Landscope Realty announces the sale yesterday of a middle floor unit at Carnation Court, 41-71 Tai Hang Road, Midlevels East, Hong Kong for $21,000,000.

The sale price represents $9,877 per square foot based on a gross area of 2,216 square feet of the unit.

Ms. Sami Woo, a senior manager of Residential Department who handled the transaction, said, “The buyer is an investor who is looking for rental yield and long-term capital appreciation. The property is a sizeable and practical four-bedroom unit with facilities, and close to Causeway Bay. It is very suitable for family tenants.”

Carnation Court is popular for its efficient layout. The units have 3 or 4 bedrooms with a spacious L-shaped living and dining room and a small balcony. The 29-storey tower has 2 apartments per floor, totally 58 units. Conveniently located on Tai Hang Road, Carnation Court has easy access to Wanchai, Causeway Bay and Central. Public transports including bus, public light bus and taxis are readily available along Tai Hang Road.