Hong Kong's second-hand property prices and sales volume are both on the rise! The famous city of Tai Wai is selling a 4-bedroom property for 17 million!

According to the latest transaction data in the market, several popular housing estates, including Tai Wai City, Ma On Shan Silver Lake·Tianfeng, and Ap Lei Chau Deep Bay Court, have recently recorded substantial profit-making transactions. Notably, a four-bedroom unit in Tai Wai City stood out, selling for HKD 17 million. The owner, who held onto the property for 14 years, saw a paper appreciation of 65%, becoming a typical epitome of the current property market recovery.

As a benchmark property in the Dawei area, the 4-bedroom unit sold by Mingcheng has garnered widespread attention in the market. According to intermediaries, the unit has a usable area of approximately 120 square meters, featuring a classic layout of four bedrooms and two living rooms. It boasts a north-south orientation, ensuring ample natural light and a high-quality view. The unit was successfully sold for HKD 17 million, translating to a price per square foot of approximately HKD 12,800. Recalling the purchase price of the unit, the owner purchased it for approximately HKD 10.3 million in 2012 and held it for 14 years. The book profit from this transaction amounts to approximately HKD 6.7 million, representing a significant appreciation of 65%, which far exceeds the average market growth rate during the same period.

In fact, the high premium transactions in the prestigious districts of Hong Kong are not isolated cases. Recently, several mid-to-high-priced housing estates in Hong Kong have shown similar positive trends. A three-bedroom unit at Silver Lake·Tianfeng in Ma'anshan, which the owner held for 8 years, was sold for HKD 9.8 million, with an appreciation rate of over 40%; a two-bedroom unit at Shenwanxuan in Ap Lei Chau also changed hands for HKD 8.2 million, with an appreciation rate of nearly 50% after being held for 10 years. The emergence of multiple profitable cases not only confirms the increased activity in the second-hand market but also reflects the continuous release of buyers' demand for high-quality properties.

Industry insiders analyzed and pointed out that the "price and volume both rising" of high-priced housing estates in the second-hand market this time benefited from the resonance of multiple favorable factors. On the one hand, after the early adjustment, the Hong Kong property market has gradually bottomed out and stabilized. Since 2025, the number of overall property transaction contract registrations and the amount of transactions have been climbing for two consecutive years, and market confidence has continued to recover. On the other hand, the global interest rate downward cycle combined with favorable local policies has reduced the home buyers' cost of purchasing properties, and the long-suppressed demand for improvement has erupted in a concentrated manner. High-priced housing estates, with their mature supporting facilities and high-quality living experience, have become the preferred target for improvement buyers.