Hoi Lam Garden Single-Unit House Appreciates by $8.38 Million in 19 Years

SighingCashier · 2026-03-20T14:41:18+00:00

A single-unit house at No. 18 Street, Tai Po Recreation Park, with a usable area of 1,237 square feet, was initially asking around 18 million yuan but sold for 16.88 million yuan recently, with a usable price per square foot of approximately 13,646 yuan.Centaline Property stated that the new buyer is a local resident who was impressed by the pleasant environment of the estate and the practical layout of the unit, and decided to purchase it for personal use.According to information, the original owner purchased the unit in 2007 for 8.5 million yuan, held it for approximately 19 years, and now made a profit of around 8.38 million yuan on the transaction, with the unit appreciating by approximately 98.6% during this period.

SighingCashier

2026-03-20 14:41:18

Da Pu Recreation Park 18 Street Single House, with a usable area of 1,237 square feet, listed at about 18 million yuan, recently sold for 16.88 million yuan, with a practical price per square foot of approximately 13,646 yuan.

Centaline Property states that the new buyer is a local resident who found the environment of the estate comfortable and the unit layout practical, so they decided to purchase the unit for self-occupation.

It is understood that the original owner bought the unit in 2007 for 8.5 million yuan, holding it for about 19 years. The current transfer resulted in an unrealized profit of approximately 8.38 million yuan, with the unit appreciating about 98.6% during that period.

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