17 October 2014 - A single number village house on the waterfront of Sheung Sze Wan in Sai Kung was recently sold for HKD130 million. The transaction price per square foot amounted to HK$61,905, breaking the record for both transaction price and price per square foot in Hong Kong’s village house market.

 

The nicely renovated house is sized at 2,100 sq.ft. with an attached garden. A property agent commented that the buyer was looking for a new home in Sai Kung for more than a year before choosing this village house. The former owner bought the house for HK$34 million in 2006, making a profit of 2.8 times more than the original transaction price.

 

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