Tuen Mun's' City of Erosion '1 bedroom sold for 2.79 million yuan! Speculators buy silver at a low price!

A one bedroom unit in the estate was recently sold for 2.79 million yuan. The original owner had only been in charge for three months, and the book profit was about 290000 yuan, with an appreciation rate of 10%. The unit being sold this time is a low rise D-room in Tuen Mun Ti'an Building, with a usable area of approximately 307 square feet and a 1-bedroom layout. It is reported that the unit was put up for sale for 2.98 million yuan half a month ago. After negotiations, it was recently taken over by passengers for 2.79 million yuan, with a price reduction of 190000 yuan, a discount of about 6.4%, equivalent to a price of 9088 yuan per square foot.

It is worth noting that this unit is a silver main market. According to the data, the original owner purchased it for about 2.5 million yuan in September 2025, and after holding it for only 3 months, it changed hands. In just three months, the book profit was about 290000 yuan, and the unit appreciated by about 11.6% during the period. Even after deducting approximately 53000 yuan in transaction fees (including stamp duty, agency commission, etc.), it is expected that the actual profit will be about 237000 yuan before leaving.

It is reported that Evergrande, the former developer of Tuen Mun Ti'an, had previously encountered financial difficulties, and the project was subsequently taken over by Welfare Lottery Development. In June of this year, the takeover party launched a promotional activity with a significant price reduction of 60% to accelerate inventory reduction. This measure not only lowered the entry threshold, but also created opportunities for investors to make low profit.

Coincidentally, at the beginning of this month, a one bedroom unit in Block 5 of Phase 2 of the estate also recorded a profit from short-term speculation. The unit was sold for 2.88 million yuan and had been in charge for about 5 months. The book profit was about 240000 yuan, with an appreciation rate of about 9%. The emergence of two consecutive cases of short-term speculation for profit has broken the long-standing "loss and concession" label of Tuen Mun Tian, and also reflects that investors who entered the market at a low price in the early stage have gradually entered the stage of profit realization.