"Port Tower" buyer acquired a 2-bedroom unit at Olympic Station, Haitaowan for HKD 8.73 million, appreciating approximately 1 million over two years

Liu Zhiwei from Midland Realty stated that the company recently facilitated the second-hand transaction of three low-floor F units at Olympic Station, Haitao Bay. The usable area of the units is 482 square feet, consisting of 2 rooms. The buyer acquired the unit for HKD 8.73 million, equivalent to a usable price of approximately HKD 18,112 per square foot.

Liu Zhiwei pointed out that the aforementioned unit was listed for sale at HKD 8.9 million. The buyer favored the unit due to its proximity to the MTR Olympic Station, the surrounding well-developed amenities, and the practical layout and open views of the unit. The price also met their budget, hence they decided to purchase the unit for self-occupation. After negotiations, the owner reduced the price by HKD 170,000, resulting in a transaction at HKD 8.73 million. The original owner purchased the unit for approximately HKD 7.73 million in June 2024, holding it for about 2 years, and made a profit of around HKD 1 million from this resale