--- title: "The \"Hong Kong Property\" Purview Bay Phase 6 sold a unit in the underwater garden for HKD 15.58 million, making a paper profit of nearly HKD 4 million since its first-hand purchase in 2012" type: "News" locale: "en" url: "https://longbridge.com/en/news/278058870.md" description: "Zhongyuan Real Estate stated that the atmosphere in the Hong Kong property market is warming, prompting buyers to accelerate their entry into the market. The underground garden unit of Phase 6 of the Pearl Bay was sold for HKD 15.58 million, with a usable area of 1,142 square feet, resulting in a price per square foot of HKD 13,647. The original owner purchased it in 2012 for HKD 11.6688 million and held it for about 14 years, realizing a paper profit of HKD 3.912 million, an appreciation of 33.5%" datetime: "2026-03-06T08:43:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278058870.md) - [en](https://longbridge.com/en/news/278058870.md) - [zh-HK](https://longbridge.com/zh-HK/news/278058870.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278058870.md) | [繁體中文](https://longbridge.com/zh-HK/news/278058870.md) # The "Hong Kong Property" Purview Bay Phase 6 sold a unit in the underwater garden for HKD 15.58 million, making a paper profit of nearly HKD 4 million since its first-hand purchase in 2012 Wen Shiyan, Senior Division Sales Manager at Zhongyuan Real Estate, stated that the atmosphere in the property market is becoming increasingly vibrant, prompting buyers to enter the market more quickly. Recently, the Pearl Bay recorded the sale of 32 underground garden units in Phase 6 of Haijue, with a usable area of 1,142 square feet, a 3-bedroom suite layout, and a garden of approximately 725 square feet, classified as a small garden unit. It was initially priced at HKD 16 million and sold for HKD 15.58 million, with a usable price per square foot of HKD 13,647. Last year, Haijue had only one garden unit transaction, and this new sale is the first of this year. The original owner purchased the unit in 2012 for HKD 11.6688 million, holding it for about 14 years, resulting in a paper profit of HKD 3.912 million, an appreciation of 33.5% ### Related Stocks - [SHK PPT (00016.HK)](https://longbridge.com/en/quote/00016.HK.md) ## Related News & Research - [Sun Hung Kai Forecasts Rise in 2025 Profit](https://longbridge.com/en/news/278305140.md) - [SHKP launches 350 Sierra Sea flats as Hong Kong property rebound gathers pace](https://longbridge.com/en/news/274417093.md) - [IND vs NZ final: Highest successful chase in Ahmedabad in T20 history?](https://longbridge.com/en/news/278270056.md) - [We have $13.5 million and 3 kids, but one is an addict. How do we fairly divide our estate?](https://longbridge.com/en/news/278275727.md) - [We have $13.5 million and 3 kids, but one is an addict. How do we fairly divide our estate?](https://longbridge.com/en/news/278215068.md)