Market news: A mid-rise three-bedroom apartment in Taikoo Shing was sold for RMB 11.38 million, with a book profit of RMB 7.5 million.

Market News: A three-bedroom mid-rise Caitian Court in Taikoo Shing was sold for 11.38 million

Room G on the middle floor of Caitian Court in Taikoo Shing, Hong Kong Island, with a usable area of 717 square feet, 3 bedrooms and 1 living room, and a tower view, was sold for NT$11.38 million, with a net price per square foot of NT$15,872.

Centaline Real Estate stated that the new buyer is a user; the original owner bought the unit for NT$3.88 million in January 2000 and held it for 24 years. After the sale, the book profit was 7.5 million yuan, and the unit appreciated by 1.9 times.

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