Yatao Residence Two-Bedroom Appreciated 1.7 Times in 19 Years

SighingCashier · 2026-03-16T08:41:22+00:00

Ma On Shan Yatao Residence Building 2, mid-level Unit F, usable area of 482 square feet, 2-bedroom layout, asking price approximately HK$5.6 million, sold for HK$5.3 million after negotiation, usable price per square foot HK$10,996.Centaline Property stated that the new buyer is a property switcher who found the unit layout practical and the price reasonable, and decided to enter the market for owner-occupancy.According to information, the original owner purchased the unit in 2007 for HK$1.98 million, held it for 19 years, and made a book profit of approximately HK$3.32 million in this transaction, with appreciation of approximately 1.68 times during the holding period.

SighingCashier

2026-03-16 08:41:22

Ma On Shan, Yat Tao Residence, Block 2, Mid-floor F, usable area 482 sq ft, 2-bedroom layout. Listing price around HKD 5.6 million, negotiated to HKD 5.3 million, with a usable price per square foot of HKD 10,996.

Centaline Property states that the new buyer is a property upgrader who found the unit’s layout suitable and the price reasonable, so they decided to purchase the unit for personal use.

It is understood that the original owner bought the unit in 2007 for HKD 1.98 million. After holding the property for 19 years, the transfer resulted in an estimated profit of about HKD 3.32 million, with an appreciation of approximately 1.68 times during the period.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.