---
title: "The two-bedroom unit at Tseung Kwan O Plaza sold for HKD 6.6 million, with the original owner holding it for 4 years and incurring a loss of approximately HKD 850,000"
description: "Midland Realty's Tseung Kwan O Tianjun branch facilitated the sale of a two-bedroom unit at Tseung Kwan O Plaza for HKD 6.6 million, with the buyer being a first-time homebuyer from the Kowloon distri"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/260996960.md"
published_at: "2025-10-14T06:56:32.000Z"
---

# The two-bedroom unit at Tseung Kwan O Plaza sold for HKD 6.6 million, with the original owner holding it for 4 years and incurring a loss of approximately HKD 850,000

> Midland Realty's Tseung Kwan O Tianjun branch facilitated the sale of a two-bedroom unit at Tseung Kwan O Plaza for HKD 6.6 million, with the buyer being a first-time homebuyer from the Kowloon district. The original owner purchased the property for HKD 7.45 million in 2021 and sold it after holding it for 4 years, incurring a loss of approximately HKD 850,000, a decline of about 11.4%

Henderson Property's Senior District Sales Manager Huang Lizhen stated that the branch recently facilitated the second-hand transaction of Unit D on the 6th floor of Phase 2, Tseung Kwan O Plaza. The unit has a usable area of approximately 447 square feet, faces southwest, and features a two-bedroom layout with a broad and open view.

Huang Lizhen pointed out that the buyer is a first-time homebuyer from the Kowloon district, attracted by the unit's superior view, and the owner's willingness to provide room for negotiation led to the decision to seize the opportunity to enter the market. The original owner initially listed the property for HKD 6.9 million, but after negotiation, the owner conceded HKD 300,000, resulting in a transaction at HKD 6.6 million, a reduction of approximately 4.3%; this translates to a price per usable square foot of HKD 14,765, which is in line with market prices.

It is understood that the original owner purchased the unit in January 2021 for approximately HKD 7.45 million, holding it for about 4 years, resulting in a paper loss of about HKD 850,000, a decline of approximately 11.4%

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
