"Hong Kong Property" Ho Man Tin Lang Hin Fung records loss again, three-bedroom sold for HKD 17 million, actual loss exceeds HKD 1.27 million

GREAT EAGLE H (00041.HK) and MTR Corporation (00066.HK) have collaborated on the development of the Hung Hom Station project, Lang Hin Fung, which has recently attracted market attention due to inconsistent quality upon handover. The estate has recorded another case of second-hand loss. Data shows that in Block 6A, Unit B on a mid-level, with a usable area of 760 square feet and a three-bedroom layout, it was sold for HKD 17 million in August this year, with a transaction price per square foot of HKD 22,368.

The original owner purchased the unit for HKD 17.615 million in May 2024, holding it for over a year, resulting in a paper loss of HKD 615,000 or 3.5%. Including the basic expenses and taxes incurred upon entering the market, the actual loss is estimated to be around HKD 1.276 million. It is reported that the new buyer is the widow of the late architect and philanthropist Tam Wing Fan, Tam Mai Mei Yin