"Port House" Kennedy 38 rents out a one-bedroom for HKD 25,000, with a rental price per square foot of HKD 82.8

Zhongyuan Real Estate stated that its branch recently facilitated the leasing transaction of Kennedy 38, with the unit being a high-level L room, a usable area of 302 square feet, consisting of 1 bedroom, offering mountain and city views, with an open view. The monthly rental asking price was HKD 26,000, and it was ultimately rented out for HKD 25,000, equivalent to a rent of HKD 82.8 per usable square foot.

It is understood that the new tenant is a financial professional from Mainland China, who is fond of the living atmosphere from Sai Wan to Kennedy Town, appreciates the convenient location of the estate, and finds the rent reasonable, thus decided to lease it immediately. The owner purchased the unit for HKD 9.34 million in 2021 and has held it for about 4 years, enjoying a rental return of 3.2%