The "Hong Kong Property" Peri Bay three-bedroom sea view unit sold for HKD 8.4 million, appreciating approximately 19% over ten years

AASTOCKS
2026.01.28 07:29

The assistant district director of Hong Kong Property's Kwai Tsing Polin Bay branch, Hsiung Chien-Ming, stated that the branch recently facilitated a transaction for a high-level unit at Polin Bay. The unit is located in Block 30, Phase 5, Room E, with a usable area of approximately 762 square feet and a gross area of about 997 square feet. It consists of three bedrooms with an additional storage room. The owner originally listed the unit for sale at HKD 8.8 million last September, but after negotiations, the buyer decided to purchase it for HKD 8.4 million for personal use, resulting in a usable price of approximately HKD 11,024 per square foot.

According to the information, the original owner purchased the unit for HKD 7.05 million in October 2012, making a paper profit of approximately HKD 1.35 million upon resale, with the property appreciating about 19%