Loss-making transaction | MARINI one-bedroom depreciated 9% over seven years

SighingCashier · 2026-03-25T10:48:40+00:00

Tseung Kwan O Sunrise Landmark MARINI Block 3A, mid-floor unit C, with a practical area of 380 square feet, 1-bedroom layout, facing southeast, with sea views. After negotiation between buyer and seller, the transaction was completed at 5.94 million yuan, with a practical price per square foot of 15,632 yuan.Centaline Property indicates that the original owner purchased the property at 6.525 million yuan in September 2019, held it for approximately 7 years, and now the sale results in a book loss of 585,000 yuan or 9%.

SighingCashier

2026-03-25 10:48:40

Tseung Kwan O Sun Rise City MARINI Tower 3A, Mid-Level C, with a usable area of 380 sq ft, one-bedroom layout, facing Southeast, overlooking the sea. After negotiation between buyer and seller, it was sold for HKD 5.94 million, with a practical price of HKD 15,632 per sq ft.

Centaline Property states that the original owner purchased the unit in September 2019 for HKD 6.525 million, holding it for about 7 years. The current sale results in a paper loss of HKD 585,000 or 9%.

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