{"id":146,"date":"2024-11-14T14:21:04","date_gmt":"2024-11-14T14:21:04","guid":{"rendered":"https:\/\/reco4006.arch.hku.hk\/2024group09\/?p=146"},"modified":"2024-11-14T14:44:48","modified_gmt":"2024-11-14T14:44:48","slug":"laguna-city-flat-sold-for-hk4-5-million-reverting-to-prices-not-seen-in-over-a-decade","status":"publish","type":"post","link":"https:\/\/reco4014.arch.hku.hk\/2024g9\/2024\/11\/14\/laguna-city-flat-sold-for-hk4-5-million-reverting-to-prices-not-seen-in-over-a-decade\/","title":{"rendered":"Laguna City flat sold for HK$4.5 million, reverting to prices not seen in over a decade"},"content":{"rendered":"<p>Article By Dimsumdaily Hong Kong &#8211; 11:07p.m. November 12, 2024 <a href=\"https:\/\/www.dimsumdaily.hk\/laguna-city-flat-sold-for-hk4-5-million-reverting-to-prices-not-seen-in-over-a-decade\/\">https:\/\/www.dimsumdaily.hk\/laguna-city-flat-sold-for-hk4-5-million-reverting-to-prices-not-seen-in-over-a-decade\/<\/a><\/p>\n<p>12th November 2024 \u2013 (Hong Kong) A residential unit in Laguna City, located on Cha Kwo Ling Road, has been sold for a lot less than its listing price.<\/p>\n<div class=\"code-block code-block-33\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-150\" src=\"https:\/\/reco4014.arch.hku.hk\/wp-content\/uploads\/sites\/18\/2024\/11\/Laguna-City-112-768x603-1-300x236.jpg\" alt=\"\" width=\"300\" height=\"236\" srcset=\"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-content\/uploads\/sites\/18\/2024\/11\/Laguna-City-112-768x603-1-300x236.jpg 300w, https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-content\/uploads\/sites\/18\/2024\/11\/Laguna-City-112-768x603-1.jpg 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/div>\n<p>The property, a 517-square-foot apartment featuring two bedrooms, was initially put on the market for HK$5.1 million by an owner looking to emigrate. After a HK$600,000 price cut, the apartment sold for HKD 4.5 million, equating to a square foot price of approximately HK$8,704. This sale price represents a roughly 10% discount from current market rates.<\/p>\n<div class=\"code-block code-block-36\"><\/div>\n<p>Purchased in 2013, the flat has seen a nominal appreciation of just 2.7% over nearly a decade, marking a return to price levels not seen since more than eleven years ago. This modest gain, coupled with the reduced sale price, likely resulted in a net loss for the seller.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By Dimsumdaily Hong Kong &#8211; 11:07p.m. November 12, 2024 https:\/\/www.dimsumdaily.hk\/laguna-city-flat-sold-for-hk4-5-million-reverting-to-prices-not-seen-in-over-a-decade\/ 12th November 2024 \u2013 (Hong Kong) A residential unit in Laguna City, located on Cha Kwo Ling Road, has been sold for a lot less than its listing price. The property, a 517-square-foot apartment featuring two bedrooms, was initially put on the market for [&hellip;]<\/p>\n","protected":false},"author":121,"featured_media":150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/posts\/146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/comments?post=146"}],"version-history":[{"count":1,"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/posts\/146\/revisions"}],"predecessor-version":[{"id":168,"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/posts\/146\/revisions\/168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/media\/150"}],"wp:attachment":[{"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/media?parent=146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/categories?post=146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reco4014.arch.hku.hk\/2024g9\/wp-json\/wp\/v2\/tags?post=146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}