Victoria Harbour Bay three-bedroom sea view apartment rented out at HK$34,000 per month with an 8.3% return

SighingCashier · 2026-03-13T09:28:15+00:00

Mong Kok Victoria Harbour Towers Unit 9, Mid-Floor, Unit A, with a usable area of approximately 700 square feet, 3-bedroom suite layout, enjoying Victoria Harbour sea views. The owner initially listed the unit for rent at approximately HK$36,000 per month. After about 2 weeks, an inquiry came from a person outside the district. Following negotiations between both parties, the unit was rented out at HK$34,000 per month, with a usable rental rate of approximately HK$48.6 per square foot.It is understood that the new tenant is a foreign couple who were attracted to the unit because it is decorated and has sea views. After viewing the property twice, they decided to lease the aforementioned unit.Hong Kong Property Express stated that the owner purchased the aforementioned unit for approximately HK$4.92 million in August 2000 and held it for 26 years. The owner enjoyed a return of approximately 8.3%.

SighingCashier

2026-03-13 09:28:15

Mid-Levels, Tower 9, Harbour View Gardens, Room A, Middle Floor, approximately 700 sq. ft., 3-bedroom suite with sea view. The owner initially listed it for rent at about HKD 36,000 for two weeks. After inquiries from outside districts and negotiations, it was rented for HKD 34,000, with an effective rent of about HKD 48.6 per square foot.

It is understood that the new tenants are a foreign couple who liked the unit for its renovation and sea view. After viewing twice, they decided to rent the unit.

Hong Kong Property states that the owner purchased the unit in August 2000 for about HKD 4.92 million. Having held the property for 26 years, the owner’s return is approximately 8.3%.

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