Pearl Bay one-bedroom monthly rent HK$14,200 with a 9.5% return

SighingCashier · 2026-03-25T12:25:40+00:00

Ma Wan Pearl Bay facilitated three 1-bedroom unit rental transactions, with rental yields ranging from 3.2% to 9.5%. Among them, one mid-level Unit J commanded a monthly rent of HK$14,200, with a usable floor area rent of HK$37.6 per sq ft, generating an owner yield of 9.5%. The other two high-floor units yielded 4% and 3.2% respectively.

SighingCashier

2026-03-25 12:25:40

Abstract generation in progress

Ma Wan Pearl Bay facilitates three one-bedroom rental transactions, with one achieving a 9.5% return.

Unit J on mid-level of Tower 17, Phase 1 of Pearl Bay, with an internal area of approximately 378 sq. ft., one-bedroom layout, overlooking Qing Ma Bridge and Victoria Harbour. The owner listed it at HKD 14,800, which quickly attracted tenants. After negotiations, it was rented at HKD 14,200, with an effective rent of about HKD 37.6 per sq. ft.

Hong Kong Property states that the owner purchased the unit in September 2004 for HKD 1.792 million, achieving a return of approximately 9.5%.

Unit C on the top floor of Tower 17, Phase 1 of Pearl Bay, with an internal area of about 378 sq. ft., one-bedroom layout, with an open view overlooking Kai Shui Men Airport and the sea. The owner listed it at HKD 14,500, which attracted inquiries from new tenants. After negotiations, it was leased at HKD 14,000, with an effective rent of about HKD 37 per sq. ft.

It is understood that the owner bought this unit in June 2016 for HKD 4.2 million. Based on current rental prices, the owner’s return is approximately 4%.

Unit L on the high floor of Tower 17, Phase 1 of Pearl Bay, with an internal area of about 360 sq. ft., one-bedroom layout, overlooking the Shek Tong Tsui Fish Market and sea. The owner listed it at HKD 14,500, which quickly attracted tenants. After negotiations, it was rented at HKD 14,000, with an effective rent of about HKD 38.9 per sq. ft.

It is understood that the owner purchased this unit in December 2020 for HKD 5.2 million. The owner’s return is approximately 3.2%.

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