A recent transaction in the Sau Mau Ping area showcases the improving market sentiment. According to Lai Sa Wah, Deputy Regional Sales Manager at Century_LINK, in October, around 71 transactions were recorded in the area, marking a 30% increase from September. A 3-bedroom unit at the Shunda Plaza in Sau Mau Ping was sold for 6.9 million Hong Kong dollars (HKD) under full payment. Initially priced at 7.3 million HKD, the unit, with an area of 559 square feet, attracted interest from a retired buyer immediately after viewing, leading to a negotiation and a final transaction price of 6.9 million HKD. This yields a utility price of approximately 12,343 HKD per square foot. The buyer, a retired individual who previously lived in Sau Mau Ping but later moved elsewhere, found the neighborhood suitable for retirement owing to its comfort and convenience. The original owner purchased the unit in 2007 for 2.48 million HKD and now makes a paper profit of 4.42 million HKD after the sale, indicating appreciation of around 179%. SPLIT Lam Ho Wan, a Regional Sales Director at Union Property, reports another transaction in the Victoria Park area. A 3-bedroom flat at Union Mansion C Building, with an area of approximately 417 square feet, was sold for 3.568 million HKD. The unit was originally priced at 3.6 million HKD, resulting in a utility price of around 8,556 HKD per square foot. The original owner acquired the unit in April 1990 for approximately 515,000 HKD and has now achieved a paper profit of about 3.053 million HKD, representing an increase of nearly six times.