Yunhui Two-Bedroom Apartment rented out for 17,000 with a return of only 2.6%

Tai Po—Pak Shek Kok—Yunhui Tower 10, low-rise, Unit A5. A usable area of 456 sq ft, with a two-room layout. The initial asking rent is about $17,500 per month. After both sides negotiated, it was rented out for $17,000. The usable sq ft rent is about $37.3.

Centaline Property Services said the new tenant is a local to the area. After viewing the estate, they found the environment comfortable and the unit’s pricing reasonable, so they moved in to live in the unit.

It is understood that the owner purchased the unit for $7.92 million in 2019. The unit rented out this time offers a rental return of about 2.6% (per annum).

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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin