The two-bedroom unit at Victoria Bay near the Olympic Station was sold for HKD 8.5 million, with the original owner making a profit of over HKD 500,000 after holding the property for more than eighteen years

AASTOCKS
2026.01.22 04:09

Wang Bingyi, Chief Regional Sales Manager of the Olympic Station Longxi First Branch of Zhongyuan Real Estate, stated that the branch recently facilitated a transaction at Olympic Station Victoria Harbour. The unit is Room F on the 3rd floor of a mid-rise building, with a construction area of 609 square feet and a usable area of 457 square feet, featuring a two-bedroom, one-bathroom layout. The unit faces east and enjoys a quiet garden view, and it was sold for HKD 8.5 million, equivalent to a usable price of HKD 18,600 per square foot.

Wang Bingyi pointed out that the original owner purchased the unit for HKD 3 million in June 2007 and has held it for over 18 years. The sale of the unit this time allows for a significant profit of HKD 5.5 million, with the unit appreciating over 1.8 times during the holding period