New Element Lounge 2-Bedroom Monthly Rent 17,300 Yield 10.5%

SighingCashier · 2026-03-17T07:22:22+00:00

New Yueen Long Centre Block 2, Mid-floor Unit F, with a saleable area of approximately 466 sq ft, 2-bedroom layout. The tenant is attracted to the estate's convenient transportation and complete living facilities; coupled with reasonable rent, they leased it at a monthly rent of HK$17,300, with a saleable price per sq ft of approximately HK$37.1.New Yueen Long Centre rents continue to rise, with rental levels now approaching YOHO Midtown in the same district.Midland Realty stated that the owner purchased the property in March 2008 for approximately HK$1.98 million. Based on this rental amount, the rental yield reaches 10.5%.

SighingCashier

2026-03-17 07:22:22

Unit F on the middle floor of Block 2, New Yuen Long Centre, with an approximate usable area of 466 sq ft. It has 2 bedrooms. The tenant favors the convenient transportation and complete amenities of the estate; combined with the reasonable rent, the lease was agreed at HKD 17,300 per month, with a usable square foot rent of about HKD 37.1.

Rent at New Yuen Long Centre continues to rise, approaching the rental level of YOHO Midtown in the same district.

Centaline Property states that the owner purchased the property in March 2008 for about HKD 1.98 million. Based on this rent, the rental yield is 10.5%.

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