Cheerful Park Latest Property Price Trend (Past 90 Days, Updated Every Saturday)
Avg. price per sqft	HKD$9,355 +7.81%
Volume	2 cases
Profit Ratio	50%
Loss Ratio	50%
Year Turnover Rate	1.8%
Listing Price	HKD$3.38 M - HKD$5.5 M 3units For Sale @8,553 - @9,046

* The estate average transacted price per square foot is calculated using transaction data from the past 90 days. Our 28Hse Valuation System adjusts for different unit characteristics, and the final result reflects the estate overall average price per square foot.

Cheerful Park Latest Rental Market (Past 90 Days, Updated Every Saturday)
Avg. rent	$27.0
Volume	4 cases
Rental Yield	~ 3.5%
Rental activity	3.1%
Rental Price	HKD$18,500 - HKD$18,500 1units Rental @23 - @23

Sold Leased History Transaction

Address	Area	Price Sold/Leased	Profit/Loss
Cheerful Park \| Flat B, 7/F, Block 3 2025-11-14 Land Registry 2 Rooms	378ft²	HKD$3.85 M @ $10,185	+ 1.3%
Cheerful Park \| Flat C, 8/F, Block 4 2025-09-30 Land Registry 3 Rooms	608ft²	HKD$5.36 M @ $8,816	- 13.4%
Cheerful Park \| Flat C, Middle, Block 4, Cheerful Park 2025-09-05 Market Info 3 Rooms	608ft²	HKD$5.36 M @ $8,816	-
Cheerful Park \| Flat C, 6/F, Block 1 2025-07-22 Land Registry 3 Rooms	608ft²	HKD$5.35 M @ $8,799	- 20.1%
Cheerful Park \| Flat E, 10/F, Block 1 2025-07-21 Land Registry 3 Rooms Carpark	791ft²	HKD$4 M @ $5,057	+ 32%
Cheerful Park \| Flat C, Middle, Block 1 2025-07-01 Market Info 3 Rooms	608ft²	HKD$5.35 M @ $8,799	-
Cheerful Park \| Flat B, 8/F, Block 3 2025-05-07 Land Registry 2 Rooms	378ft²	HKD$3.68 M @ $9,735	+ 35.8%
Cheerful Park \| Flat B, Middle, Block 3, Cheerful Park 2025-04-11 Market Info 2 Rooms	378ft²	HKD$3.68 M @ $9,735	-
Cheerful Park \| Flat E, 4/F, Block 3 2025-02-11 Land Registry 3 Rooms	657ft²	HKD$5.9 M @ $8,983	+ 21.7%
Cheerful Park \| Flat E, Low, Block 3, Cheerful Park 2025-01-23 Market Info 3 Rooms	657ft²	HKD$5.9 M @ $8,983	-

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Block 1 1/f To 11/f

Block 1 12/f

Block 2 12/f

Block 2 1/f To 11/f

Block 3 12/f

Block 3 1/f To 11/f

Block 4 12/f

Block 4 1/f To 11/f

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SHKP 33 years estate

Cheerful Park is located at 8 Kat Cheung Crescent, Fanling / Fanling North / Sha Tau Kok / Ta Ku Ling, New Territories. The developer is HENDERSON / SUN HUNG KAI, the Occupation date starts from April 1992. It consists of 4 buildings with a total of 372 residential units, designed from 2 bedrooms to 3 bedrooms, with salesable area from 378 to 977 sq.ft.. There are Swimming Pool, Kids' Facilities, Sports Facilities in Cheerful Park; There is good public transport, about 13 mins walking distance to MTR. POA School Net is 81, Secondary school district is in North.

Total Block:

4 Towers

Permit:

1992 Yr.

Developer:

SHKP

Total Unit:

384 Units

School Zone(pri):

Related Property

School Net 81(Northern District)

School Zone(sec):

Related Property

Northern District(NT5)

Clubhouse:

car park; swimming pool; tennis court

Fanling

For sell 18

For lease 7

新界上水中心商場2樓2031舖

For sell 29

For lease 2

23 Yat Ming Road, Fanling

For sell 77

For lease 19

Cheerful Park( Bus Stop )

1 min Walk

Glamour Garden( Bus Stop )

2 min Walk

Glamour Garden, Pak Wo Road( Bus Stop )

2 min Walk

	Cheerful Park	Dawning Views	Flora Plaza	One Innovale	Fanling Town Center	Avon Park	The Green	Green Code	Fanling Centre	Belair Monte	Royal Knoll
Built	34	26	30	3	33	31	13	12	35	28	27
Total Unit	384	2,784	2,720	1,576	1,280	1,336	253	754	2,200	1,680	60
AVG Price	HKD$9,355	HKD$11,066	HKD$10,233	HKD$12,614	HKD$9,995	HKD$9,648	--	HKD$10,885	HKD$9,756	HKD$9,298	HKD$9,241
Changed	+7.81%	+2.16%	+0.76%	-0.75%	+0.40%	+0.01%	--	-1.37%	-1.48%	+5.18%	-14.13%
Volume	2 cases	33 cases	17 cases	9 cases	11 cases	11 cases	1 cases	5 cases	18 cases	7 cases	1 cases
Profit Ratio	50%	67%	65%	0%	45%	64%	0%	60%	72%	86%	100%
Loss Ratio	50%	33%	29%	100%	45%	0%	100%	40%	22%	14%	0%
Turnover Rate	1.8%	4%	3%	--	3.4%	3.6%	1.2%	2.9%	3.6%	2.6%	1.7%
Listing Price	HKD$3.38 M - HKD$5.5 M	HKD$3.68 M - HKD$12 M	HKD$3.45 M - HKD$5.7 M	HKD$2.38 M - HKD$5.68 M	HKD$3.51 M - HKD$5.1 M	HKD$3.55 M - HKD$5.3 M	HKD$10.4 M - HKD$22.8 M	HKD$3.43 M - HKD$6.98 M	HKD$3.49 M - HKD$5 M	HKD$4.2 M - HKD$7.38 M	HKD$9.3 M - HKD$11 M
Rental	$27.0	$33.0	$31.0	$40.0	$32.0	$30.0	$23.0	$31.0	$33.0	$27.0	$22.0
Rental Yield	~ 3.5%	~ 3.5%	~ 3.7%	~ 3.9%	~ 3.9%	~ 3.7%	--	~ 3.5%	~ 4%	~ 3.5%	~ 2.9%
Rental activity	3.1%	4.2%	2.6%	10.5%	8.8%	3.7%	9.9%	8.1%	8.6%	2.3%	1.7%

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