The performance of second-hand housing transactions in Tuen Mun, Hong Kong is impressive

HongKong.info
Real Estate
18 Mar 2026 02:20:13 PM
Against the backdrop of the sustained recovery of the Hong Kong real estate market, the recent outstanding performance of second-hand transactions in Tuen Mun Town Plaza, a core housing estate in the New Territories West.

According to the latest transaction data, the estate recorded a total of 8 second-hand buying and selling cases within the month, of which 7 cases achieved profits on the books of the original owners, with a profit ratio of 87.5%. The profit increase range is relatively large, ranging from 1.01% to 532.73%; Only one case of book loss was recorded, with a loss rate of about 17.53%. The overall trading showed a healthy trend of "profit oriented, minimal loss", which indirectly reflects the property's ability to maintain and increase value.

Looking back at the development history of Hong Kong's real estate market, the SARS period in 2003 was a low point for the property market. At that time, the Hang Seng Index fell sharply, and the real estate market suffered a heavy blow. The housing prices fell significantly, and many homeowners were trapped in negative equity. The case with the largest profit increase in Tuen Mun Town Plaza this time is precisely the property purchased during this special period, which has become a typical example of long-term property holdings achieving significant asset appreciation.

The performance of second-hand housing transactions in Tuen Mun, Hong Kong is impressive

The transaction case is a low rise A room with a practical area of 325 square feet. It is a two bedroom apartment with a layout that meets the living needs of families. The original owner entered the market at a low price of only 550000 yuan during the SARS period in June 2003. After nearly 23 years of holding, it was successfully sold for 3.48 million yuan this month, with a book profit of up to 2.93 million yuan. The property appreciation rate was about 532.73%, significantly outperforming the market by 3.15 times during the same period, fully reflecting the resilience and long-term appreciation potential of high-quality properties in the market cycle.

In addition to this "benchmark" profit case, another transaction also performed well, demonstrating the investment value of the Tuen Mun City Plaza property. This case is a mid-level D-room in 7 buildings, with a practical area of 438 square feet and a more spacious spatial layout. The original owner purchased it for 1.145 million yuan in October 2007 and recently sold it for 3.95 million yuan, earning a book profit of 2.805 million yuan, equivalent to a profit of about 2.45 times, outperforming the market by about 89.34%. Both high profit cases exhibit the characteristics of "long-term holding and significant appreciation", which also confirms that Tuen Mun Town Plaza, as a regional core housing estate, has comprehensive advantages such as geographical location and supporting facilities, supporting the steady increase in property value.

From the overall transaction data, the profit ratio of 87.5% far exceeds the market average, and the occurrence of only one loss case is also within the normal fluctuation range of the market, which has not affected the overall positive trading atmosphere. Combined with the current recovery trend of the Hong Kong real estate market with both quantity and price rising, as well as the continuous release of the "spicy" policy effect and the strengthening of purchasing power of mainland buyers, the second-hand trading performance of Tuen Mun Town Plaza not only reflects the property value of the estate itself, but also reflects the recovery vitality of the Hong Kong New Territories West real estate market.

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