fond of the tranquil environment of Kang King Garden and appreciates the practical layout and open views of the unit, thus deciding to upgrade to a larger 3-bedroom unit for personal use.

It is understood that the original owner purchased the unit in 1990 for 1.66 million HKD and held it for 36 years. The transfer resulted in a paper profit of 8.14 million HKD, with the unit appreciating approximately 4.9 times during the period.

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