A unit in Kam Wai Garden in WykePool Mountain, a high-rise with an open mountain view, has attracted a mainland specialist talent who has leased the apartment without negotiation for HKD 25,000 per month. The unit, situated on the upper floor of Building 2, is 538 square feet in size and features a three-bedroom layout. Yi Chak Lok Realty Deputy Director Wu Yuluan said the new tenant, a mainland specialist talent, was particularly drawn to this unit due to its upper-level position, practical layout, bright and comfortable space, and elegant decoration. The unit was virtually unique in the area for its type, with the tenant leasing it without negotiation for HKD 25,000 per month, equating to approximately HKD 46 per square foot, which is slightly higher than the average for similar units in the same complex, though it is considered to be within market value when evaluated by its quality.
Kam Wai Garden in WykePool Mountain has been attracting increasing interest from expatriates and talent from mainland China, mirroring the trend of housing demand in Hong Kong's premium neighborhoods. Due to the competitive property market and the shortage of available units, mainland specialists and professionals have been taking the opportunity to secure residences with convenient layouts and amenities, often without engaging in lengthy negotiation processes. The high demand for such units is indicative of the growing reliance on mainland talent by the local industry and economy, posing challenges for Hong Kong's rental market dynamics.