Real estate market
Written by: Xu Shihao
2020-02-24 20:35
Last updated: 2020-02-24 20:35Due to fatigue, property prices have fallen, and some politicians have chosen to enter the market at this time. Member of the New Democratic Party Legislative Council, Chen Jiayi, personally spent 22 million on the purchase of Room E in the middle and lower floors of Yongjing Terrace in Mid-Levels West.
According to the Land Registry, the unit is a middle-floor E room with a saleable area of 1,117 square feet and a transaction price of 19,875 yuan. According to information, recently Yongjing Terrace has sold two E-room units of the same size and same size, with the transaction price of 26.3 million The purchase price is about 9% to 16% lower than the market price.
Chen Jiaxun revealed that this investment for her husband is a "rental lease purchase" at this stage for temporary rent collection. According to her stamp duty tax of 940,000 yuan, she only needs to pay 4.25% stamp duty, which is expected to enter the market as a first home. However, for properties above 10 million yuan, no matter whether they are for self-use or even leased properties, only 50% of mortgages can be undertaken.
Owners willing to reduce prices second-hand transactions
The number of second-hand luxury homes hit a record low last year
Chen Jiayi Second-hand Deals