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Xiaobai Peak opens monthly rent at 12,000 with a return of 4.3%
Room A9, High Floor, Block A, Hiu Pak Fung, North West of Western Vegetable Street, Sham Shui Po, has a usable area of approximately 185 square feet, with an open layout, facing southwest, offering a view of the city. The owner initially listed the rent at $13,000, but after negotiation, it was rented out for $12,000, resulting in a usable rent per square foot of about $65.
Lijia Real Estate stated that the new tenant is a local resident who is fond of the estate, which has recently been completed, and the unit is tidy; coupled with convenient transportation, they decided to rent it.
It is reported that the owner purchased the unit for approximately $3.362 million in 2024, currently enjoying a rental return of about 4.3%.