Loss Deal | Fu·Ying Men 3-Bedroom Losing 3.01 Million After 9 Years

SighingCashier · 2026-03-25T09:57:40+00:00

Tai Po Fu Ying Men Block 1 high floor Unit D has a saleable area of 841 sq ft with a layout of 3-bedroom suite and storage room. It was listed at approximately RMB 12.5 million and sold at RMB 11.8 million after negotiation, with a saleable price per sq ft of RMB 14,031.Centaline Property indicated that the new buyer is a local resident who found the unit reasonably priced with a practical layout. As similar listings are rare, the buyer acquired the unit for personal use and immediate occupancy.According to reports, the original owner purchased the unit in 2017 for RMB 14.81 million and held it for 9 years. This transaction resulted in a paper loss of approximately RMB 3.01 million, representing a depreciation of approximately 20.3% over the period.

SighingCashier

2026-03-25 09:57:40

Tai Po Fu Ying Men Block 1, High Floor D, usable area 841 sq ft, 3-bedroom suite and storage room layout. Listing price approximately HKD 12.5 million, negotiated down to HKD 11.8 million, with a practical price per square foot of HKD 14,031.

Centaline Property states that the new buyer is a local resident who finds the unit reasonably priced, well-laid out, and rarely available for sale, so they are purchasing for personal use.

It is understood that the original owner bought the unit in 2017 for HKD 14.81 million. Holding for 9 years, this transaction results in an approximate paper loss of HKD 3.01 million, with the unit depreciating about 20.3% during that period.

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