Tai Koo Shing 2-Bed Premium Unit Sold for HK$10.18M, Owner Nets HK$1.67M in One Year
SingTao · 1 SOURCESabout 2 hours ago2 MIN
Summary
A mid-floor two-bedroom premium-layout unit at Donghai Tower in Tai Koo Shing was sold for HK$10.18 million after just 10 days on the market. The original owner purchased the 572-sq-ft property in March 2025 for HK$8.51 million and made a paper profit of HK$1.67 million, representing a 19.6% appreciation. Separately, a similar unit at Laguna City in Lam Tin fetched HK$6 million, with its previous owner earning HK$3.4 million after nearly nine years of ownership.
Key Points
- The unit at Donghai Tower in Tai Koo Shing, an established blue-chip estate on Hong Kong Island, sold for HK$10.18 million with a useful area of 572 sq ft
- The two-bedroom premium-layout unit commanded HK$17,797 per sq ft and was listed for only 10 days before finding a buyer
- The seller bought the property in March 2025 for HK$8.51 million, yielding a profit of HK$1.67 million after holding for approximately one year
- Lam Tin Laguna City recorded eight transactions in the current month, averaging HK$12,714 per sq ft, with a 517-sq-ft two-bedroom unit sold for HK$6 million
- A Laguna City seller who purchased a unit in December 2007 for HK$2.6 million earned HK$3.4 million, a 1.3-fold return on investment
Why It Matters
The swift sale and substantial profit at Tai Koo Shing underscore persistent demand for premium-layout units in Hong Kong's blue-chip residential estates, even amid market uncertainty . These transactions reflect how well-located properties continue to generate significant capital gains for owners willing to sell, while buyers remain willing to pay premium prices for quality stock .
The swift sale and substantial profit at Tai Koo Shing underscore persistent demand for premium-layout units in Hong Kong's blue-chip residential estates, even amid market uncertainty . These transactions reflect how well-located properties continue to generate significant capital gains for owners willing to sell, while buyers remain willing to pay premium prices for quality stock .