Transfer of ownership丨Aihai Song two-bedroom southeast unit sold at a 1.07 million loss

Sham Shui Po Ai Hoi Song Phase 2, Block 2, Mid-Floor Unit E, with an approximate usable area of 498 sq ft, a 2-room layout with partition, facing southeast with an open view of the cityscape. About a year after the original owner put it up for sale at around HK$8.5 million, it attracted enquiries from buyers from outside the area. After both parties negotiated, it was sold for HK$8.0 million, with a usable-footage price of about HK$16,064 per sq ft.

It is understood that the new buyer is a First Drive person. They were attracted to the unit’s open views and, as it is located on a mid floor, decided to purchase the above unit after viewing the property twice.

Hong Kong Property said that the original owner bought the above unit in April 2020 for about HK$9.08M. The resale this time resulted in a book loss of about HK$1.08M, or 12%.

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