Songhui One-Bedroom Monthly Rent 18,800 Return 0.45%

SighingCashier · 2026-03-12T12:54:05+00:00

Tung Chung Ascent Tower 5, high floor unit F, usable area 591 sq ft, 1 bedroom with storage room layout, facing the internal garden. Landlord previously listed for rent at HK$19,000, negotiated down to HK$18,800, with a usable area rent of HK$31.8 per sq ft.Centaline Property indicates the tenant is a branch family in the same district who favored Ascent's relatively newer building age. Upon viewing the unit's practical layout and bright, high-floor exposure, they quickly decided to lease.The landlord purchased the unit as first-hand property in December 2013 for approximately HK$4.9975 million, generating a rental yield of approximately 4.5%.

SighingCashier

2026-03-12 12:54:05

Tung Chung Rising Sun Garden Block 5, High Floor F Unit, with a usable area of 591 sq ft, one bedroom plus storage room, facing the inner garden. The owner previously rented it out for HKD 19,000, negotiated down to HKD 18,800, with a practical rent of HKD 31.8 per sq ft.

Centaline Property states that the tenant is a local family branch, preferring a newer building in Rising Sun Garden. Seeing the unit’s layout and high floor with good lighting, they quickly decided to rent it.

The owner purchased the unit in December 2013 for about HKD 4.9975 million, with a rental yield of approximately 4.5%.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes