Midland Realty said it recently facilitated the first transaction this month at "Sol City" in Yuen Long, with a 747-sq-ft unit acquired by a tenant from the same district for HKD10.8 million.According to records, the original owner purchased the property in December 2020 for about HKD13.1666 million. After holding the unit for over five years, the seller recorded a book loss of approximately HKD2.3666 million on the transaction, representing a depreciation of about 18%.
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