Metropolis|Yi Xin Yuan|Po Lam|Second-hand|The three-bedroom blue-chip housing estate is worth 8 million? |How much does it cost to enter the two rooms? |Second-hand property prices fall|Is it a good time to enter the market? |Tseung Kwan O District|Henderson Land|Housing Society|Properties for you to view|Easy Property Inspection Group

Metropolis|Yi Xin Yuan|Po Lam|Second-hand|The three-bedroom blue-chip housing estate is worth 8 million? |How much does it cost to enter the two rooms? |Second-hand property prices fall|Is it a good time to enter the market? |Tseung Kwan O District|Henderson Land|Housing Society|Properties for you to view|Easy Property Inspection Group

Easy Fat Property Inspection Group recently reported on the real estate market in Tseung Kwan O District, Hong Kong. It was noted that the current market is affected by the epidemic and the haze of interest rate hikes, and many second-hand buyers are maintaining a wait-and-see attitude, which is dragging down property market transactions. As a result, owners are reducing or compromising the price of their properties, hoping to sell them quickly. An example of this is seen in two listings in Metropolis Phase 2 in Po Lam, where a two-room and a three-bedroom unit have been reduced in price by their owners. The two-room unit is being sold for HKD 6.5 million, a significant reduction from the owner’s original purchase price of HKD 7 million in 2018, resulting in a book loss of HKD 500,000. The three-bedroom unit has had a more substantial price reduction from HKD 9.2 million in June to HKD 7.9 million, making the owner a profit based on their original purchase price in 2009. The housing society also listed a three-bedroom unit in Yixin Garden, which is being sold for HKD 7.18 million, but the unit requires renovation. Overall, the current market is impacted by a softening demand from buyers, leading to lower prices for sellers.


[Easy Fat Property Inspection Group 🏠 The real estate is up to you]Metropolis|Yi Xin Yuan|Po Lam|Second-hand|Three-bedroom blue-chip housing estate worth 8 million? |How much does it cost to enter the two rooms? |Second-hand property prices fall|Is it a good time to enter the market? |Tseung Kwan O District|Henderson Land|Housing Society|Properties for you to view|Easy Fat Property Inspection Group has recently rebounded in the epidemic and the haze of interest rate hikes. Many second-hand buyers maintain a wait-and-see attitude, dragging down the property market transactions. Owners began to soften their minds, and did not hesitate to reduce or compromise the price, but hoped to sell the property as soon as possible. In the Tseung Kwan O district, many middle-class families live together, and many new projects have been completed one after another, which has caused the second-hand property prices in this district to rise continuously in recent years, and it was not until the past two months that there was a significant downward trend. Po Lam is the terminus of the Tseung Kwan O Line, and property prices are relatively affordable in the same district. The first listing introduced is located in Metropolis Phase 2 above Po Lam Station, which is a blue-chip housing estate in the area. The unit is a middle-floor unit in 7 blocks, with a usable area of ​​363 square feet, separated by two rooms, which is a traditional optical room. The owner bought it for 7 million yuan in 2018, and reduced the price twice after it was put on the market in June. The latest asking price is 6.5 million yuan. If the transaction is completed at the current asking price, the owner’s book loss will be 500,000 yuan. The second listing is also in Metropolis Phase 2. It is a three-bedroom unit on the middle floor of Block 3, with a salable area of ​​538 square feet. The owner adjusted the asking price from 9.2 million yuan in June to the latest asking price of 7.9 million yuan, a price reduction of 1.3 million yuan. However, since the owner sold it as early as 2009, the book can still make a profit. Both units are very tidy and can be moved in with simple decoration. The third property listed by the Housing Society is located in Yixin Garden near Butcher Park, far away from the subway station, and needs to take a minibus or walk for 7 to 8 minutes to get there. The listing is a low-rise unit in a block, which is also a three-bedroom unit with a salable area of ​​604 square feet. The owner bought it for 1.77 million yuan in 2004, and has been letting it out for rent since then. It was not until recently that the listing was withdrawn, and the asking price was 7.18 million yuan. Although the price has not been reduced, its asking price is close to the three-bedroom listing that has recently been reduced. The unit generally retains the original design, but the overall design is dilapidated and needs to reserve funds for renovation. If you have any real estate and want to know more, remember to leave a message to let us know 📢! ! [Remember to help like👍our Facebook and subscribe🛎YouTube channel, and set the 28Hse page as “First Look/See First🧐”] 📍Facebook: 📸Instagram: 📱Twitter: 🎞YouTube: #江江楼#宝林#新都城#怪心园#前盘#Second-hand#Rent#Two rooms#Three rooms#Property price#Transaction#Reduction#Eclipse#流货#Real estate#Property market#First hand#rental#Hengji#House Association#Hong Kong #易发调楼团# You can watch real estate 00:00 Opening 00:51 Introduction of Tseung Kwan O District 01:10 Introduction of Metropolis 02:31 Metropolis – Two-bedroom listing 06:00 Metropolis – Three-bedroom listing 09:17 Yixin Garden Introduction 11:28 Yixin Garden-Three-bedroom listing 14:43 Bank valuation 15:11 Monthly payment and stress test 15:42 Summary

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