A Hong Kong Jordan Wu Song Street storefront sold at a loss of HKD 12.7 million, after holding for 15 years with a 31% depreciation.

NightAirdropper · 2026-04-12T21:08:25+00:00

A shop at 25-27 Wu Song Street, Jordan, Hong Kong, was sold for HKD 12.7 million, with the original owner incurring a loss of HKD 5.8 million. The current selling price is down 36.5% from the initial HKD 20 million, representing a cumulative decrease. The shop is now leased to a Thai restaurant, with a monthly rent of about HKD 60k, and a return rate of approximately 5.7%.

NightAirdropper

2026-04-12 21:08:25

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Viewpoint Network News: On April 8th, market reports indicate that Ground Floor D at 25-27 Wu Song Street, Jordan, Hong Kong, was sold at a loss for HKD 12.7 million, with the original owner incurring a book loss of HKD 5.8 million over nearly 15 years.

According to reports, the property has a building area of approximately 500 square feet, was put up for sale in mid-2023, initially asking HKD 20 million, later reduced to HKD 15 million, ultimately selling for HKD 7.3 million less, a 36.5% decrease, with a price of about HKD 25.4k per square foot.

Information shows that the property is currently leased to a Thai restaurant, with a monthly rent of about HKD 60k, yielding approximately 5.7%. The original owner invested HKD 18.5 million into the market in September 2011; this time, the property’s price has dropped by over 31%.

Disclaimer: The content and data of this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.

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