Kai Bo Peak III one-bedroom unit held for a year and a half, only earning 150,000

Tseung Kwan O Sun Rise City Kai Pak Fung III Block 3A High Floor Unit C, with a usable area of approximately 340 sq ft, one-bedroom layout. The buyer acquired the unit for HKD 5.56 million, with a practical price of about HKD 16,353 per square foot.

Midland Realty stated that the buyer was attracted to the well-equipped community, comfortable environment, high-floor unit with open views, and decided to purchase for self-occupancy.

The original owner bought the property in September 2024 for about HKD 5.41 million and held it for approximately a year and a half. The current transfer resulted in a paper profit of about HKD 150,000 or 2.8%.

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