

Central District manager Joey Chau commented that recently there is a good atmosphere for potential buyers, with nearly 20 transactions recorded in King's Mile and Shatin in November. A 3-bedroom flat in City's Glory, located on the 10th floor of building 10, with a usable area of 526 square feet, was sold for 5.45 million Hong Kong dollars after negotiations. The per square foot price was approximately 10,631 HKD. The original owner had purchased the unit in 1996 for 2.59 million HKD and after 30 years of holding, the profit was 2.86 million HKD.
Charles Li, senior associate director of LKRTC brokerage, stated that a 3-bedroom flat on the ground floor A of building 1, with a usable area of about 577 square feet in Pearl Beach Blue Sky, was sold for 9.23 million HKD after negotiation. The per square foot price was approximately 15,997 HKD. The new buyer had found the flat online and preferred it due to its three-bedroom layout and the proximity to the Sha Tin Station. The original owner had purchased the unit in 2005 for 3.374 million HKD and made over 5.85 million HKD in profit by selling it.