2-bedroom high-rise unit in Juntingshan, Tsuen Wan, on sale in 2 days! Appreciated by over a million in 12 years

It is understood that over the 12 years since the unit was purchased, its appreciation has exceeded "1 ball" (a term used in the Hong Kong property market, referring to HKD 1 million), becoming a vivid footnote to the recovery of the regional second-hand property market.

Xu Weiye, Senior Divisional Sales Manager of Centaline Property's Tsuen Wan Nan Fung Branch, revealed that the confidence of recent buyers entering the market has significantly increased. During the New Year holiday, three second-hand transactions were recorded in the Tsuen Wan area, indicating a notable increase in market activity. The unit that was quickly sold this time is Unit A in the high-rise building of Block 2 of Jin Ting Shan, with a usable area of approximately 622 square feet. It features a practical layout with two bedrooms and a workroom, and is favored by buyers due to its high-rise view and reasonable layout design.

According to Xu Weiye, the unit attracted the attention of many potential buyers after being listed, and a precise buyer was found just two days after listing. After a site visit, the buyer immediately decided to purchase. Both the buyer and the seller were straightforward and quickly reached a consensus on the transaction price, ultimately completing the transaction smoothly at a price of 7.85 million yuan. From the transaction data, the price of 12,621 yuan per square foot is basically on par with the current average second-hand price in the Jintingshan community, reflecting the market's reasonable pricing recognition of high-quality housing resources in the area.

As a mature housing estate in Tsuen Wan, Villa Costa has always been a popular choice in the second-hand property market, thanks to its convenient location near Tai Wo Hau MTR Station and comprehensive community facilities. The swift transaction of the high-rise units this time not only reflects the urgent demand of buyers for high-quality units catering to basic needs, but also confirms the home buying fervor during the New Year holiday. Industry insiders indicate that with the resurgence of buyer confidence, the second-hand property market in Tsuen Wan is expected to maintain a stable and active trend in the short term, and the transaction cycle for high-quality properties may further shorten.