After 11 months of detained by the creditor, the two Hong Kong luxury homes that originally belonged to Evergrande's founder Xu Jiayin had a sharp discount of 60 %, anxious to find buyers.
Bloomberg Society on Monday (October 21) quoted people familiar with the matter that the current price of Block C and E of Buli No. 10 was HK $ 900 million ($ 150 million), of which Block C.7 4.7HK $ 100 million, an area of 5433 square feet (about 504.7 square meters); Block E is 430 million Hong Kong dollars, with an area of 4933 square feet.
However, the online media "Hong Kong 01" reported in November last year that the previous valuation of these properties exceeded HK $ 1.5 billion, which was equivalent to a 40 % discount.
It is reported that Xu Jiayin purchased the above -mentioned Hong Kong luxury homes in 2010. In addition to Block C and E, there are also 5,171 square feet (about 480.4 square meters).Essence
Subsequently, in order to alleviate the shortage of cash flow, Xu Jiayin has mortgaged these three luxury homes. Among them, Block C and E were pledged to Olix Asia in 2021 to obtain a loan of HK $ 821 million.
In May this year, Block B was sold at a slightly higher price (470 million Hong Kong dollars) at a slightly higher price (470 million Hong Kong dollars).
It is reported that the reason for the slow sales of Xujiayin's luxury homes is that recently Hong Kong's luxury homes sales business has been impacted by the downturn in the real estate market. Real estate agencies are expected to revive the real estate market in the Hong Kong government's property market. Among them, of whichPurchase real estate with a purchase of not less than HK $ 50 million can help the rich to obtain the right to residue in Hong Kong.
