--- title: "In this month, Pak Oi Court in Tai Wai recorded a total of 11 transactions, with a two-bedroom unit sold for HKD 12.95 million" description: "Centaline Property's luxury estate, Park Avenue, recorded 11 transactions this month, surpassing last month's 10. One unit was sold for HKD 12.95 million, with a usable area of 632 square feet, averag" type: "news" locale: "en" url: "https://longbridge.com/en/news/276695448.md" published_at: "2026-02-24T07:04:32.000Z" --- # In this month, Pak Oi Court in Tai Wai recorded a total of 11 transactions, with a two-bedroom unit sold for HKD 12.95 million > Centaline Property's luxury estate, Park Avenue, recorded 11 transactions this month, surpassing last month's 10. One unit was sold for HKD 12.95 million, with a usable area of 632 square feet, averaging HKD 20,491 per square foot. The original owner purchased it in 2020 for HKD 12.645 million, holding it for about six years, now making a profit of HKD 305,000, with the unit appreciating by 2.4% Zhao Guohua, the branch manager of the first branch of Park Island in the Tai Wai area of Centaline Property, stated that during the New Year period, Park Island recorded approximately 11 transactions this month, surpassing last month's total of 10 transactions. The branch recently recorded a transaction for a unit in Block 6A, with a usable area of 632 square feet, consisting of two bedrooms, a suite, and a storage room. The owner initially listed the property for approximately HKD 13 million and recently sold it for HKD 12.95 million after negotiation, with an average price per square foot of HKD 20,491. It is understood that the original owner purchased the property in 2020 for HKD 12.645 million, holding it for about six years, and is now exiting with a profit of HKD 305,000, representing a 2.4% appreciation during the holding period ### Related Stocks - [159768.CN - Yinhua CSI Interior Real Estate Theme ETF](https://longbridge.com/en/quote/159768.CN.md) - [00825.HK - NWDS CHINA](https://longbridge.com/en/quote/00825.HK.md) - [00017.HK - NEW WORLD DEV](https://longbridge.com/en/quote/00017.HK.md) - [512200.CN - China Southern CSI All Share Real Estate ETF](https://longbridge.com/en/quote/512200.CN.md) - [159707.CN - Hwabao WP CSI 800 Real Estate ETF](https://longbridge.com/en/quote/159707.CN.md) - [159940.CN - GF CSI All Share Financials ETF](https://longbridge.com/en/quote/159940.CN.md) - [515060.CN - ChinaAMC CSI All Share Real Estate ETF](https://longbridge.com/en/quote/515060.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Real Estate Markets Heat Up in Some Chinese Cities Over Lunar New Year | Several Chinese cities experienced a surge in housing market activity during the Lunar New Year holiday, driven by gover | [Link](https://longbridge.com/en/news/276844734.md) | | US mortgage rates reach lowest since 2022, spurs refinancing | US mortgage rates have dropped to their lowest since 2022, with the 30-year mortgage rate at 6.09% and five-year adjusta | [Link](https://longbridge.com/en/news/276896967.md) | | Century 21 Real Estate Reveals its 2025 "Number Ones," Honoring the Brand's Highest Performers Worldwide \| COMP Stock News | Century 21 Real Estate LLC has announced its 2025 "Number Ones," recognizing top performers in its global network. The a | [Link](https://longbridge.com/en/news/276623998.md) | | Hope fades in search for missing after deadly Brazil rains | Despair looms in southeastern Brazil as rescuers search for 33 missing individuals following torrential rains that cause | [Link](https://longbridge.com/en/news/276903467.md) | | New World Department Store China Limited hält Vorstandssitzung zur Veröffentlichung der Halbjahresergebnisse ab | New World Department Store China Limited will hold a board meeting on February 26, 2026, to discuss the release of inter | [Link](https://longbridge.com/en/news/275429506.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.