High-ranking officials enter the market again to buy properties.
The Secretary for Food and Health, Chen Zhaoshi, recently spent 17.8 million yuan to buy a two-bedroom unit in Baguio Bay, Pokfulam.
Since Chen Zhaoshi already owns other residential properties in Hong Kong, he will have to pay up to 15% of the levy tax for entering the market.
According to the data, the above unit is the high-level room A of Block 19 in Baguio Bay, which changed hands for 17.8 million yuan in mid-November. The new buyer is CHAN SIU CHEE SOPHIA, whose name is the same as that of the Director of the Food and Health Bureau.
The above-mentioned unit has a saleable area of 906 square feet, two-bedroom partition, and an open sea view. The transaction price is RMB 19,647 per square foot.
It is worth noting that Chen Zhaoshi declared that he holds a number of properties in Hong Kong and abroad. This time he will need to pay a high tax of up to 15% of the property price, involving 2.67 million yuan.
As for the original owner of the unit in 2014, the purchase price was 13.25 million yuan, and the book value of this change was 4.55 million yuan.
In fact, Baguio Bay has always been a veteran luxury housing estate beloved by senior officials and celebrities. For example, Leung Cheuk Wai, who once served as the dean of the University of Hong Kong School of Medicine and former deputy director of the Food and Health Bureau, spent 39.38 million yuan in the name of the first home buyer in March this year. Enter the low-rise apartment of Block 43 in Baguio Bay with a parking space.
The saleable area of the unit is 2,079 square feet, with a four-bedroom layout, and the transaction price is RMB 18,942 per square foot.
Related Article:
Leung Cheuk Wai, Dean of the Faculty of Medicine of the University of Hong Kong, buys a two-thousand-foot mansion in Baguio Bay for 39.38 million, 10% higher than the valuation
In addition, Zhou Rong, the convener of the "Sound for Hong Kong", spent 17.5 million yuan in the purchase of a high-rise unit in Baguio Bay in early April this year.
The unit has a saleable area of 976 square feet and is separated by two bedrooms. The transaction price is RMB 17,930 per square foot.
The Deputy Secretary-General of the Development Bureau, Mai Chengzhang, first bought the market for 26.5 million in the name of the West Mid-Levels Imperial Court, Guan Zhiping, a member of the three-bedroom police supervision committee, and 235 million. The La Hacienda bungalow on the top of the mountain earned 100 million. Bay senior Zhou Rong: I don’t talk about it
