Kai Tak Bay Two-Bedroom Unit Sold After Year and a Half, Profit Exceeds "1 Ball"

SighingCashier · 2026-03-23T12:47:19+00:00

Kowloon East, Kai Tak, 1 Kai Tak Habourside, Tower 2B, Low Floor Unit G, with a usable area of approximately 432 square feet, 2-bedroom layout. The buyer took over the unit at approximately 8 million yuan, with a usable price per square foot of approximately 18,519 yuan.Midland Properties stated that the buyer was attracted to the development's new building age, complete facilities, and comprehensive living amenities. Additionally, the unit layout is well-proportioned and the price was acceptable, so the buyer decided to proceed with the purchase.The original owner purchased the property in September 2024 at approximately 6.93 million yuan, held it for approximately one and a half years, and made a book profit of approximately 1.07 million yuan on this resale. The property appreciated by approximately 15.4% during this period.

SighingCashier

2026-03-23 12:47:19

Kowloon East, Kai Tak, Tung Fong Road, Kai Tak Bay Phase 1, Block 2B, Lower G Unit, approximately 432 sq ft, 2-bedroom layout. The buyer acquired the unit for about HKD 8 million, with an approximate price of HKD 18,519 per square foot.

Midland Realty stated that the buyer favored the estate for its newness, comprehensive facilities, and complete amenities. The unit’s well-proportioned layout and reasonable price also influenced the decision to purchase.

The original owner bought the property in September 2024 for about HKD 6.93 million and held it for about a year and a half. The current transfer resulted in an unrealized profit of approximately HKD 1.07 million, with the property appreciating by about 15.4% during that period.

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