A two bedroom apartment in Tsuen Wan Centre, Hong Kong was sold for HKD 3.7 million and held for only one year, earning HKD 810000

1、 The second-hand real estate market is recovering, and the profit market for short-term property speculation is heating up

The trading atmosphere in the second-hand residential market in Hong Kong continues to rebound, and many investors are seizing the pace of the real estate recovery to enter the market in the short term and layout low-priced residential properties, resulting in an increasing number of short-term profitable cases. Recently, the Tsuen Wan Centre, a core large-scale housing estate in Tsuen Wan, has seen a remarkable transaction. A two bedroom unit was successfully sold for HKD 3.7 million, and the owner easily cashed out and earned a substantial profit of HKD 810000 after only holding it for one year. The high return performance has attracted market attention, highlighting the resilience and appreciation potential of low-priced properties in New Territories West.

2、 High quality two bedroom apartments in Tsuen Wan are sold at high prices, and property prices in the estates are steadily rising

The transaction unit is located in the center of Tsuen Wan and is a popular two bedroom apartment with moderate practical area and high practicality, meeting the living needs of passengers and families with basic needs. The property was ultimately sold for HKD 3.7 million, with the transaction price reaching a recent high level for similar units in the public housing estate, reflecting the release of market demand purchasing power and a positive attitude towards buyers entering the market.

As a well-established large-scale housing estate in Tsuen Wan, Tsuen Wan Centre has outstanding geographical advantages, mature and complete living facilities in the surrounding area, and a well connected transportation network that closely meets daily consumption and commuting needs. In addition, the affordable total price threshold of the property and the low cost of getting on the car have always been popular choices in the second-hand market of New Territories West. With the continuous improvement of the regional living atmosphere and the increasing value of supporting facilities, the prices of housing estates have steadily risen, laying a solid foundation for property appreciation.

3、 Short term holding for one year, with substantial book profits and substantial returns

It is reported that the original owner of the unit was a short-term investor who accurately seized the opportunity of the low real estate market and purchased the property at a low price last year. The low purchase cost, coupled with the gradual recovery of the real estate market, has driven up property prices. In just one year of holding, high returns can be achieved.

The cost of purchasing the property is low, and compared to the selling price of HKD 3.7 million this time, the direct profit on the book is as high as HKD 810000, with a considerable short-term investment return. In the context of a mild recovery in the overall real estate market, there is no need to hoard properties for a long time. High profits can be achieved in just one year, fully demonstrating the asset preservation and short-term appreciation ability of the core urban area's demand for affordable buildings.

4、 Fine priced housing estates have become investment darlings, with strong demand supporting future resilience

Looking at the current second-hand property market in Hong Kong, the trend of luxury properties is differentiated, while the transactions of low-priced residential properties dominated by rigid demand are more stable and have stronger risk resistance. On the one hand, the continuous existence of young car passengers and the urgent need for renting and changing houses supports the stable demand for low-priced buildings; On the other hand, the low entry threshold and strong turnover liquidity have become key directions for short-term investors to focus on.

The Tsuen Wan area relies on mature community facilities and convenient transportation to undertake a large number of commuting and self occupied needs, and has a solid foundation for regional essential needs. Large affordable housing estates such as Tsuen Wan Centre, with their high practicality and liquidity, are not only suitable for self occupied families, but also become preferred targets for short-term investors.