Hui Xi Four-Bedroom Monthly Rent 62,000 Return Only 0.2%

Cheung Sha Wan, Nanchang Station, above the Hui Chi Tower, Block 6, high-floor Unit A, with a usable area of approximately 1,214 square feet. It features 4 bedrooms, 1 suite, and a helper’s room, facing south with an unobstructed sea view. The owner initially asked for HKD 63,000 rent, but after negotiation, it was rented for HKD 62,000, with an approximate rent of HKD 51 per square foot.

Centaline Property states that the new tenant is a local resident who frequently travels to mainland China for work. They preferred properties near the high-speed rail station and were attracted by the Sun Hung Kai Properties brand. The unit’s layout is versatile and offers beautiful sea views, leading to the decision to rent.

It is understood that the owner purchased the unit in 2021 for about HKD 36.28 million, with a rental yield of approximately 2%.

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