The Olympic Station Imperial Bay sea view three-bedroom unit sold for HKD 14.68 million, holding the property for 22 years and earning over 90 million

AASTOCKS
2026.01.06 08:00

The Chief Co-Director of Lijia Ge Real Estate's Arc de Triomphe branch, Xu Ru, stated that the bank recently recorded a second-hand transaction case for a high-floor C unit at Olympic Station's The Belcher's, with a usable area of approximately 701 square feet. The unit has a layout of 3 bedrooms and 1 utility room, facing south with a sea view. The owner originally listed the price at HKD 15 million, and after negotiation, it was sold for HKD 14.68 million, equivalent to a price per usable square foot of approximately HKD 20,942.

It is reported that the original owner purchased the unit in 2004 for about HKD 5.58 million and has held it until now for resale, currently realizing a profit of approximately HKD 9.1 million, with the property appreciating about 1.6 times during the period. She added that there are currently about 4 similar units available for sale in the estate, with the lowest entry price starting from approximately HKD 14 million