"The Hong Kong Property" Tseung Kwan O Tian Jin recorded a transaction of 14.38 million for a three-bedroom suite in Phase 3, appreciating 31% over ten years

The regional manager of the Tseung Kwan O branch of Midland Realty, Luo Dingkang, stated that the branch has successfully facilitated the secondary transactions of units in Tseung Kwan O, including Unit D on a mid-level of Block 1B in Phase 3B, with a usable area of approximately 879 square feet, featuring three bedrooms with a storage room and a maid's room, facing southeast with an open sea view.

Luo Dingkang mentioned that the unit was originally listed for HKD 14.6 million, but the owner later reduced the price by HKD 220,000, resulting in a transaction price of HKD 14.38 million, equivalent to a price of approximately HKD 16,359 per usable square foot. The original owner purchased the unit in April 2015 for about HKD 10.97 million, holding it for about ten years, and this resale resulted in a paper profit of approximately HKD 3.41 million, with a profit margin of about 31%.

Another transaction involved Unit E on a mid-level of Block 7 in Phase 1 of Tianjin, with a usable area of approximately 538 square feet, featuring a two-bedroom layout. The unit was originally listed for HKD 9.3 million for about two weeks, then reduced by HKD 120,000, and sold for HKD 9.18 million, equivalent to a price of approximately HKD 17,063 per usable square foot. The original owner purchased this unit in June 2016 for about HKD 6.9 million, holding it for about nine years, and this resale resulted in a paper profit of approximately HKD 2.28 million, with a profit margin of about 33%