Sell-off transaction | Yinghai · Star Bay Royal Four-bedroom sea view, 8 years, sold at a loss of 3.1 million

SighingCashier · 2026-03-27T13:10:53+00:00

Ma On Shan Ying Hoi Phase 3 Ying Hoi · Star Bay Residence Tower 25 High Floor A, practical area of 1,390 sq ft, 4 bedrooms with double en-suite layout, facing northeast, overlooking the full sea view of Star Bay. The original owner asked for HKD 23.5 million, finally reduced slightly by HKD 200,000 to HKD 23.3 million, with a practical price per sq ft of HKD 16,763.Century 21 Kifung Property Tianyu Sea Branch stated that the original owner purchased the unit in March 2018 for HKD 26.4 million. After holding the property for 8 years, it was resold, resulting in a paper loss of HKD 3.1 million. The unit depreciated by 12% during this period.

SighingCashier

2026-03-27 13:10:53

Ma On Shan Ying Hai Phase 3 Ying Hai·Star Bay Block 25, high floor A unit, with a usable area of 1,390 square feet, 4-bedroom double suite layout, facing northeast, offering a full sea view of Star Bay. The original owner initially asked for HKD 23.5 million, and after a slight price reduction of HKD 200,000, it was sold to a buyer for HKD 23.3 million, achieving a usable price of HKD 16,763 per square foot.

Century 21 Qifeng Property Tianyu Ocean Branch stated that the original owner purchased the unit in March 2018 for HKD 26.4 million, held it for 8 years, and then resold it, incurring a paper loss of HKD 3.1 million, with a price drop of 12% during the holding period.

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