Many celebrity artists in Hong Kong also love to invest in property rent, but under the epidemic, rents lack support, and can only lower the rent to attract customers.
According to market sources, the low-rise unit of Xiying Pan YaoLi held by the artist Zhuang Siming, with an area of about 216 square feet (about 19 square meters), is an open interval, and it is known that the new lease is 14,000 yuan per month, and the rent is about 64.8 yuan, which is the market price.
According to sources, the unit was rented out for 16,000 yuan in 2019, so the rent bid was 2,000 yuan or 12.5% lower than that of the previous lease. References, Zhuang Siming purchased the upper site for about 5.886 million yuan in December 2017, and if it is successfully leased out with an intended monthly rent of 14,000 yuan, it is estimated that the return will be nearly 2.9%.
Located next to the exit of the MTR Sai Ying Pun Station, the project was put on sale about four years ago when a group of 221-square-foot open-plan units sold for $10.252 million at a price of $46,389 in October 2018, setting a new high for open-plan units in Hong Kong at the time, known as "sky-high nano-buildings".
Recent rent arrears, such as the four-bedroom large unit in Happy Valley Pine Cypress New Village held by music diva Joey Yung or related persons, will also be rented at a reduced price. The village has a very high-rise unit in Block D, with a saleable area of 2,363 square feet and four-room partitions, and has recently reduced its price by about 18,000 yuan or 15.9%, to 95,000 yuan per month, and the rent is 40.2 yuan, which is lower than the pre-epidemic level.