Dragon Mountain Four-Unit Property Holder Exits After 10 Years with 2.13 Million Profit

SighingCashier · 2026-03-23T07:33:04+00:00

Tuen Mun Dragon Hill, 8 Low-Rise B Unit, Practical Area 1,426 sq ft, 4 Bedrooms with Dual Ensuite and Maid's Room Layout, Southeast Racecourse View, Sold for 23.13 Million Yuan after Negotiation, Practical Price per sq ft approximately 16,220 Yuan.Centaline Property stated that the new buyer is a local client who, impressed by the estate's comfortable environment and the unit's practical layout, seized the opportunity to purchase the unit for personal use.According to information, the original owner purchased the property in 2016 for 21 million yuan, held it for 10 years, and now closed the deal with a book profit of 2.13 million yuan. The unit appreciated by 10.1% during this period.

SighingCashier

2026-03-23 07:33:04

Huo Tan Yu Long Shan Block 8, Lower Floor B, with a usable area of 1,426 sq ft, featuring 4 bedrooms including two master suites and a maid’s room. Overlooking the southeast racecourse view, it was sold after negotiation for HKD 23.13 million, with an approximate price of HKD 16,220 per square foot.

Centaline Property states that, according to sources, the new buyer is a local resident. Seeing the comfortable environment of the estate and the unit’s efficient layout, they seized the opportunity to purchase for personal use.

It is understood that the original owner bought the unit in 2016 for HKD 21 million. After holding the property for 10 years, they sold it for a profit of HKD 2.13 million, realizing a 10.1% appreciation during the period.

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