The sub-penthouse of Taipei luxury house Diamond Towers was sold at a discount of 12%, with a price per square meter of NT$330,000 less than the price downstairs.

The sub-penthouse on the 29th floor of the well-known luxury building project "Diamond Towers Taipei Star" in North City was sold for more than 300,000 yuan per square meter lower than the price per square meter below. (Photo by reporter Xu Yiping)

[Reporter Xu Yiping/Taipei Report] In exchange for cash for emergency relief, the top floor of a luxury house in Beijing was sold at a 13% discount. According to the latest disclosure from the Ministry of Interior’s real price website, at the end of July, the sub-penthouse on the 29th floor of the well-known luxury building project "Diamond Towers Taipei Star" in North City was sold for a total price of more than 350 million yuan, with a unit price of 2.3601 million yuan per square meter. Compared with the unit price of 2.6906 million yuan per square meter after the downstairs and the 28th floor were broken down in 2023, it was sold at a discount of 12%, and the unit price per square meter was more than 330,000 yuan less than downstairs.

According to the latest real price disclosure, the luxury house is built with 30 floors above ground. One unit on the 29th floor and sub-penthouse was revealed in July, with an area of ​​about 148.32 square meters and a total price of 350.04 million yuan. It is a rough house and does not have a parking space. The real estate industry pointed out that this year, there have been at least 7 real prices for this luxury house, and 6 of them did not even have a parking space. Moreover, the unit price per square meter is at a discount compared to the units sold in previous years, and the lowest is even a 23% discount.

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Sold 6 units in 2 months and received nearly 1.67 billion yuan in cash

Further observation of the real price disclosure record of this luxury house this year shows that in two months from June to July, 6 households were exposed, including one each on the 14th, 19th, 20th, and 29th floors, plus two households on the 11th floor. A total of nearly 1.67 billion yuan was exchanged for cash. However, further inquiry on the cadastral data revealed that most of the households sold recently had false seizure records before, and were sold in trust after being canceled, and then sold shortly after.

He Shichang, CEO of Xinchuan Real Estate Think Tank, said that in practice, it is rare for luxury homes to be sold without parking spaces, and there should be hidden secrets. In terms of transaction unit price alone, "Diamond Towers Taipei Star" is lower than the market price, which can solve the urgent needs of the builders. However, the biggest impact is the government's repayment of households. The unit price of the future bidding will inevitably be significantly lowered. If the decrease is not enough, it may be difficult to escape the bid.

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