Another 居三房 monthly rent of 30,000 with a 5.9‰ return

Kowloon Tong One Residence Tower 1, High Floor D, with a usable area of 566 sq. ft., 3-bedroom suite layout, facing east, overlooking open city views. Recently rented out for HKD 30,000 including parking space, with a practical rent of HKD 53 per sq. ft.

Centaline Property states that the new tenant is from outside the district, attracted by the vibrant yet quiet environment of the estate; plus, the unit is on a high floor, and after a brief consideration, they decided to rent it as their new home.

It is understood that the owner purchased the property in 2010 for HKD 6.08 million and has been using it for rental income. The current rental yields a return of 5.9%.

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