
"Port Building" North Point Sai Xi Lake Building three-bedroom suite sold for 19.2 million including parking space, held for 18 years with a book value increase of over double
The Senior Sales Manager of Midland Realty's North Point branch, Xie Guoan, stated that the branch recently recorded a transaction at the North Point Sai Sai Lake Building. The unit is a low-floor B room in Block 8, with a usable area of approximately 1,124 square feet, consisting of a three-bedroom suite with a maid's room.
A buyer from outside the district was attracted to the residential environment of the estate, and with the property prices within budget, they seized the opportunity to enter the market as conditions improved, completing the transaction for HKD 19.2 million, equivalent to a usable price of approximately HKD 17,082 per square foot, and including a parking space. The original owner purchased the property in July 2007 for about HKD 9.48 million, realizing a paper profit of approximately HKD 9.72 million, more than doubling in value

