The "Hong Kong Property" Tseung Kwan O Vista Bay Mountain View three-bedroom sold for HKD 9.85 million, with "SARS goods" appreciating over 2.2 times

Henderson Property's Senior District Sales Manager, Huang Lizhen, stated that the branch recently facilitated the second-hand transaction of Unit A on the middle floor of Block 13, Phase 3, Victoria Bay, Tseung Kwan O. The unit has a usable area of approximately 666 square feet, consists of three rooms, and offers a mountain view. The buyer acquired the unit for HKD 9.85 million, which translates to a usable price of HKD 14,790 per square foot, reflecting a market price transaction.

Huang Lizhen indicated that the original owner purchased the unit in June 2003 for approximately HKD 3.03 million and has held it for about 22 years. This transfer resulted in a paper profit of approximately HKD 6.82 million, or about 225%