In Kowloon Bay, the Treasure Garden recorded 3 transactions this month, with a one-bedroom unit sold for HKD 3.65 million, a 19% increase after ten months of speculation

Chen Yunzhong, the marketing manager of the Kowloon Taobao branch of Centaline Property, stated that the latest transaction at Kowloon Bay's The Belcher's involved a unit in Block G, mid-level 6, with a usable area of 282 square feet, featuring a one-bedroom, one-bathroom layout, and enjoying a quiet garden view. The unit was sold for HKD 3.65 million without negotiation, equivalent to an average price of HKD 12,943 per square foot.

The new buyer is a first-time homebuyer who, seeing the market's trading atmosphere continue to heat up after the New Year, decided to accelerate their entry into the market and made the decision to purchase for self-use after being satisfied with the property viewings. It is understood that the original owner bought the unit for HKD 3.07 million in May 2025, holding it for only ten months, and is now able to make a profit of HKD 580,000 upon selling, with the unit appreciating by 19%.

Chen Yunzhong indicated that The Belcher's in Kowloon Bay has recorded 3 transactions so far this month, with trading activity significantly accelerating, and the average usable price per square foot at HKD 12,332