---
title: "A property in Victoria Harbour, \"Hong Kong Building,\" was listed for sale and sold quickly for HKD 7.58 million in one day, incurring a loss of approximately 10.9% after holding it for about four years"
description: "Midland Realty facilitated the sale of a property at Victoria Harbour for HKD 7.58 million, with a usable area of approximately 315 square feet, equivalent to a price per square foot of HKD 24,063. Th"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/271300004.md"
published_at: "2026-01-02T03:39:30.000Z"
---

# A property in Victoria Harbour, "Hong Kong Building," was listed for sale and sold quickly for HKD 7.58 million in one day, incurring a loss of approximately 10.9% after holding it for about four years

> Midland Realty facilitated the sale of a property at Victoria Harbour for HKD 7.58 million, with a usable area of approximately 315 square feet, equivalent to a price per square foot of HKD 24,063. The buyers are a couple who purchased the unit as a gift for their daughter due to the mature community facilities and quality sea view. The owner originally bought it for about HKD 8.51 million, held it for about 4 years, and incurred a loss of approximately HKD 930,000, or about 10.9%

Midland Realty stated that the company recently facilitated the second-hand transaction of Unit D on a high floor of Block 3B in Victoria Harbour Phase 2, with a usable area of approximately 315 square feet, consisting of 1 bedroom and facing northwest with a sea view. The unit was taken over by a local buyer for HKD 7.58 million, equivalent to a price per usable square foot of HKD 24,063.

The aforementioned unit was listed for HKD 7.8 million and received inquiries from local buyers within one day. The buyers are a pair of caring parents who are fond of the mature community amenities, the unit enjoys a quality sea view, and the layout is satisfactory, hence they purchased the unit as a gift for their daughter. After negotiation, the owner agreed to reduce the price by approximately HKD 220,000, resulting in a transaction at HKD 7.58 million. The original owner purchased the unit in February 2022 for approximately HKD 8.51 million, holding it for about 4 years with a paper loss of approximately HKD 930,000, or about 10.9%

### Related Stocks

- [01200.HK - MIDLAND HOLDING](https://longbridge.com/en/quote/01200.HK.md)

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