Real estate market
Written by: Xu Shihao
2019-12-27 12:03
Last updated: 2019-12-27 12:03The SARS epidemic broke out in 2003, the economy worsened, and property prices fell. However, buyers still entered the city at that time, earning more than 10 million yuan after holding the goods for 16 years.
According to Zhang Guangyao, a senior regional business director of Taikoo Cheng District of Central Plains Real Estate, during the Christmas period, Room A, Middle Floor, Qitian Pavilion, Taikoo City, has a practical area of 759 square feet and is a 3 bedroom suite. Yuan changed hands, equivalent to an average saleable price of 19,763 yuan.
Zhang Guangyao pointed out that the original owner bought the unit for 2.9 million yuan in December 2003 and held the stock for 16 years. The book profit was 12.1 million yuan, and the unit appreciated by 4.2 times. In addition, Taikoo Shing recorded 15 transactions temporarily in December, with an average saleable price of about 19,800 yuan.
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Second-hand transaction Taikoo Shing
