New launch | Bolong II three-bedroom sold for 15.98 million

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Led by Chinachem (00083), Grand Mayfair II at Yuen Long Kam Sheung Road Station successfully sold 1 unit by tender today, cashing out HK$15.9822 million.

The unit sold today is Unit A2 on 1/F of Tower 8 in Grand Mayfair II, with a practical area of 831 sq ft. It is a 3-bedroom layout with a maid’s quarters arrangement. The transaction price was HK$15.9822 million, with a practical price of HK$19,232 per sq ft. Grand Mayfair II currently has only 4 units left for sale.

According to agents, Grand Mayfair III obtained its occupation permit in June, and the project is preparing to open the existing flats for viewing, at which point a new round of sales will be relaunched.

The Grand Mayfair series has recorded a cumulative sales total of 1,974 units, accounting for over 90% of the series. Cumulative cash proceeds have exceeded HK$17.1 billion.

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