Spacious
1,000+ Reviews
Install

12/29 News Roundup: East Kowloon HOS Flats Set Record Prices, Taikoo Shing & Kingswood Home Deals Rebound

Hong Kong Property | December 29, 2016

East Kowloon HOS Flats Set Record Prices
The high price sale of Kai Tak residential sites is resulting in pricing up of the district’s second hand homes. Two HOS (House Ownership Scheme) flats in East Kowloon set record prices after the recent Kai Tak land sale. A three-room unit of Tin Wang Court in Wong Tai Sin was sold for HK$5.9 million in free market, setting a record of this 554-square-foot unit in the estate. Meanwhile, a 531-square-foot three-room unit in Lam Tin’s Hong Tin Court was sold at HK$5.85 million, or HK$11,017 per square foot. Both prices set a new record for the estate.

Taikoo Shing & Kingswood Home Deals Rebound
Home deals in Taikoo Shing and Kingswood Villas increased in December in spite of the long Christmas weekend. 19 transactions have been recorded in Taikoo Shing, double the number of deals recorded in November. Meanwhile, 40 deals were done in Tin Shui Wai’s Kingswood Villas, already exceeding the total of 36 transactions in the previous month.

For more information on property news and prices, please visit our website at https://www.spacious.hk/.

Recommended Articles

3/8 News Roundup: Tin Shui Wai Private Home Surged HK$10,000 Barrier, URA Invites Interest for Tai Kok Tsui project

Hong Kong Property | March 8, 2017

6/13 News Roundup: Second Home Price Expects to Rise 3-5%, Park Yoho Genova to Announce Price Next Week

Hong Kong Property | June 13, 2017

11 Oct 2016: Property News Roundup: 3Q Land Sale Reached $17.8b, Secondary Home Deals Up

Hong Kong Property | October 11, 2016

Subscribe to Our Blog

Stay up to date with the latest property news and insights.

Exit mobile version