Taikoo Shing three-bedroom apartment sold for 13.6 million, held for nearly 12 years, earning 1.8 million

SighingCashier · 2026-04-02T08:21:31+00:00

Taikoo City Spring Sakura Pavilion Lower Floor C Unit was sold for 13.6 million yuan, with an actual area of approximately 897 square feet, and a transaction price of 15,162 yuan per square foot. The unit was originally purchased by the previous owner in 2014 for 11.8 million yuan, holding it for nearly 12 years, with an unrealized profit of about 1.8 million yuan on paper, and the property appreciated by approximately 15%.

SighingCashier

2026-04-02 08:21:31

Abstract generation in progress

Pacific City Chun Ying Court, Low Floor, Unit C, with a practical area of about 897 sq ft. The layout includes three bedrooms with an en-suite arrangement. It changed hands for HK$13.6 million. The practical price per sq ft is about HK$15,162, which is in line with the prevailing market price level.

Midland Property states that after a prolonged tug-of-war between the buyer and seller for the above unit, the seller put it up for sale in July last year at a price of about HK$13.5 million. More recently, the asking price was adjusted to HK$14.0 million, and a final price reduction of HK$0.4 million was made, resulting in a transaction at HK$13.6 million.

The data shows that the original owner purchased the above property in July 2014 for about HK$11.8 million. Having held it for nearly 12 years, the profit on the book for this resale was about HK$1.8 million, with the property appreciating by about 15% during the period.

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