Cantonese families are reportedly spending up to 43,000 Hong Kong dollars in monthly rentals for holiday flats with sea and mountain views in Beivalsa Wan. According to Yan Kan-ting, a senior area sales director at Centanini, a flat at block 6 Phase 1 of Beivalsa Wan, offering 733 square feet of usable space, two-bedroom layouts, and panoramic sea and mountain views, has been rented for 43,000 Hong Kong dollars monthly, which equates to about 59 Hong Kong dollars per square foot. The new tenants are described as a professional family attracted by the beautiful residential environment and proximity to renowned international schools in the South District. Meanwhile, in Kowloon, properties with sea views are also catching the attention of mainland professionals. Wong Yuen Lam, senior associate of Littel Gate Real Estate in Kowloon, mentioned that a 538 square feet flat in Kan Sheung Garden, Lantau, featuring a 3-bedroom layout and city and mountain views, is now available for a monthly rent of 25,000 Hong Kong dollars. The new tenant, a professional from mainland China, was impressed by the well-equipped lifestyle and the charming and comfortable interior of the flat, resulting in a rent of 46 Hong Kong dollars per square foot, with no negotiations needed. The unit was purchased by the owner in 2019 for approximately 9.88 million Hong Kong dollars, generating a rental return of about 3%.
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Published: 2026-10-31 13:35:00
Talented Families Pay HKD 43,000 a Month for Seafront Apartments in Sai On Valley South District's Advantage Attracts Renters
Yen Cencheng, a senior district sales director of Berkshire Hathaway HomeServices ChinaLand, announced that a seafront apartment in Sai On Valley, Bawu Lin, is now leased for HKD 43,000 per month, with a rentable rate of about 59 HKD per square foot. The new tenant is a talented family attracted by the South District's livable environment and proximity to prestigious international schools. Another unit in Kung Wu Garden, Law Kok, is rented for HKD 25,000 per month.
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