"Commodity" Two-bedroom in Western District, Jincheng Peak sold for HKD 12.15 million, appreciating over 50% after holding for 16 years

Zhongyuan Real Estate stated that its branch recently facilitated the sale of a unit at Jinchengfeng in Sai Ying Pun. The unit is a mid-level E room with a usable area of 462 square feet, featuring 2 rooms, facing south, with a city view. The latest transaction was completed at HKD 12.15 million, equivalent to a price of HKD 26,299 per usable square foot.

It is understood that the new buyer is an end-user who is fond of the property's convenient location. The original owner purchased the unit in 2010 for HKD 8 million and held it for 16 years, realizing a profit of HKD 4.15 million upon this transfer, with the unit appreciating over 50%